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Compensation and Benefits
 12 Months Ended
Mar. 31, 2021
Compensation Related Costs [Abstract]  
Compensation and Benefits Compensation and Benefits
The Company has recorded the following amounts related to compensation and benefits:
Year Ended March 31,
202120202019
Base compensation and benefits$116,371 $85,763 $79,728 
Incentive fee compensation12,869 7,192 7,785 
Equity-based compensation7,079 7,183 6,382 
Contingent compensation related to acquisition— — 5,100 
Total compensation and benefits$136,319 $100,138 $98,995 
The Company provides defined contribution plans covering U.S., United Kingdom and Hong Kong employees subject to minimum age and service guidelines. Eligible employees may contribute a percentage of their annual compensation subject to statutory guidelines.

The Company makes discretionary and/or matching contributions to the plans, which amounted to $1,906, $1,561, and $1,507 for the years ended March 31, 2021, 2020 and 2019, respectively, and is included in compensation and benefits expense in the Consolidated Statements of Income.