Retirement plans |
12 Months Ended |
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Dec. 31, 2020 | |
Retirement Benefits [Abstract] | |
Retirement plans | Retirement plansWe have a defined contribution retirement plan (the “Plan”), which qualifies under Section 401(k) of the Internal Revenue Code (IRC). Under the Plan, employees meeting certain requirements may elect to contribute a percentage of their salary up to the maximum allowed by the IRC. We matched a variable amount based on participant contributions up to a maximum of 4.5% of each participant’s salary. In May 2020, we discontinued the matching of employee contributions for those employees not covered under a collective bargaining agreement. We contributed approximately $124,507 and $265,280 in matching contributions to the Plan in 2020 and 2019, respectively. |
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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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