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SAVINGS PLAN
12 Months Ended
Dec. 31, 2017
SAVINGS PLAN  
SAVINGS PLAN

17 - SAVINGS PLAN

 

In August 2005, the Company established a 401(k) plan that is available to full-time employees who meet the plan’s eligibility requirements.  This 401(k) plan is a defined contribution plan, which permits employees to make contributions up to maximum percentage and dollar limits allowable by IRS Code Sections 401(k), 402(g), 404 and 415 with the Company matching $1.17 for each dollar contributed up to the first six percent of each employee’s salary.  The matching contribution vests immediately.  For the years ended December 31, 2017, 2016 and 2015, the Company’s matching contributions to this plan were $385, $336 and $305, respectively.