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Retirement Plans
12 Months Ended
Mar. 28, 2020
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans

15.

Retirement Plans

 

The Company’s U.S. subsidiary sponsors a defined contribution savings plan covering most U.S. employees. Full-time employees covered by the plan are eligible to participate. Participating employees may contribute from 1% to 25% of their compensation to the plan, with the Company matching 50% of the first 6% of pay contributed. The Company match vests after three years of employment or immediately for employees age 50 and over. The Company recognized expense of $2.4 million and $0.6 million related to this plan during fiscal 2020 and 2019, respectively.  The Company made no matching contributions to this plan in fiscal 2018.

 

 

Full-time employees of the Company’s subsidiaries in Canada are generally covered by employer-sponsored defined contribution plans that require employee contributions and employer matching contributions. The Company recognized expense of $0.6 million in each of fiscal 2020, 2019, and 2018.