v3.25.1
Employee Benefit Plans
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Defined Contribution Plan
The Company maintains defined contribution retirement plans that cover its eligible employees. The Company incurred total
costs related to the retirement plans of $14.6 million and $13.2 million for the three months ended March 31, 2025 and 2024,
respectively.
Employee Health Plan
The Company maintains a self-insured medical and dental plan for substantially all of its employees. Amounts are accrued
under the Company’s medical and dental plans as the claims that give rise to them occur, and the Company includes a
provision for incurred but not reported claims. Incurred but not reported claims are estimated based on an average lag time
and experience. Accruals are based on the estimated ultimate cost of settlement, including claim settlement expenses.
The total costs of employee health coverage were $44.5 million and $43.8 million for the three months ended March 31, 2025
and 2024, respectively.