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Defined Contribution Plan
12 Months Ended
Jan. 03, 2016
Postemployment Benefits [Abstract]  
Defined Contribution Plan

15. Defined Contribution Plan

The Company maintains the Sprouts Farmers Market, Inc. Employee 401(k) Savings Plan (the “Plan”), which is a defined contribution plan covering all eligible team members. Under the provisions of the Plan, participants may direct the Company to defer a portion of their compensation to the Plan, subject to the Internal Revenue Code limitations. The Company provides for an employer matching contribution equal to 50% of each dollar contributed by the participants up to 6% of their eligible compensation.

Total expense recorded for the matching under the Plan:

 

Year Ended

January 3,

2016

 

 

December 28,

2014

 

December 29,

2013

$

2,656

 

 

$1,980

 

$1,583