Annual report pursuant to Section 13 and 15(d)

Retirement Plan

v3.8.0.1
Retirement Plan
12 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Retirement Plan
11. Retirement Plan

 

Effective January 1, 2014, the Company adopted a qualified 401(k) deferred compensation plan, with deferrals beginning in June 2014. All employees who are eighteen years or older and have worked for at least three consecutive months are eligible to participate in the plan. The plan provides for mandatory safe-harbor matching contributions and discretionary non-elective contributions as determined by management. The Company did not elect to make any contributions for the year ended June 30, 2017 and 2016.