v3.26.3
Postretirement Plans
9 Months Ended
Oct. 10, 2026
Retirement Benefits [Abstract]  
Postretirement Plans

19. POSTRETIREMENT PLANS

The company sponsors two pension plans, the Flowers Foods, Inc. Retirement Plan No. 2, and the Tasty Baking Company Supplemental Executive Retirement Plan (“Tasty SERP”). The Tasty SERP is frozen and has only retirees and beneficiaries remaining in the plan. The company provides certain health care and life insurance benefits for eligible retired employees covered under the active medical plans. The plan incorporates an up-front deductible, coinsurance payments and retiree contributions at various premium levels. Eligibility and maximum period of coverage are based on age and length of service.

There were no contributions made by the company to any plan during the twelve and forty weeks ended October 10, 2026 and October 4, 2025.

The net periodic pension cost for the company’s plans includes the following components (amounts in thousands):

 

 

 

For the Twelve Weeks Ended

 

 

For the Forty Weeks Ended

 

 

 

October 10, 2026

 

 

October 4, 2025

 

 

October 10, 2026

 

 

October 4, 2025

 

Service cost

 

$

231

 

 

$

183

 

 

$

770

 

 

$

609

 

Interest cost

 

 

348

 

 

 

322

 

 

 

1,161

 

 

 

1,074

 

Expected return on plan assets

 

 

(301

)

 

 

(318

)

 

 

(1,004

)

 

 

(1,061

)

Amortization of prior service cost

 

 

80

 

 

 

(48

)

 

 

266

 

 

 

(160

)

Amortization of net loss

 

 

(39

)

 

 

(44

)

 

 

(129

)

 

 

(146

)

Total net periodic pension cost

 

$

319

 

 

$

95

 

 

$

1,064

 

 

$

316

 

 

The components of total net periodic benefit cost other than the service cost are included in the other components of net periodic pension and postretirement benefit plans credit line item on our Condensed Consolidated Statements of Income.

401(k) Retirement Savings Plan

The Flowers Foods, Inc. 401(k) Retirement Savings Plan covers substantially all the company’s employees who have completed certain service requirements. The total cost and employer contributions were as follows (amounts in thousands):

 

 

 

For the Twelve Weeks Ended

 

 

For the Forty Weeks Ended

 

 

 

October 10, 2026

 

 

October 4, 2025

 

 

October 10, 2026

 

 

October 4, 2025

 

Total cost and employer contributions

 

$

8,384

 

 

$

8,099

 

 

$

27,661

 

 

$

27,360