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Employee Benefits
6 Months Ended
Jun. 30, 2023
Employee Benefits [Abstract]  
EMPLOYEE BENEFITS

19. EMPLOYEE BENEFITS

 

We have a 401(k) savings plan (the Plan) in which all employees completing one month of service with the Company are eligible to participate. Participants may contribute up to the maximum amount allowed by the Internal Revenue Service. We currently match 100% of the first 3% of each employee’s salary that is contributed to the Plan and 50% of the next 2% of each employee’s salary that is contributed to the Plan. Under this matching plan, we paid $40,630 and $37,979 into the Plan for the three-month periods ended June 30, 2023 and 2022, respectively, and paid $85,572 and $79,843 into the Plan for the six-month periods ended June 30, 2023 and 2022, respectively.