TEAM MEMBER BENEFIT PLAN

9 Months Ended

Sep. 27, 2020

Retirement Benefits [Abstract]

Team Member Benefit Plan

TEAM MEMBER BENEFIT PLAN

The Company provides a defined contribution plan (the “401(k) Plan”) for the benefit of its eligible team members and field talent. The 401(k) Plan allows participants to make contributions subject to applicable statutory limitations. The Company matches participants contributions 100% up to the first 3% and 50% of the next 2% of a team member or field talent’s compensation. The Company contributed $0.3 million and $0.3 million to the 401(k) Plan for the thirteen week periods ended September 27, 2020 and September 29, 2019. The Company contributed $1.0 million and $0.9 million to the 401(k) Plan for the thirty-nine week periods ended September 27, 2020 and September 29, 2019.