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Retirement Plans
12 Months Ended
Apr. 03, 2021
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans

14.

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 $2.6 million, $2.4 million, and $0.6 million related to this plan during fiscal 2021, 2020, and 2019, respectively.

 

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 $0.5 million in fiscal 2021 and $0.6 million in both fiscal 2020 and 2019.