401(k) Profit Sharing Pension Plan Sample Clauses


401(k) Profit Sharing Pension Plan. The 401(k) Profit Sharing Pension Plan, which covers substantially all employees, is contributory, with discretionary matching contributions to be determined by the Company. The Company matched up to a maximum of 4.5% of the employee deferral for 2005 and 2004, which amount approximated $146,000 and $122,000 for 2005 and 2004, respectively.