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EMPLOYEE BENEFIT PLAN | 12 Months Ended
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Dec. 31, 2024
EMPLOYEE BENEFIT PLAN |
EMPLOYEE BENEFIT PLAN | 19.EMPLOYEE BENEFIT PLAN Employees of the Company may participate in the Monster Beverage Corporation 401(k) Plan, a defined contribution plan, which qualifies under Section 401(k) of the Internal Revenue Code. Participating employees may contribute into a traditional plan with pretax salary or into a Roth plan with after tax salary up to statutory limits. The Company contributes 50% of the employee contribution, up to 8% of each employee’s earnings, which vest over four years (2 years of service = 50%, 3 years of service = 75%, 4 years of service = 100%). Matching contributions were $10.4 million, $8.5 million and $6.9 million for the years ended December 31, 2024, 2023 and 2022, respectively.

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