Note 4 - Retirement Plan

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

4. RETIREMENT PLAN

The Company has established a salary deferral plan under Section 

401

(k) of the Internal Revenue Code.  Such deferrals accumulate on a tax-deferred basis until the employee withdraws the funds.  The Company contributes up to

5%

of each eligible employee’s compensation.  Total retirement expense for the years ended

December 

31,

2019

 and

2018

 was approximately

$241,000

and

$239,000,

respectively.