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Defined Contribution Employee Benefit Plan
12 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Defined Contribution Employee Benefit Plan

7.  Defined Contribution Employee Benefit Plan

 

We have adopted a 401(k) Profit Sharing Plan which covers all full-time employees who have completed at least three months of full-time continuous service and are age eighteen or older. Participants may defer up to 20% of their gross pay up to a maximum limit determined by law. Participants are immediately vested in their contributions. We may make discretionary contributions based on corporate financial results for the fiscal year. To date, we have not made contributions to the 401(k) Profit Sharing Plan. Vesting in a contribution account (our contribution) is based on years of service, with a participant fully vested after five years of credited service.