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Retirement Benefit Plan
12 Months Ended
Dec. 31, 2023
Retirement Benefit Plan  
Retirement Benefit Plan

20. Retirement Benefit Plan

Our 401(k) retirement plan provides for optional employee contributions up to the applicable IRS annual limit and discretionary employer matching contributions. We make discretionary matching contributions to each participant’s account at a rate of 100% of each participant’s contributions up to 5% of eligible compensation. We recorded matching contributions of $5.2 million, $4.9 million and $4.4 million during the years ended December 31, 2023, 2022 and 2021, respectively.