Annual report pursuant to Section 13 and 15(d)

OTHER EMPLOYEE BENEFITS

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OTHER EMPLOYEE BENEFITS
12 Months Ended
Dec. 31, 2020
OTHER EMPLOYEE BENEFITS  
15. OTHER EMPLOYEE BENEFITS

15. OTHER EMPLOYEE BENEFITS

 

The Company sponsors a 401(k) savings plan. Under the plan, employees may make contributions which are eligible for a Company discretionary percentage contribution as defined in the plan and determined by the Board of Directors. The Company recognized $0.9 million and $0.7 million of related compensation expense for the years ended December 31, 2020 and 2019, respectively.