Retirement Plan

12 Months Ended

Dec. 31, 2020

Retirement Plan [Abstract]

Retirement Plan

F. Retirement Plan

The Company participates in Associated Capital’s incentive savings plan (the “Plan”), covering substantially all employees. Company contributions to the Plan are determined annually by management of the Company and AC’s Board of Directors but may not exceed the amount permitted as a deductible expense under the Internal Revenue Code.  Amounts expensed for allocated contributions to this Plan amounted to approximately $17,746 and $17,746 in 2020 and 2019, respectively, and are recorded as compensation and related costs in the Consolidated Statements of Operations.