Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v3.20.4
Employee Benefit Plan
 12 Months Ended
Dec. 31, 2020
Employee Benefit Plan  
Employee Benefit Plan

15. 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 each of the years ended December 31, 2020 and 2019, the Company provided matching contributions of $0.2 million.