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PROFIT SHARING PLAN
3 Months Ended
Jun. 30, 2016
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 $18,750 and $11,318 for the three months ended June 30, 2016 and 2015, respectively.