Benefit Plans

12 Months Ended

Dec. 31, 2020

Compensation And Retirement Disclosure [Abstract]

Benefit Plans

Note 7 – Benefit Plans

We have a 401(k) Retirement Savings Plan for the benefit of our eligible employees. Employees covered under a PEO arrangement may participate in the plan at the sole discretion of the PEO client. We make matching contributions to the 401(k) plan under a safe harbor provision. The determination of any discretionary Company contributions to the plan is at the sole discretion of our Board of Directors. No discretionary Company contributions were made to the plan for the years ended December 31, 2020, 2019 and 2018. We made matching contributions of $1.8 million, $1.9 million and $1.6 million in 2020, 2019, and 2018, respectively.

The Company allows certain highly compensated employees of the Company to defer compensation under a nonqualified deferred compensation plan. The long-term portion of the deferred compensation plan liability was $4.9 million and $3.5 million at December 31, 2020 and 2019, respectively, and is recorded in customer deposits and other long-term liabilities on the consolidated balance sheets. The current portion of the deferred compensation plan liability was $0.1 million at December 31, 2020, and is recorded in other accrued liabilities on the consolidated balance sheets. There was no balance in the current portion of the deferred compensation plan liability at December 31, 2019. The fair value of the long-term portion of this plan was $4.9 million and $3.5 million at December 31, 2020 and 2019, respectively, and is recorded in noncurrent restricted cash and investments on the consolidated balance sheets. The fair value of the current portion of this plan was $0.1 million at December 31, 2020, and is recorded in current restricted cash and investments on the consolidated balance sheets. There was no balance in the fair value of the current portion of this plan at December 31, 2019.