Annual report pursuant to Section 13 and 15(d)

Defined Contribution Plans

v3.3.1.900
Defined Contribution Plans
12 Months Ended
Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]  
Defined Contribution Plans

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 2015, 2014 and 2013 were $134,000, $101,000 and $100,000, respectively.