Who oversees Bw Premier Collection's investment strategy?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
ote 3).
(h) Restricted Rabbi Trust Investments
The Company has a Nonqualified Deferred Compensation Plan ("NQP") in which key management employees of the Company, as determined by the Board of Directors, are selected to participate. The NQP was restated effective December 1, 2020, to provide for the use of a Rabbi Trust and to amend the design of the Company's contributions. Effective December 1, 2020, the Company established a NQP Rabbi Trust ("Trust"), whereby the Company makes contributions to this Trust to provide the Company a source of funds to assist in satisfying the NQP liability. The investments included in this Trust are carried at fair value and recorded in Restricted Rabbi Trust investments in the Consolidated Statements of Financial Position (see note 13).
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 FDD, Bw Premier Collection's Nonqualified Deferred Compensation Plan (NQP) involves key management employees selected by the Board of Directors. The Board determines which key management employees can participate in the NQP. The NQP was restated effective December 1, 2020, to use a Rabbi Trust and amend the design of the company's contributions.
Effective December 1, 2020, Bw Premier Collection established an NQP Rabbi Trust, where the company contributes funds to assist in satisfying the NQP liability. The investments within this Trust are carried at fair value and recorded as Restricted Rabbi Trust investments on the Consolidated Statements of Financial Position.
Bw Premier Collection invests in debt and equity securities as part of its investment strategy. These marketable securities are held for investment purposes and are recorded at cost or fair value, depending on the investment type, in the Consolidated Statements of Financial Position.