BENEFIT PLANS

12 Months Ended

Dec. 31, 2023

BENEFIT PLANS

BENEFIT PLANS

NOTE 8. BENEFIT PLANS

Effective November 1, 1995, the Company adopted a savings plan, which qualifies under Section 401(k) of the Internal Revenue Code. Under the plan, participating employees may defer up to 100% of their pre-tax compensation, but not more than the statutory limits. The Company’s matching contributions were approximately $860 thousand, $770 thousand, and $611 thousand for years ended December 31, 2023, 2022 and 2021, respectively.