Annual report pursuant to Section 13 and 15(d)

Defined Contribution Plan

v3.22.0.1
Defined Contribution Plan
12 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Defined Contribution Plan
32. Defined Contribution Plan
The Company sponsors a qualified defined contribution plan and matches certain employee contributions on a discretionary basis. The Company’s expenses for matching contributions to the
defined contribution plan
were $9.2 million for the Successor period from April 1, 2021 to December 31, 2021, and $4.1 million for the Predecessor period from January 1, 2021 to March 31, 2021. Matching contributions expenses to the
defined contribution plan
for the Predecessor were $10.3 million and $7.0 million for the years ended December 31, 2020 and 2019, respectively. These expenses are included in salaries, benefits and related expenses in the Consolidated Statements of Operations.