Note 7 – Defined Contribution Plans

We maintain the ProPhase Labs, Inc. 401(k) Savings and Retirement Plan, a defined contribution plan for our employees. Our contributions to the plan are based on the amount of the employee plan contributions and compensation. Our contributions to the plan in Fiscal 2018 and 2017 were $90,000 and $120,000, respectively. For Fiscal 2018 and 2017, we charged (i) to continuing operations $90,000 and $104,000, respectively and (ii) to discontinued operations $0 and $16,000, respectively, for our plan contribution.