EMPLOYEE BENEFIT PLANS

12 Months Ended

Oct. 31, 2017

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

11.  EMPLOYEE BENEFIT PLANS

GFE has a defined contribution plan available to all of its qualified employees. GFE contributes a match of 50% of the participant’s salary deferral up to a maximum of 3% of the employee’s salary.  GFE contributions totaled approximately $73,000,  $63,000, and $57,000 for the fiscal years ended October 31, 2017, 2016, and 2015, respectively.

HLBE has a defined contribution plan available to all of its qualified employees. HLBE contributes a match of 50% of the participant’s salary deferral up to a maximum of 4% of the employee’s salary.  HLBE contributions totaled approximately $90,000,  $85,000, and $81,000 for the fiscal years ended October 31, 2017, 2016, and 2015, respectively.