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PROFIT SHARING PLAN
6 Months Ended
Sep. 30, 2013
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. Our contributions were $3,093 and $6,725, for the three and six months ended September 30, 2013, respectively, and $5,543 and $10,703, for the three and six months ended September 30, 2012.