FYI they changed it to 50% max a few years ago, but otherwise yes.
I had a few friends who went 100% stock (which meant that they technically qualified for food stamps and medicare since it was pretax dollars) and some went 70%.
Reed has always been on a different plan than everyone else, so that doesn’t mean much either way, but it’s quite possible they changed it back. I haven’t checked in with my friends in a while.