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PENSION AND PROFIT-SHARING PLANS
3 Months Ended
Nov. 30, 2024
Retirement Benefits [Abstract]  
PENSION AND PROFIT-SHARING PLANS

10.       PENSION AND PROFIT-SHARING PLANS

 

The Company has a deferred compensation 401(k) plan for all employees with at least 6 months of service pending a monthly enrollment time. The plan allows for a non-elective discretionary contribution plus matching employee contributions up to a specific limit. The percentages of contribution remain the discretion of the Board and are reviewed with management annually. For the three-month periods ended November 30, 2024 and 2023 the 401(k) compensation expense were $76,811 and $96,470, respectively.