Annual report pursuant to Section 13 and 15(d)

Defined Contribution Plans

v3.8.0.1
Defined Contribution Plans
12 Months Ended
Dec. 30, 2017
Retirement Benefits [Abstract]  
Defined Contribution Plans
Defined Contribution 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 per employee match of $12,150, $11,925 and $11,925 for 2017, 2016 and 2015, respectively. The Company’s contributions to the 401(k) plan for 2017, 2016 and 2015 were approximately $18 million, $16 million and $16 million, respectively.