Post-Retirement Health Care (Tables)

12 Months Ended

Jan. 01, 2022

The following table sets forth the activity and reporting location of the benefit obligation and plan assets (in thousands):


	2021		2020
Change in benefit obligation
Benefit obligation at beginning of year	$	23,403	$	21,818
Service cost	597		777
Interest cost	549		675
Benefits paid	(1,073)		(1,204)
Actuarial loss (gain)	(225)		1,337
Benefit obligation at end of year	$	23,251	$	23,403
Change in plan assets
Fair value at beginning of year	$	—	$	—
Actual return on assets	—		—
Employer contribution	1,073		1,204
Transferred out	—		—
Benefits paid	(1,073)		(1,204)
Fair value at end of year	$	—	$	—
Funded Status of Plan	$	(23,251)	$	(23,403)

Amounts recognized in the Statement of Financial Position consist of:
Current liabilities	$	1,128	$	1,039
Non-current liabilities	$	22,123	$	22,364

Amounts recognized in Accumulated Other Comprehensive Income (Loss) (before tax) consist of:
Actuarial loss	$	3,294	$	3,701



Change in Accumulated Other Comprehensive Income (Loss) (before tax):
Amount disclosed at beginning of year	$	3,701	$	2,384
Actuarial loss (gain)	(225)		1,337

Amortization of transition amount	(182)		(20)

Amount disclosed at end of year	$	3,294	$	3,701

Estimated future benefit payments are as follows (in thousands):

Expected contributions are as follows (in thousands):


Fiscal 2022			$	1,128

The discount rate used was as follows: