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Retirement Plan
12 Months Ended
Apr. 30, 2019
Retirement Plan  
Retirement Plan

8. Retirement Plan

The Company maintains a 401(k) defined contribution retirement plan for its employees. Participants are allowed to choose from a selection of mutual funds in order to designate how both employer and employee contributions are invested. Under the plan, the Company matches 50% of each employee’s contributions on the first 4% of the employee’s compensation contributed. The Company contributed $4.7 million,  $4.3 million and $3.7 million, during the years ended April 30, 2019, 2018 and 2017, respectively.