Note 16 - Retirement Savings Plans

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Retirement Benefits [Text Block]

NOTE

16

– RETIREMENT SAVINGS PLANS

The Company has a pre-tax salary reduction/profit-sharing plan under the provisions of Section

401

(k) of the Internal Revenue Code, which covers employees meeting certain eligibility requirements. During

2019

and

2018,

the Company matched

100%

of the employee's contribution up to

4.0%

of their earnings. The employer contribution was

$119,555

and

$110,714

in

2020

and

2019,

respectively. There were

no

discretionary contributions to the plan in

2020

and

2019.