Profit Sharing and 401-K Plans	12 Months Ended
Sep. 30, 2018
Profit Sharing And 401-k Plans
Profit Sharing and 401-K Plans	5. PROFIT SHARING AND 401-K PLANS The Company maintains both a non-contributory profit sharing plan and a contributory 401-K plan for all employees over the age of 21 with one year of service. Annual contributions to the profit sharing plan are determined by the Board of Directors and are made from current or accumulated earnings, while contributions to the 401-K plan were matched at a rate of 100% of an employee’s first 6% of contributions during fiscal 2018. The maximum corporate match was 6% of an employee’s compensation during fiscal 2018. The Company’s matching contributions to the 401-K plan for the years ended September 30, 2018 and 2017 were $71,392 and $70,316, respectively. Additionally, the Company may make discretionary contributions to the non-contributory profit sharing plan. These contributions were $0 in 2018 and 2017.

Profit Sharing and 401-K Plans

12 Months Ended

Sep. 30, 2018

5. PROFIT SHARING AND 401-K PLANS

The Company maintains both a non-contributory profit sharing plan and a contributory 401-K plan for all employees over the age of 21 with one year of service. Annual contributions to the profit sharing plan are determined by the Board of Directors and are made from current or accumulated earnings, while contributions to the 401-K plan were matched at a rate of 100% of an employee’s first 6% of contributions during fiscal 2018. The maximum corporate match was 6% of an employee’s compensation during fiscal 2018.

The Company’s matching contributions to the 401-K plan for the years ended September 30, 2018 and 2017 were $71,392 and $70,316, respectively. Additionally, the Company may make discretionary contributions to the non-contributory profit sharing plan. These contributions were $0 in 2018 and 2017.

MICROWAVE FILTER CO INC /NY/ 10-K