text: 12. PENSION AND PROFIT SHARING PLANS: 
  
  The Company has a defined benefit pension plan covering substantially all of its employees. The benefits are based 
  on years of service and a percentage of the employee’s qualifying compensation during the final years of 
  employment. The Company’s funding policy is to contribute annually the amount necessary to satisfy the Internal 
  Revenue Service’s funding standards. Contributions are intended to provide not only for benefits attributed to 
  service to date but also for those expected to be earned in the future. 