What was the total deferred compensation for Dq Treat in 2024?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Deferred compensation |
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the deferred compensation for 2024 was $27,222.
This figure represents the amount of compensation that Dq Treat has deferred for its employees. Deferred compensation plans are often used to provide tax advantages to employees, as the compensation is not taxed until it is received. For a franchisee, this information provides insight into the company's financial practices and employee compensation strategies.
It is important to note that this deferred compensation relates to U.S. officers of the company who can defer a percentage of their cash compensation into mutual funds within a rabbi trust. The company itself did not make any contributions to the plan for the years 2024, 2023, and 2022.