Telkonet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- A. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

O. EMPLOYEE BENEFIT PLAN

O. EMPLOYEE BENEFIT PLAN	12 Months Ended
Dec. 31, 2019
Disclosure Text Block Supplement [Abstract]
EMPLOYEE BENEFIT PLAN	NOTE O – EMPLOYEE BENEFIT PLAN The Company has an employee savings plan covering substantially all employees who are at least 21 years of age and have completed at least 3 months of service. The plan provides for matching contributions equal to 100% of each dollar contributed by the employee up to 4% of the employee’s salary. The Company’s matching contributions vest immediately. The Company may also elect to make discretionary contributions. The Company made contributions to the plan of approximately $126,000 and $116,000 for the years ended December 31, 2019 and 2018, respectively.

O. EMPLOYEE BENEFIT PLAN

12 Months Ended

Dec. 31, 2019

Disclosure Text Block Supplement [Abstract]

EMPLOYEE BENEFIT PLAN

NOTE O – EMPLOYEE BENEFIT PLAN

The Company has an employee savings plan covering substantially all employees who are at least 21 years of age and have completed at least 3 months of service. The plan provides for matching contributions equal to 100% of each dollar contributed by the employee up to 4% of the employee’s salary. The Company’s matching contributions vest immediately. The Company may also elect to make discretionary contributions. The Company made contributions to the plan of approximately $126,000 and $116,000 for the years ended December 31, 2019 and 2018, respectively.