Retirement Plan

12 Months Ended

Dec. 31, 2021

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, resulted in a credit of $(10,295) for the year ended December 31, 2021 as reductions in headcount reduced the Plan contribution and $17,746 for 2020 were recorded as compensation and related costs in the Statement of Operations.