Annual report pursuant to Section 13 and 15(d)

Other Employee Benefit Plans

v2.4.1.9
Other Employee Benefit Plans
12 Months Ended
Dec. 27, 2014
Compensation and Retirement Disclosure [Abstract]  
Other Employee Benefit Plans
Other Employee Benefit Plans
The Company has a retirement savings plan, commonly known as a 401(k) plan, that allows participating employees in the United States to contribute up to 100% of their pre-tax salary subject to Internal Revenue Service limits. The Company matched 75% of employees' contributions up to 6% of their compensation, to a maximum match of $11,700, $11,475 and $11,250 for 2014, 2013 and 2012, respectively, which is 4.5% (75% of the 6%) of the Internal Revenue Service compensation limit. The Company’s contributions to the 401(k) plan for 2014, 2013 and 2012 were approximately $18 million, $19 million and $22 million, respectively.