Retirement Plans (Tables)

12 Months Ended

Sep. 29, 2024

Retirement Benefits [Abstract]

Schedule of amounts recorded on the balance sheet

The Plan's funded status was as follows (in thousands):

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Fair value of plan assets	$	46,815	$	39,572
Benefit obligation	(39,722)		(35,303)
Net surplus	$	7,093	$	4,269

Fair value of plan assets by major asset category

The fair values of the plan assets by major asset categories were as follows (in thousands):

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Equities	$	3,739	$	2,213
Mutual funds	22,923		20,458
Liability driven investment funds	15,833		13,807
Bonds	2,657		2,354
Cash/other	1,663		740
Fair value of plan assets	$	46,815	$	39,572

Principle assumptions used for the benefit obligation valuation

Principal assumptions used for the benefit obligation in the valuation are as follows:

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Discount rate	5.00	%	5.35	%
Rate of inflation	2.70% to 3.15%		2.80% to 3.35%