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Retirement Plan
12 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Retirement Plan

13. Retirement Plan

 

The Company has a participatory deferred compensation plan under which it matches employee contributions up to 3% of an eligible employee’s yearly compensation.  Employees are eligible to participate in the plan after one year of service.  The Company contributed approximately $27,900 and $21,900 to the plan during fiscal 2016 and fiscal 2015, respectively.  The plan is qualified under Section 401(k) of the Internal Revenue Code.