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Employee Benefit Plans
12 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Employee Benefit Plans
Note 21 - Employee Benefit Plans

We sponsor a defined contribution 401(k) plan, under which our employees elect to withhold specified amounts from their wages to contribute to the plan and we have a fiduciary responsibility with respect to the plan. The plan provides for matching a portion of employees’ contributions at management’s discretion. We made matching contributions of approximately $2.4 million, $1.7 million, and $1.5 million to the 401(k) plan for the years ended September 30, 2024, 2023 and 2022, respectively.

Additionally, we have a legacy deferred compensation plan into which certain members of management were eligible to defer a maximum of 75% of their regular compensation and a maximum of 100% of their incentive compensation. No new members have been added to the deferred compensation plan in the past three years. We are not obligated to fund the deferred compensation plan; however, we have purchased life insurance policies on the participants in order to fund the related benefits and such policies have been placed into a rabbi trust. Our obligations under the deferred compensation plan totaled $2.4 million and $2.2 million as of September 30, 2024 and 2023, respectively, and are included in “Other liabilities” while the cash surrender value of the life insurance policies totaled $3.3 million and $2.8 million as of September 30, 2024 and 2023, respectively, and are included in “Other assets” on our consolidated balance sheets.