Note 13 - Defined Contribution Pension Plan and Post-employment Benefit Plan
|12 Months Ended|
Dec. 29, 2019
|Notes to Financial Statements|
|Pension and Other Postretirement Benefits Disclosure [Text Block]||
The Company has a
401Kplan 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
$125for the years ended
December 29, 2019,
December 30, 2018and
December 31, 2017,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
December 29, 2019and
December 30, 2018respectively, which was classified within accrued liabilities in the consolidated balance sheet.
The entire disclosure for pension and other postretirement benefits.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef