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BENEFIT PLANS
9 Months Ended
Sep. 26, 2021
Retirement Benefits [Abstract]  
BENEFIT PLANS

12. BENEFIT PLANS

 

The following summarizes the components of net periodic benefit cost for the defined benefit pension plan:

 

 

 

For the thirteen weeks ended

 

 

For the thirty-nine weeks ended

 

 

 

September 26, 2021

 

 

September 27, 2020

 

 

September 26, 2021

 

 

September 27, 2020

 

Components of Expense:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

35

 

 

$

40

 

 

$

107

 

 

$

120

 

Interest cost

 

 

38

 

 

 

48

 

 

 

114

 

 

 

144

 

Expected return on plan
   assets

 

 

(58

)

 

 

(64

)

 

 

(180

)

 

 

(192

)

Amortization of net loss

 

 

9

 

 

 

 

 

 

19

 

 

 

 

Net periodic benefit cost

 

$

24

 

 

$

24

 

 

$

60

 

 

$

72

 

 

The Company made matching contributions totaling $1,019 and $757 to our 401(k) plan during the 13-week periods ended September 26, 2021 and September 27, 2020, respectively. The Company made matching contributions totaling $2,020 and $1,558 to our 401(k) plan during the 39-week periods ended September 26, 2021 and September 27, 2020, respectively.

 

The Company made contributions of $300 and $294 to our defined benefit pension plan during the 13-week periods ended September 26, 2021 and September 27, 2020, respectively. The Company made contributions of $417 and $477 to our defined benefit pension plan during the 39-week periods ended September 26, 2021 and September 27, 2020, respectively.