Annual report pursuant to Section 13 and 15(d)

Defined Contribution Pension Plan and Post-employment Benefit Plan

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Defined Contribution Pension Plan and Post-employment Benefit Plan
 12 Months Ended
Jan. 03, 2021
Compensation And Retirement Disclosure [Abstract]  
Defined Contribution Pension Plan and Post-employment Benefit Plan

13.

Defined contribution pension plan and post-employment benefit plan

The Company has a 401K plan which is accounted for as a defined contribution plan for certain U.S. employees, whereby the Company matches a portion of employee contributions. Company contributions to the

401K plan were $545, $469 and $139 for the years ended January 3, 2021, December 29, 2019 and December 30, 2018, respectively.  

The Company has certain post-employment benefits related to employees in its Mexico, Chihuahua facility. These benefit plans are only available to local employees and are generally government mandated. The liability related to the unfunded benefit obligations was $608 and $458 as at January 3, 2021 and December 29, 2019 respectively, which was classified within accrued liabilities in the consolidated balance sheet.