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Employee benefit plan
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Employee benefit plan
Note 19 - Employee benefit plan
Effective January 1, 2021, Legacy UHG sponsored an elective safe harbor 401(k) contribution plan covering substantially all employees who have completed three consecutive months of service. The plan provides that the Company will match up to the first 3% of the participant’s base salary rate at 100% and 50% of the next 2% for a maximum contribution of 4%. In addition, participants become 100% vested with respect to employer contributions after completing six years of service starting in 2021. Administrative costs for the plan were paid by the Company.
Total employer contributions paid to the plans for the years ended December 31, 2024 and 2023 were approximately $329,463 and $241,466, respectively. These amounts are recorded in Selling, general and administrative expenses on the Consolidated Statements of Operations.