factual

When was the cash balance defined benefit pension plan opened by Healthsource Chiropractic?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

The following information is provided regarding the cash balance defined benefit pension plan as of December 31, 2024, 2023 and 2022:

Source: Item 23 — Receipts (FDD pages 77–282)

What This Means (2025 FDD)

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, information regarding the cash balance defined benefit pension plan is provided as of December 31, 2024, 2023, and 2022. The FDD does not specify the exact date when Healthsource Chiropractic opened the cash balance defined benefit pension plan.

While the provided excerpt offers a snapshot of the plan's status at the end of the last three years, it omits the crucial detail of when the plan was initially established. This makes it impossible to determine the plan's age or history from the information provided.

A prospective franchisee interested in the details of this pension plan should directly ask Healthsource Chiropractic for the plan's establishment date, along with comprehensive details about its terms, conditions, and eligibility criteria. Understanding the history and structure of the pension plan is essential for assessing the long-term financial health and stability of the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.