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Employee Retirement Plan
12 Months Ended
Sep. 30, 2020
Employee Retirement Plan  
Employee Retirement Plan

14. Employee Retirement Plan

 

The Company sponsors a Simple IRA plan (the “Plan”), which covers all of the Company’s corporate employees. The Plan allows corporate employees to contribute up to the maximum amount allowed by law, with the Company making a matching contribution of up to 3% of the employee’s salary. Expenses related to matching contributions to the Plan approximated $171,000, $164,000, and $160,000 for the years ended September 30, 2020, 2019, and 2018, respectively.