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Employee Benefit Plan
12 Months Ended
Dec. 28, 2019
Compensation And Retirement Disclosure [Abstract]  
Employee Benefit Plan

11. Employee Benefit Plan

We have a plan known as the Iridex Corporation Profit Sharing/401(k) Plan to provide retirement benefits through the deferred salary deductions for substantially all U.S. employees. Employees may contribute up to 15% of their annual compensation to the plan, limited to a maximum amount set by the Internal Revenue Service. The plan also provides for Company contributions at the discretion of the Board of Directors. In 2019 and 2018, total matching contributions made by the Company were $219 thousand and $233 thousand, respectively.