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Employee Retirement Plan
12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Employee Retirement Plan

18. Employee Retirement Plan

 

In 2018 the Company established a 401(k) plan that qualifies as a deferred compensation arrangement under Section 401 of the IRS Code. All eligible employees over the age of 18 and with 4 months’ service are eligible to participate in the plan. The plan provides for Company matching of employee contributions up to 5% of eligible earnings. Company contributions immediately vest. The Company matching contribution expense was $2.3 million and $1.3 million for the years ended December 31, 2020 and 2019, respectively.