CHURCH & DWIGHT CO INC /DE/
For the period ended May 1, 2025. Filed Mar 20, 2025.
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May 1, 2025 · Filed Mar 20, 2025
Contents
PROFIT SHARING AMOUNT
Under our Savings and Profit Sharing Plan for Salaried Employees, in which our named executive officers and other salaried employees in the United States participate, we make an annual contribution to each salaried employee’s account based on Company performance during the prior year. The performance metrics used to determine the profit sharing amount are the same ones used for the Annual Incentive Plan. For 2024, the contribution was equal to 6.95 percent of each U.S. named executive officer’s 2024 eligible compensation.
Mr. Read is employed by Church & Dwight Canada and receives benefits consistent with other Church & Dwight Canada employees. Church & Dwight Canada employees receive retirement benefits through the Deferred Profit Sharing Plan (“DPSP”), where Church & Dwight Canada provides a base contribution of 2% of eligible earnings and matches employee contributions to the Registered Retirement Savings Plan (“RRSP”) up to 3%, depositing the match into the DPSP. Additionally, Church & Dwight Canada may contribute up to 4% more in profit-sharing to the DPSP. Any profit sharing amounts above 6% are contributed to a Non-Registered Savings Plan (“NRSP”), with total company profit-sharing contributions typically reaching 7% of eligible earnings. The performance metrics used to determine the profit sharing amount are the same ones used for the Annual Incentive Plan. For 2024 the contribution was equal to 5.95% of Mr. Read’s eligible compensation in 2024.
Additional information on the profit sharing amount for 2024 is under the heading “Saving and Profit Sharing Plan for Salaried Employees.” The profit sharing contributions made to each named executive officer in 2024 are included in the “All Other Compensation” column of the “2024 Summary Compensation Table.”
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