Annual report pursuant to Section 13 and 15(d)

Note 5 - Employee Benefit Plan

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Note 5 - Employee Benefit Plan
 12 Months Ended
Sep. 30, 2021
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 $914,942 and $838,946 for the years ended September 30, 2021 and 2020, respectively.