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PROFIT SHARING AND 401(K) PLANS
12 Months Ended
Sep. 30, 2025
PROFIT SHARING AND 401(K) PLANS [Abstract]  
PROFIT SHARING AND 401(K) PLANS
13.
PROFIT SHARING AND 401(K) PLANS
 
The Company maintains a qualified retirement plan commonly referred to as a 401(k) Plan covering substantially all full-time employees under each segment.
 
The Janel Corporation 401(k) plan allows for employee salary deferrals including Roth 401(k) deferrals, employer matching contributions, employer profit sharing contributions and employee rollovers. The Janel Corporation 401(k) plan provides for participant contributions of up to 50% of annual compensation (not to exceed the IRS limit), as defined by the plan. The Company contributes an amount equal to 50% of the participant’s first 6% of contributions.
 
The combined expenses charged to operations for contributions made to the plans for the benefit of the employees for the years ended September 30, 2025 and 2024 were $621 and $549, respectively.
 
The administrative expense charged to operations for the years ended September 30, 2025 and 2024 aggregated $60 and $76, respectively.