Retirement Plans

12 Months Ended

Apr. 02, 2022

Retirement Benefits [Abstract]

Retirement Plans

14.Retirement Plans

The Company’s U.S. subsidiary sponsors a defined contribution savings plan covering most U.S. employees. Full-time employees covered by the plan are eligible to participate. Participating employees may contribute from 1% to 25% of their compensation to the plan, with the Company matching 50% of the first 6% of pay contributed. The Company match vests after three years of employment or immediately for employees age 50 and over. The Company recognized expense of $4.2 million, $2.6 million, and $2.4 million related to this plan during fiscal 2022, 2021, and 2020, respectively.

Full-time employees of the Company’s subsidiaries in Canada are generally covered by employer-sponsored defined contribution plans that require employee contributions and employer matching contributions. The Company recognized expense of $0.7 million, $0.5 million, and $0.6 million in fiscal 2022, 2021, and 2020.