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BENEFIT PLAN	6 Months Ended
Jun. 30, 2023
Benefit Plan
BENEFIT PLAN	NOTE 12 – BENEFIT PLAN Titan offers a 401(k) plan. Employees are eligible to participate in the plan on the first day of the month following the date of hire. Employees may defer up to $22,500 per year. Titan is required to contribute on behalf of each eligible participating employee. Titan will match 50% of the participants deferral not to exceed 3% of employee compensation. Employees will share in the matching contribution regardless of the amount of service completed during the plan year. Employees will become 100% vested in the employer matching contributions after one year of service. Employer contributions for the three and six months ended June 30, 2023 were $2,967 and $5,825, respectively, and $2,875 and $5,398, respectively for the three and six months ended June 30, 2022.

BENEFIT PLAN

6 Months Ended

Jun. 30, 2023

NOTE 12 – BENEFIT PLAN

Titan offers a 401(k) plan. Employees are eligible to participate in the plan on the first day of the month following the date of hire. Employees may defer up to $22,500 per year. Titan is required to contribute on behalf of each eligible participating employee. Titan will match 50% of the participants deferral not to exceed 3% of employee compensation. Employees will share in the matching contribution regardless of the amount of service completed during the plan year. Employees will become 100% vested in the employer matching contributions after one year of service.

Employer contributions for the three and six months ended June 30, 2023 were $2,967 and $5,825, respectively, and $2,875 and $5,398, respectively for the three and six months ended June 30, 2022.