Most substantial retailers are continuing to offer nonqualified executive benefit programs.
Clark Consulting L.L.C., Dallas, comes to that conclusion in a summary of results from a wide variety of U.S. employers, including retailers.
Clark looked at use of nonqualified deferred compensation plans and supplemental executive retirement plans. About 90% of the retailers participating in the survey said they sponsor NQDC plans, and about 60% sponsor SERPs. Another 10% are “currently considering” offering a SERP plan.