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RETIREMENT PLANS | 6 Months Ended
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Jun. 30, 2022
Retirement Benefits [Abstract] |
RETIREMENT PLANS | RETIREMENT PLANS Defined Contribution Plan The Company has a 401(k) profit sharing plan for all full-time employees who have attained the age of 21 and completed 90 days of service. The Company matches 100% of the first 1% and then 50% of the next 5% of employee contributions. Retirement plan expense for the three months ended June 30, 2022 and 2021 was approximately $409 and $231, respectively. Retirement plan expense for the six months ended June 30, 2022 and 2021 was approximately $837 and $534, respectively. Deferred Compensation Plan The Company had a self-administered deferred compensation plan that accrues a liability for the benefit of certain employees equal to 0.25% of the year-over-year change in Earnings Before Interest Depreciation “EBITDA” that began in 2014. The Company made an initial contribution of $150 with additional contributions of $0 for the six months ended June 30, 2022 and 2021. The total liability was $242 at June 30, 2022 and December 31, 2021 and was recorded in liabilities on the consolidated balance sheet. Contributions to the Plan vest over a seven year period according to the following vesting schedule: Year 1 – 0.0%, Year 2 – 5.0%, Year 3 – 15.0%, Year 4 – 20.0%, Year 5 – 30.0%, Year 6 – 50.0%, Year 7 – 100%. Since plan inception $1,413 has vested

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