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

Employee Retirement Plan and Deferred Compensation Plan

v3.25.4
Employee Retirement Plan and Deferred Compensation Plan
 12 Months Ended
Jan. 03, 2026
Employee Retirement Plan and Deferred Compensation Plan  
Employee Retirement Plan and Deferred Compensation Plan

Note 9 – Employee Retirement Plan and Deferred Compensation Plan

Effective February 17, 2006, the Company adopted a 401(k) defined contribution retirement plan covering all full time employees who have completed one month of service. The Company may, at its sole discretion, match fifty cents per dollar up to 6% of each participating employee’s salary. The Company’s contributions vest in annual installments over three years. Discretionary contributions made by the Company totaled $518 and $981 for fiscal years 2025 and 2024, respectively.