Most energy and utility companies sponsor non-qualified deferred compensation plans for their executives, according to Clark Consulting L.L.C.
Clark, Dallas, says 90% of the energy and utility companies it surveyed said they sponsor a non-qualified deferred compensation plan, or NQDC plan, for top management, and 75% said they sponsor a supplemental executive retirement plan, or SERP plan.
Just over three-quarters of respondents says they informally funding NQDC plans, versus 57% of companies that informally fund SERPs.