Company: CHD
Filing Date: 2025-06-18
Form Type: 11-K
Source: 0000950170-25-087814
Chunk: 6

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-06-18
Form: 11-K
Chunk 6
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     |            |  25 |     |   |
| 3 years but less than 4 years |     |            |  50 |     |   |
| 4 years but less than 5 years |     |            |  75 |     |   |
| 5 years or more               |     |            | 100 |     |   |

Upon termination of employment for any reason, other than death, a participant shall be entitled to a benefit equal to the vested portion, if any, of the participant’s profit sharing account and Company matching contributions. A participant shall be 100% vested in the participant’s profit sharing account and Company matching contributions upon the attainment of normal retirement age (age 65) or death. Notes receivable from participants: A participant may request a loan to be made from the value of the vested portion of the participant’s account for a minimum of $500 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. Loans are secured by an equivalent lien on the participant’s non-forfeitable interest in the Plan and bear interest at prime plus 1% at the date of the loan. Principal and interest are paid through payroll deductions. Funds in an employee’s profit sharing account are not available for loans. Distributions: Distributions may be taken as a lump sum, cash payment, installment payments or as a rollover contribution to a qualified plan or individual retirement account. Terminated employees with a balance of over $5,000 also have an option to defer payment until age 73. Forfeitures: Forfeitures of non-vested Company matching and profit sharing contributions are used to reduce future Company contributions. Company matching and profit sharing contributions were reduced by $1,936,362 and $1,389,729 for such forfeitures during the years ended December 31, 2024 and 2023, respectively. The amount in the forfeitures account was $2,011,908 and $1,492,831 as of December 31, 2024 and 2023, respectively. Participation in the Master Trust: Certain of the Plan’s investment assets are in the Church & Dwight Co., Inc. Master Trust for Salaried and Hourly 401(k) Plans (“Master Trust”) which is held in a trust account at Vanguard Fiduciary Trust Company (the “Trustee”). Each participating retirement plan has a divided interest in the Master Trust established by the Company and administered by the