Note 5 - Employee Benefit Plan

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

5.

Employee Benefit Plan

Employee

401

(k) Plan

We have a plan known as the Intrusion Inc.

401

(k) Savings Plan (the “Plan”) to provide retirement and incidental benefits for our employees. The Plan covers substantially all employees who meet minimum age and service requirements. As allowed under Section 

401

(k) of the Internal Revenue Code, the Plan provides tax deferred salary deductions for eligible employees.

Employees

may

contribute from

1%

to

25%

of their annual compensation to the Plan, limited to a maximum amount as set by the Internal Revenue Service. Participants who are over the age of

50

may

contribute an additional amount of their salary per year, as defined annually by the Internal Revenue Service. We match employee contributions at the rate of

$0.25

per each

$1.00

of contribution on the

first

4%

of compensation. Matching contributions to the Plan were approximately

$30,000

and

$30,000,

respectively, for the years ended

December 

31,

2018

and

2017.