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BENEFIT PLANS
9 Months Ended
Nov. 09, 2024
BENEFIT PLANS  
BENEFIT PLANS

3.

BENEFIT PLANS

The following table provides the components of net periodic benefit cost (benefit) for the company-sponsored defined benefit pension plans and other postretirement benefit plans for the third quarters of 2024 and 2023:

Third Quarter Ended

 

Pension Benefits

Other Benefits

 

November 9,

November 4,

November 9,

November 4,

 

    

2024

    

2023

    

2024

    

2023

 

Components of net periodic benefit cost (benefit): 

Service cost 

 

$

2

 

$

4

 

$

1

 

$

1

Interest cost 

 

30

 

29

 

2

 

3

Expected return on plan assets 

 

(34)

 

(35)

 

 

Amortization of: 

Prior service cost 

 

 

 

(1)

 

(3)

Actuarial loss (gain)

 

2

 

2

 

(2)

 

(3)

Net periodic benefit cost (benefit)

 

$

 

$

 

$

 

$

(2)

The following table provides the components of net periodic benefit cost (benefit) for the company-sponsored defined benefit pension plans and other postretirement benefit plans for the first three quarters of 2024 and 2023:

Three Quarters Ended

 

Pension Benefits

Other Benefits

 

November 9,

November 4,

November 9,

November 4,

 

    

2024

    

2023

    

2024

    

2023

 

Components of net periodic benefit cost (benefit): 

Service cost 

 

$

5

 

$

13

 

$

3

 

$

3

Interest cost 

 

101

 

98

 

8

 

6

Expected return on plan assets 

 

(114)

 

(115)

 

 

Amortization of: 

0

0

Prior service cost 

 

 

 

(3)

 

(9)

Actuarial loss (gain)

 

7

 

6

 

(8)

 

(10)

Net periodic benefit cost (benefit)

 

$

(1)

 

$

2

 

$

 

$

(10)

The Company is not required to make any contributions to its company-sponsored pension plans in 2024 but may make contributions to the extent such contributions are beneficial to the Company. The Company did not make any significant contributions to its company-sponsored pension plans in the first three quarters of 2024 or 2023.

The Company contributed $255 and $251 to employee 401(k) retirement savings accounts in the first three quarters of 2024 and 2023, respectively.