XML 44 R29.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Benefit Plans
12 Months Ended
Dec. 31, 2020
Employee Benefit Plans [Abstract]  
Employee Benefit Plans 19. EMPLOYEE BENEFIT PLANS

The company offers eligible employees a comprehensive employee benefits plan that includes health, dental, vision, life and accidental death, short-term disability and long-term disability insurance, and flexible spending accounts. The company also offers a 401(k) plan enabling eligible employees to save for retirement on a tax-deferred basis up to the limits allowed under the Internal Revenue Code and matches up to 4% of eligible employee contributions. Employee and employer contributions are 100% vested immediately. Employer contributions to the 401(k) plan for the years ended December 31, 2020, 2019 and 2018 were $1.5 million, $1.6 million and $2.0 million, respectively.

The company contributes to a defined benefit pension plan. Since January of 2009, the benefits under the plan were frozen; however, the company remains obligated to ensure the plan is funded according to its requirements. As of December 31, 2020, the plan’s assets were $5.6 million and liabilities were $6.8 million. At December 31, 2020 and 2019, net liabilities of $1.2 million were included in other liabilities on the consolidated balance sheets, respectively.