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EMPLOYEE BENEFIT PLANS
12 Months Ended
Dec. 30, 2023
EMPLOYEE BENEFIT PLANS  
EMPLOYEE BENEFIT PLANS

NOTE 9 – EMPLOYEE BENEFIT PLANS

 

ENGlobal sponsors a 401(k) plan for its employees. The Company, at the direction of its Board of Directors, may make discretionary contributions. Our employees may elect to make contributions pursuant to a salary reduction agreement upon meeting age and length-of-service requirements. The Company matching contribution for the year ended December 30, 2023 was $0.3 million compared to $0.2 million in the year ended December 31, 2022.