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.
|