Quarterly report pursuant to Section 13 or 15(d)

Defined Contribution Plans

v3.20.2
Defined Contribution Plans
 9 Months Ended
Sep. 30, 2020
Retirement Benefits [Abstract]  
Defined Contribution Plans

Note 5 – 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 the three and nine months ended September 30, 2020 were $19,000 and $52,000, respectively, and for the three and nine months ended September 30, 2019 were $20,000 and $63,000, respectively.