Profit Sharing and 401(k) Plan

12 Months Ended

Dec. 28, 2024

Retirement Benefits [Abstract]

Profit Sharing and 401(k) Plan

Profit Sharing and 401(k) Plan

Under the Company’s profit sharing and 401(k) plan, eligible employees may defer up to 50% of their compensation on a

pre-tax basis, subject to Internal Revenue Service limitations. Each year, the Company makes a contribution equal to a

percentage of the employee’s contribution. During 2024, 2023 and 2022, the Company’s contributions, net of

forfeitures, were $7 million, $10 million and $10 million, respectively.