Annual report pursuant to Section 13 and 15(d)

Defined Contribution Plan

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Defined Contribution Plan
12 Months Ended
Dec. 31, 2019
Defined Contribution Plan  
Defined Contribution Plan

9.  Defined Contribution Plan

 

The Company maintains a defined contribution plan covering substantially all domestic employees. Participating employees may make contributions to the plan, through payroll deductions. Matching contributions are made by the Company equal to 50% of the employee’s contribution to the extent such employee contribution did not exceed 6% of their compensation. During the years ended December 31, 2019 and 2018, the Company expensed approximately $0.3 million, respectively, related to this plan.