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RETIREMENT SAVINGS PLAN | 12 Months Ended
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Dec. 31, 2016
RETIREMENT SAVINGS PLAN |
RETIREMENT SAVINGS PLAN | NOTE 8-RETIREMENT SAVINGS PLAN We have a qualified retirement plan under the provisions of Section 401(k) of the Internal Revenue Code covering all U.S. employees. Participants in this plan may contribute between 1% and 60% of their eligible pay on a pretax basis, up to the annual Internal Revenue Service dollar limits. The Company will make matching contributions in an amount equal to 50% of the participant’s deferral contributions, not to exceed $500. All contributions, including the Company match, are vested immediately. Our matching contributions to the plan were $5 thousand and $4 thousand in 2016 and 2015, respectively.

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