On April 1, 1997, we established the TransAct Technologies Retirement Savings Plan (the 401(k) Plan), a defined

On April 1, 1997, we established the TransAct Technologies Retirement Savings Plan (the €œ401(k) Plan€), a defined contribution plan under Section 401(k) of the Internal Revenue Code. All full-time employees are eligible to participate in the 401(k) Plan at the beginning of the calendar quarter immediately following their date of hire. We match employees€™ contributions at a rate of 50% of employees€™ contributions up to the first 6% of the employees€™ compensation contributed to the 401(k) Plan. Our matching contributions were $244,000, $247,000 and $249,000 in 2008, 2007, and 2006, respectively.

Required
a. In general, what type of retirement savings plan does TransAct Technologies have?
b. Give your opinion as to the materiality of the pension plan.
c. Give your opinion as to the control of pensionexpenses.

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TRANSACT TECHNOLOGIES INCORPORATED Consolidated Statements Of Income (in Part) (In thousa nds, except per share data) Year ended December 31, 2007 S62,207 $48,766 $64,328 2008 2006 Net sales Income (loss) before income taxes 2,218 3,658) 6,033