Retirement Plan |
3 Months Ended |
|---|---|
Feb. 28, 2026 | |
| Retirement Plan [Abstract] | |
| RETIREMENT PLAN | NOTE F – RETIREMENT PLAN
In June 1997, the Company adopted a qualified 401(k) retirement plan for all full-time employees who are twenty-one years of age and have completed twelve months of service. The plan allows total employee contributions of up to fifteen percent (15%) of the eligible employee’s salary through salary reduction. The Company makes a matching contribution of twenty percent (20%) of each employee’s contribution for each dollar of employee deferral up to five percent (5%) of the employee’s salary. Net assets for the plan, as estimated by Axa Equitable, Inc., which maintains the plan’s records, were approximately $2,540,000 at November 30, 2025. Pension expense for the three months ended February 28, 2026 and February 28, 2025 was $15,133 and $16,239, respectively. |