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Retirement Benefit Plans | 12 Months Ended
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Dec. 26, 2020
Retirement Benefits [Abstract] |
Retirement Benefit Plans | Retirement Benefit Plans: The Company has a defined contribution benefit plan, the Tractor Supply Company 401(k) Retirement Savings Plan (the “401(k) Plan”), which provides retirement benefits for eligible employees. The Company matches (in cash) 100% of the employee’s elective contributions up to 3% of eligible compensation plus 50% of the employee’s elective contributions from 3% to 6% of eligible compensation. In no event shall the total Company match made on behalf of the employee exceed 4.5% of the employee’s eligible compensation. All current contributions are immediately vested. Company contributions to the 401(k) Plan were approximately $12.9 million, $9.8 million, and $8.5 million during fiscal 2020, 2019, and 2018, respectively. The Company offers, through a deferred compensation program, the opportunity for certain qualifying employees to elect to defer a portion of their annual base salary and/or their annual incentive bonus. Under the deferred compensation program, a percentage of the participants’ salary deferral is matched by the Company, limited to a maximum annual matching contribution of $4,500. The Company’s contributions, including accrued interest, were $0.6 million, $0.7 million, and $0.6 million during fiscal 2020, 2019, and 2018, respectively.

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