Coca-Cola-vs-Pepsi

Apr 30th, 2015
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Each company offers a 401K pension plan as well as medical and life insurance benefit plans for their employees. Not all employees are eligible for participation in all plans. Coca Cola has a defined contribution plan that includes all U.S. employees and only some international employees. This is a contributory plan where both the employee and the employer make contributions. This plan offers substantial tax benefits for the contributions that are made by the employer. In addition, Coca Cola also has a defined benefit pension plan. This plan is considered a nonqualified and unfunded plan primarily for the officers of the organization, most of the U.S. employees, and some international employees. This plan does not offer tax benefits for contributions made by the organization.

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Coca-Cola and Pepsi PensionsJohn SimpsonProfessor Susan LightweisIntermediate Accounting IIINovember 17th, 20111. Compare the pension plans of Coca-Cola and PepsiCo, including type of plan and funded status at 2007 year-end.Each company offers a 401K pension plan as well as medical and life insurance benefit plans for their employees. Not all employees are eligible for participation in all plans. Coca Cola has a defined contribution plan that includes all U.S. employees and only some international employees. This is a contributory plan where both the employee and the employer make contributions. This plan offers substantial tax benefits for the contributions that are made by the employer. In addition, Coca Cola also has a defined benefit pension plan. This plan is considered a nonqualified and unfunded plan primarily for the officers of the organization, most of the U.S. employees, and some international employees. This plan does not offer tax benefits for contributions made by the organization. PepsiCo, Inc. has a voluntary defined benefit pension plan that includes all full time U.S. employees and some international employees. This plan is a noncontributory plan which means the employer is the only contributor funding the plan so they bear the entire cost of the plan. This plan is a qualified pension plan allowing tax incentives for employer contributions which are calculated based on employees years of service or a combination of service and inco

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