Annual report pursuant to Section 13 and 15(d)

Note F - Employee Benefit Plan

v3.8.0.1
Note F - Employee Benefit Plan
12 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
NOTE F – 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. For the year ended
September 30, 2014
and through
December 31, 2014,
the Company matched
100%
of the
first
3%
and
50%
of the next
2%
of the participant’s eligible compensation that was contributed by the participant. Effective
January 1, 2015,
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
$652,615,
$520,530
and
$460,868
for the years ended
September 30, 2017,
2016,
and
2015,
respectively
.