Employee Benefit Plan

6 Months Ended

Jun. 30, 2020

Employee Benefit Plan

Employee Benefit Plan

11. Employee Benefit Plan

We maintain a defined contribution 401(k) plan. The plan covers all full-time U.S. employees over the age of 21. Each employee can contribute up to $19,500 annually (with a $6,500 catch up contribution limit for employees aged 50 or older). Beginning January 2020, we provide matching contributions at 100% of every dollar an employee contributes, up to 3% of eligible compensation with a $2,000 annual maximum match.