Annual report pursuant to Section 13 and 15(d)

Retirement Plan

v2.4.1.9
Retirement Plan
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Retirement Plan

11. Retirement Plan

In January 2004, the Company established a defined contribution Simple Individual Retirement Arrangement (IRA) plan, replacing the previous plan that had been established in 2001. The new plan covers all employees and provides for a Company match of up to 3% of all employee compensation to the plan. Total matching contributions made by the Company for the years ended December 31, 2014 and 2013 were $34,488 and $27,747, respectively.