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Employee Benefit Plans
12 Months Ended
Dec. 29, 2019
Postemployment Benefits [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
401(k) Plan
The Company maintains a defined contribution 401(k) plan that covers substantially all U.S. employees. Participants are generally allowed to make non-forfeitable contributions up to the annual IRS limits. The Company matches 100 percent of the amounts contributed by each individual participant up to 4 percent of the participant's compensation. Participants are 100 percent vested immediately in the Company's contributions. The Company's defined contribution 401(k) plan has been effective since June 2019. Prior to that, the eligible employees of the Company participated in KAR's 401(k) plan which also matched 100 percent of the amounts contributed by each individual participant up to 4 percent of the participant's compensation. For the years ended December 29, 2019, December 30, 2018, and December 31, 2017, the Company and KAR contributed $4.5 million, $4.3 million and $3.7 million, respectively, to the 401(k) Plan.