Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v2.4.1.9
Employee Benefit Plan
12 Months Ended
Dec. 31, 2014
Employee Benefit Plan  
Employee Benefit Plan

 

12. Employee Benefit Plan

        The Company sponsors a 401(k) defined contribution plan for its employees. Employee contributions are voluntary. The Company matches employee contributions in an amount equal to 100% of the first 3% of eligible compensation and 50% of the next 2% of eligible compensation, and such employer contributions are immediately vested. During 2014 and 2013, the Company provided matching contributions of $204,537 and $175,943, respectively.