PROFIT SHARING PLAN

12 Months Ended

Mar. 31, 2012

PROFIT SHARING PLAN

PROFIT SHARING PLAN

NOTE 11 - PROFIT SHARING PLAN

Ranor has a 401(k) profit sharing plan that covers substantially all Ranor employees who have completed 90 days of service. Ranor retains the option to match employee contributions. The Company’s contributions were $24,230 and $23,750 for the years ended March 31, 2012 and 2011, respectively.