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Employee Retirement Plans and Post-Retirement Medical Benefits (Tables)
12 Months Ended
Dec. 30, 2017
Funded Status of Local 1199 Pension Plan and Retiree Medical Plan

The funded status of the Local 1199 Pension Plan and the Retiree Medical Plan are as follows:

 

     Local 1199 Pension Plan      Retiree Medical Plan  
     December 30,      December 31,      December 30,      December 31,  
     2017      2016      2017      2016  
     (in thousands)  

Fair value of plan assets at end of fiscal year

   $ 3,330      $ 2,733      $ —        $ —    

Benefit obligation at end of fiscal year

     5,572        4,611        799        708  
  

 

 

    

 

 

    

 

 

    

 

 

 

Unfunded Status

   $ (2,242    $ (1,878    $ (799    $ (708
  

 

 

    

 

 

    

 

 

    

 

 

 

Local 1199 Plan's Weighted-Average Asset Allocations

The Local 1199 Plan’s weighted-average asset allocations at the measurement dates by asset category are as follows:

 

Asset Category

   December 30,
2017
    December 31,
2016
 

Equity securities

     67     66

Debt securities

     33     34
  

 

 

   

 

 

 

Total

     100     100