v3.21.1
RETIREMENT SAVINGS PLANS (Tables)
12 Months Ended
Jan. 03, 2021
Retirement Savings Plans  
Schedule of information on 401(k) plan

Year Ended

(dollars in thousands)

January 3, 2021

December 29, 2019

Employer contribution rate, percent of employee contributions

25.0

%

 

25.0

%

Employee contribution rate, maximum percentage of employee earnings subject to employer matching

4.0

%

 

4.0

%

Employee contributions

$

787

$

570

Employer match

$

139

$

113

Discretionary contributions

$

$

Schedule of non-qualified deferred compensation plan information

Year Ended

(dollars in thousands)

January 3, 2021

December 29, 2019

Employer contribution rate, percent of employee contributions

25.0

%

 

25.0

%

Employee contribution rate, maximum percentage of employee earnings subject to employer matching

4.0

%

 

4.0

%

Declared interest rate

6.0

%

 

6.0

%

Employee contributions

$

53

$

47

Employer match and interest

$

23

$

6

Distributions

$

29

$

32