Retirement Plans

12 Months Ended

Sep. 30, 2011

Compensation and Retirement Disclosure [Abstract]

Compensation and Employee Benefit Plans [Text Block]

Note 10 – Retirement Plans

401(k) Plans

The Company has retirement savings plans available to substantially all full time employees which are intended to qualify as deferred compensation plans under Section 401(k) of the Internal Revenue Code (the “401k Plans”).  Pursuant to the 401k Plans, employees may contribute up to the maximum amount allowed by the 401k Plans or by law.  The Company at its sole discretion may from time to time make discretionary matching contributions as it deems advisable.  The Company made contributions to the plans during the years ended September 30, 2011 and 2010 of $75,042 and $70,645, respectively.

Defined Benefit Pension Plan

EMF has a defined benefit pension plan covering hourly employees.  The plan provides defined benefits based on years of service and final average salary. As of September 30, 2006, the plan was frozen.  Accordingly, accrued benefit costs are classified as a current liability on the consolidated balance sheet.  The following relates to the Company’s defined pension plan as of September 30, 2011 and 2010:

	2011			2010
Pension benefit obligation as of September 30	$	397,760		$	344,241
Fair value of plan assets as of September 30		(308,089	)		(295,468	)
	$	89,671		$	48,773
Amounts recognized on the balance sheet as:
Accrued benefit costs (in accrued expenses)	$	113,344		$	65,395
Discount rate on the benefit obligation - based on
24-month average segmented rates		6.51	%		6.74	%
Rate of expected return on the plan assets		5.00	%		5.00	%
Pension expense (benefit)	$	29,677			-0-
Company contributions	$	28,254			-0-