Annual report pursuant to Section 13 and 15(d)

Note 5 - Employee Benefit Plan

v3.20.2
Note 5 - Employee Benefit Plan
 12 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Retirement Benefits [Text Block]
NOTE
5
– EMPLOYEE BENEFIT PLAN
 
The Company maintains a contributory
401
(k) profit sharing benefit plan, whereby eligible employees
may
contribute a portion of their earnings,
not
to exceed annual amounts allowed under the Internal Revenue Code. The Company matched
100%
of the
first
3%
and
50%
of the next
3%
of the participant's eligible compensation that was contributed by the participant. The Company's contributions under this plan were
$838,946
and
$702,202
for the years ended
September 30, 2020
and
2019,
respectively
.