Under the Bojangles rabbi trust plan, what are eligible employees allowed to defer?

According to Bojangles's 2025 Franchise Disclosure Document, the company maintains a rabbi trust plan, which is a nonqualified deferred compensation plan. This plan allows certain eligible employees to defer a portion of their base salary and variable compensation each plan year. To offset its obligation, Bojangles has established fully funded participant directed investment accounts.

This means that eligible employees of Bojangles can choose to postpone receiving a portion of their salary and other compensation to a future date. The deferred compensation is then invested in participant-directed investment accounts, which the employee controls. The rabbi trust holds these investments, but the assets are subject to creditor claims if Bojangles becomes insolvent.

For a prospective franchisee, this information is relevant as it provides insight into the employee benefits offered by Bojangles. Understanding the deferred compensation plan can be useful in attracting and retaining qualified employees for their franchise locations. It also highlights the financial planning tools available to Bojangles employees, which can contribute to overall job satisfaction and stability within the workforce.