v3.25.4
Employee Retirement Plans (Tables)
12 Months Ended
Jan. 02, 2026
Multiemployer Plan [Abstract]  
Schedule of Multiemployer Plans

 

 

 

Pension Protection Act
Zone Status

 

 

 

Company Contributions
Fiscal Year Ended
(in thousands)

 

 

 

Pension Fund

 

EIN/Pension Plan Number

 

January 2, 2026

 

January 3, 2025

 

FIP/RP Status Pending or Implemented

 

January 2, 2026

 

 

January 3, 2025

 

 

Surcharge Imposed

Carpenters Pension Trust Fund for Northern CA

 

94-6050970

 

Red

 

Red

 

Implemented

 

$

1,157

 

 

$

1,049

 

 

No

Pension Trust Fund for the Operating Engineers

 

94-6090764

 

Green

 

Green

 

NA

 

 

911

 

 

 

1,154

 

 

No

Construction Laborers Pension Trust for Southern California

 

43-6159056

 

Green

 

Green

 

NA

 

 

891

 

 

 

602

 

 

No

Operating Engineers Trust Fund

 

95-6032478

 

Green

 

Green

 

NA

 

 

808

 

 

 

730

 

 

No

Tri-State Carpenters & Joiners Pension Trust Fund

 

62-0976048

 

Green

 

Yellow

 

NA

 

 

698

 

 

 

1,074

 

 

No

Ironworkers District Council of TN Valley & Vicinity Welfare Pension and Annuity Plans

 

62-6098036

 

Described below(1)

 

Described below(1)

 

NA

 

 

569

 

 

 

649

 

 

No

California Ironworkers Field Pension Fund

 

95-6042866

 

Green

 

Green

 

NA

 

 

554

 

 

 

735

 

 

No

Southwest Carpenters Pension Fund

 

95-6042875

 

Green

 

Green

 

NA

 

 

545

 

 

 

588

 

 

No

Laborers Pension Trust Fund for Northern CA

 

94-6277608

 

Green

 

Green

 

NA

 

 

543

 

 

 

802

 

 

No

Central Pension Fund of the IUOE & Participating Employers

 

36-6052390

 

Described below(1)

 

Green

 

NA

 

 

542

 

 

 

614

 

 

No

San Diego Electrical Pension Plan

 

95-6101801

 

Yellow

 

Yellow

 

NA

 

 

508

 

 

 

423

 

 

No

Southern California IBEW-NECA Pension Trust Fund

 

95-6392774

 

Yellow

 

Yellow

 

NA

 

 

493

 

 

 

384

 

 

No

San Diego County Construction Laborers Pension Trust Fund

 

95-6090541

 

Green

 

Green

 

NA

 

 

426

 

 

 

469

 

 

No

Plasterers & Cement Masons Local 148 Defined Contribution Pension Fund

 

58-6098290

 

Described below(1)

 

Green

 

NA

 

 

287

 

 

 

120

 

 

No

Tennessee/North Carolina Carpenters and Millwrights Pension Fund

 

62-6101275

 

Described below(1)

 

Green

 

NA

 

 

200

 

 

 

57

 

 

No

 

 

 

Contributions to other multiemployer plans

 

 

1,215

 

 

 

1,200

 

 

 

 

 

 

 

 

 

Total contributions made

 

$

10,347

 

 

$

10,650

 

 

 

 

(1) For the plans noted above, we have not received a funding notification that covers the fiscal year presented during the preparation of the consolidated financial statements. Under Federal pension law, if a multiemployer pension plan is determined to be in critical or endangered status, the plan must provide notice of this status to participants, beneficiaries, the bargaining parties, the Pension Benefit Guaranty Corporation, and the Department of Labor. The Company has also observed that these plans have not submitted any Critical or Endangered Status Notices to the Department of Labor for calendar years that the Company has not received notification. The Critical or Endangered Status Notices can be accessed at https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/public-disclosure/critical-status-notices