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11. Pension and Profit-sharing Plans
3 Months Ended
Nov. 30, 2015
Notes  
11. Pension and Profit-sharing Plans

11.          PENSION AND PROFIT-SHARING PLANS

 

The Company has a deferred compensation 401(k) plan for all employees with at least 12 months of service pending a semi-annual enrolment time.  The plan allows for a non-elective discretionary contribution based on the first $60,000 of eligible compensation. For the quarters ended November 30, 2015 and 2014 the 401(k) compensation expense was $39,843 and $33,778, respectively.