Employees' IRA Plans

12 Months Ended

Dec. 31, 2021

Employees' IRA Plans [Abstract]

Employees' IRA Plans

Note J - Employees’ IRA Plans

The Company has established a Company IRA covering all employees. The plan allows participants to make pre-tax contributions and the Company may, at its discretion, match certain percentages of the employee contribution. Amounts contributed to the plan are deposited into a trust fund administered by independent trustees. The Company made a discretionary matching IRA contribution of $14,000 for the year ended December 31, 2020. No such match was made for the year ended December 31, 2021.