RCI HOSPITALITY HOLDINGS, INC. - 10-K filing on 2020-02-13

Employee Retirement Plan	12 Months Ended
Sep. 30, 2019
Employee Retirement Plan
Employee Retirement Plan	13. Employee Retirement Plan The Company sponsors a Simple IRA plan (the “Plan”), which covers all of the Company’s corporate employees. The Plan allows corporate employees to contribute up to the maximum amount allowed by law, with the Company making a matching contribution of up to 3% of the employee’s salary. Expenses related to matching contributions to the Plan approximated $164,000, $160,000, and $131,000 for the years ended September 30, 2019, 2018, and 2017, respectively.

Employee Retirement Plan

12 Months Ended

Sep. 30, 2019

13. Employee Retirement Plan

The Company sponsors a Simple IRA plan (the “Plan”), which covers all of the Company’s corporate employees. The Plan allows corporate employees to contribute up to the maximum amount allowed by law, with the Company making a matching contribution of up to 3% of the employee’s salary. Expenses related to matching contributions to the Plan approximated $164,000, $160,000, and $131,000 for the years ended September 30, 2019, 2018, and 2017, respectively.