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Employee Retirement Plans and Post-Retirement Medical Benefits (Tables)
12 Months Ended
Dec. 26, 2020
Compensation And Retirement Disclosure [Abstract]  
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 26,

2020

 

 

December 28,

2019

 

 

December 26,

2020

 

 

December 28,

2019

 

 

 

(in thousands)

 

Fair value of plan assets at end of fiscal

   year

 

$

 

 

$

3,946

 

 

$

 

 

$

 

Benefit obligation at end of fiscal year

 

 

 

 

 

6,680

 

 

 

1,077

 

 

 

888

 

Unfunded Status

 

$

 

 

$

(2,734

)

 

$

(1,077

)

 

$

(888

)

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 26,

2020

 

 

December 28,

2019

 

Cash equivalents

 

 

0

%

 

 

100

%

Equity securities

 

 

0

%

 

 

0

%

Debt securities

 

 

0

%

 

 

0

%

Total

 

 

0

%

 

 

100

%