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Commitments and Contingencies:
12 Months Ended
Dec. 28, 2019
Commitments and Contingencies:  
Commitments and Contingencies:

12.     Commitments and Contingencies:

 

Employee Benefit Plan

 

The Company provides a 401(k) Savings Incentive Plan which covers substantially all employees.  The plan provides for matching contributions and optional profit-sharing contributions at the discretion of the Board of Directors.  Employee contributions are fully vested; matching and profit sharing contributions are subject to a five-year service vesting schedule.  Company contributions to the plan for 2019, 2018 and 2017 were $343,500,  $361,400 and $319,700, respectively.

 

Litigation

 

The Company is exposed to a number of asserted and unasserted legal claims encountered in the normal course of business.  Management believes that the ultimate resolution of these matters will not have a material adverse effect on the consolidated financial position or results of operations of the Company.