Annual report [Section 13 and 15(d), not S-K Item 405]

Defined Contribution Plan

v3.25.3
Defined Contribution Plan
12 Months Ended
Sep. 28, 2025
Retirement Benefits [Abstract]  
Defined Contribution Plan

Note 11 — Defined Contribution Plan

 

The Company sponsors a defined contribution pension plan under Section 401(k) of the Internal Revenue Code for all employees. Company contributions are voluntary and are determined annually at the discretion of the Board at the beginning of each fiscal year. For the fiscal years ended September 28, 2025 and September 29, 2024, the Company offered a qualified automatic contribution arrangement (QACA) with a 100% match of the first 1% and 50% matching of the next 5% and a 2-year vesting requirement. The Company’s contribution expense for the fiscal years ended September 28, 2025 and September 29, 2024 were $261 thousand and $202 thousand, respectively.