13. Employee Benefit Plan
The Company has a 401(K) Savings Plan pursuant to Section 401 of the Internal Revenue Code whereby all eligible associates may contribute up to 25% of their annual base salaries subject to certain limitations. The Company’s contribution is based on a percentage formula set forth in the plan agreement. Company contributions to the 401(K) Savings Plan were $4,085 in fiscal 2012, $3,238 in the Successor period, $320 in the Predecessor period and $3,352 in fiscal 2010.