What amount does the company estimate it will contribute to the Crowne Plaza postretirement benefit programs in 2025?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Oracle America, Inc. | Cr Salesperson: DO NOT FILL IN REQUIRED | ALTERNATE Bill To Address: (i.e. PO Box) | ||
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| Sole Proprietorship Non-Profit Partnership Corporation Subsidiary Division LLC Management Company | ||||
| owne Plaza FDD - 4-15-25 (385) Bill-To Taxpayer ID Number (TIN/EIN) DON'T FILL IN REQUIRED (this will be used as the Bill To address unless an alternate address is provided) | ||||
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| Accounts Payable Contact Name Accounts Payable Contact Phone # | Accounts Payable Contact email address: | |||
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| Site Name / Trade Name S | ite Identifier (store #, inn code) | |||
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| Name Title Date | Notes to Consolidated Financial Statements (continued) |
9. Employee Benefit Plans (continued)
The
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the company estimates that it will contribute $1.1 million to its postretirement benefit programs in 2025. This provides insight into the financial obligations Crowne Plaza anticipates for these specific employee benefits.
For a prospective franchisee, this information is relevant in understanding the broader financial health and employee benefit strategies of Crowne Plaza. While it doesn't directly impact the franchisee's immediate operations, it reflects the company's approach to long-term employee care and financial planning.
It's important to note that these figures are estimates and subject to change based on various factors, including actuarial assumptions and market conditions. Reviewing these figures in the context of the overall financial statements can provide a more comprehensive understanding of Crowne Plaza's financial commitments and stability.