Annual report pursuant to Section 13 and 15(d)

401(k) Savings Plan

v3.22.1
401(k) Savings Plan
12 Months Ended
Jan. 02, 2022
Text Block [Abstract]  
401(k) Savings Plan

Note 11. 401(k) Savings Plan

 

The Company established a defined contribution savings plan under Section 401(k) of the Internal Revenue Code. The plan allows participants to defer a portion of their annual compensation on a pre-tax basis. Additionally, the Company provides a match for employees who contribute. The Company’s matching contributions were $0.5 million and $0.1 million for the fiscal years 2021 and 2020, respectively.