Retirement and Post-Employment Retirement Plans

12 Months Ended

Dec. 31, 2021

Retirement and Post-Employment Retirement Plans

Retirement and Post-Employment Retirement Plans

15. Retirement and Post-Employment Retirement Plans

For employees meeting certain eligibility requirements, the Company provides a defined contribution retirement plan under IRC Section 401(k). Under a safe-harbor plan, the Company contributes 3% of each participant’s gross wages regardless of the employee’s contribution. For the years ended December 31, 2021, 2020 and 2019 the Company’s contributions to the plan were $0.7 million, $0.3 million and $0.3 million, respectively.