Benefit Plans |
12 Months Ended |
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Dec. 31, 2018 | |
Retirement Benefits [Abstract] | |
Benefit Plans |
NOTE 17. BENEFIT PLANS
Defined Contribution Plan
The Company has a defined contribution plan covering all full-time employees qualified under Section 401(k) of the Internal Revenue Code, in which the Company matches a portion of an employee’s salary deferral. The Company’s contributions to this plan were $78 and $50, for the years ended December 31, 2018 and 2017, respectively.
The Predecessor has a defined contribution plan covering all full-time employees qualified under Section 401(k) of the Internal Revenue Code, in which the Predecessor matches a portion of an employee’s salary deferral. The Company’s contributions to this plan were $721 for the year ended December 31, 2017. The Predecessor instituted a cash balance for its employees in 2016, the cash balance plan expense totaled $808 for the year ended December 31, 2017.
The Company and the Predecessor combined their defined contributions plans as of November 1, 2018. |
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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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