Defined Contribution Plan

12 Months Ended

Dec. 29, 2014

Defined Contribution Plan [Abstract]

Defined Contribution Plan

11. Defined Contribution Plan

We have a 401(k) Plan (the “Plan”) for all qualified employees. In fiscal 2014, as part of various cost containment initiatives, the Company suspended the employer matching contribution to the Plan. In fiscal 2013 and 2012 the Plan provided for a matching employer contribution of 50% up to the first 4% of the employees’ deferred savings. The employer contributions made during the employee’s first year of employment vest upon the completion of one year of employment. Employer contributions made subsequent to the first year of employment vest immediately. The deferred amount cannot exceed 20% of an individual participant’s compensation in any calendar year. Our contributions to the Plan were approximately $.1 million in each of the fiscal years 2013 and 2012.