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RETIREMENT PLAN
12 Months Ended
Sep. 30, 2019
RETIREMENT PLAN  
RETIREMENT PLAN

10. RETIREMENT PLAN

We have a 401(k) Retirement Plan (the “Plan”) covering all employees over twenty-one years of age with at least one year of service. Under the terms of the Plan, we match 50% of the first 6% of the employee contribution. The Plan also includes provisions for various contributions which may be instituted at the discretion of the Board of Directors. The contribution made by the participant may not exceed 30% of the participant’s annual wages. Contribution expense was $374 and $256 in fiscal 2019 and 2018, respectively. The contribution expense has increased primarily due to the addition of the Seventh Wave and Smithers Avanza acquisitions.