Annual report pursuant to Section 13 and 15(d)

Retirement Plan

v3.20.4
Retirement Plan
 12 Months Ended
Nov. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Retirement Plan

NOTE 13 - RETIREMENT PLAN

The Company maintains a 401(k)-retirement plan (the “401(k) Plan”), which allows eligible employees to defer up to 15% of their eligible compensation.  In fiscal 2008, the Company implemented an employer match up to certain limits.  In fiscal 2010, the Company implemented a Safe Harbor provision with matching contributions up to certain limits.  For the years ended November 30, 2020 and November 30, 2019, the Company made matching contributions of approximately $179,000 and $205,000, respectively, to the 401(k) Plan.