17. DEFINED CONTRIBUTION AND DEFERRED COMPENSATION PLANS

SAMG LLC has a defined contribution 401(k) savings plan (the “Plan”) for all eligible employees who meet the minimum age and service requirements as defined in the Plan. The Plan is designed to be a qualified plan under sections 401(a) and 401(k) of the Internal Revenue Code. For employees who qualify under the terms of the Plan, on an annual basis Silvercrest matches dollar for dollar an employee’s contributions up to the first 4% of compensation. For the three months ended September 30, 2016 and 2015, Silvercrest made matching contributions of $27 and $19, respectively, for the benefit of employees.  For the nine months ended September 30, 2016 and 2015, Silvercrest made matching contributions of $71 and $54, respectively, for the benefit of employees.