What were Hardees' matching contributions to the 401(k) Plan in fiscal year 2025?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
During fiscal 2025 and 2024, our matching contributions to the 401(k) Plan were $702 and $630, respectively.
During fiscal 2025 and 2024, our matching contributions to the 401(k) Plan were $129 and $113, respectively.
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees' 2025 Franchise Disclosure Document, there are two mentions of matching contributions to the 401(k) plan. One note indicates that during fiscal year 2025, Hardees' matching contributions to the 401(k) Plan were $702. Another note indicates that during fiscal year 2025, Hardees' matching contributions to the 401(k) Plan were $129.
It is important to note that the financial statements included in the FDD are the combined consolidated financial statements of the CKE Securitization Entities. These entities include Carl's Jr. Restaurants LLC, Carl's Jr. SPV Guarantor LLC, Carl's Jr. Funding LLC, Hardee's Restaurants LLC, Hardee's SPV Guarantor LLC and Hardee's Funding LLC.
A prospective franchisee should clarify with Hardees which entity the $702 and $129 contributions pertain to, and how this may affect them.