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Retirement Benefit Plans
12 Months Ended
Jan. 30, 2021
Postemployment Benefits [Abstract]  
Retirement Benefit Plans

Note 7 — Retirement Benefit Plans

401(k) savings plan — The Company maintains a defined contribution 401(k) employee benefit plan, which provides retirement benefits for eligible employees. The Company matches 100% of the employee’s elective contributions up to 4% of eligible compensation.   The Company’s matching contributions were approximately $860,000, $989,000 and $904,000 in fiscal 2020, 2019 and 2018, respectively. The Company has the option to make additional contributions to the 401(k) employee benefit plan on behalf of covered employees; however, no such contributions were made in fiscal 2020, 2019 or 2018.

Deferred compensation plan — The Board of Directors approved the termination of the Deferred Compensation Plan effective September 6, 2019, and all remaining balances in the Deferred Compensation Plan were paid out during fiscal 2020. Deferred Compensation Plan assets and liabilities were zero and $1.9 million as of January 30, 2021 and February 1, 2020, respectively, and were recorded in other assets and other liabilities in the consolidated balance sheets. The Company had no matching contributions to this Plan in fiscal 2020, 2019 and 2018.