401(K) Profit Sharing Plan

12 Months Ended

Jul. 02, 2022

Retirement Benefits [Abstract]

401(K) Profit Sharing Plan

9. 401(K) PROFIT SHARING PLAN

We have a 401(k) profit sharing plan for the benefit of our full‑time employees who become eligible after one month of service, and for our part-time employees who become eligible after both 12 months of service and a minimum of 1,000 hours worked. Under the plan, eligible employees may request us to deduct and contribute from 1% to 75% of their salary to the plan, subject to Internal Revenue Service Regulations. We match each participant’s contribution up to 4% of participant’s compensation. We expensed contributions of $1.4 million for three consecutive fiscal years ended July 2, 2022, June 30, 2021, and 2020, respectively.