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EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jul. 02, 2022
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS

NOTE 7 — EMPLOYEE BENEFIT PLANS

The Company sponsors a 401(k) plan that covers substantially all employees. The Company matches a certain portion of employee contributions using the safe harbor guidelines contained in the Internal Revenue Code. Expenses related to these matching contributions totaled $0.9 million and $2.3 million for the three and six months ended July 2, 2022, respectively, and $0.9 million and $2.2 million for the three and six months ended July 3, 2021, respectively. The Company plans to contribute approximately $2.0 million to the plan in matching employee contributions during the remainder of 2022.

In addition, the Company provided supplemental discretionary contributions to the 401(k) plan totaling $1.5 million and $3.9 million for the three and six months ended July 2, 2022, respectively, and $1.6 million and $4.0 million for the three and six months ended July 3, 2021, respectively. The Company plans to contribute approximately $3.0 million in supplemental contributions to the plan during the remainder of 2022.