Who comprises the select group of management in executive plans?

The select group of management in executive plans typically includes employees who hold a significant level of authority and responsibility within an organization, particularly those who have the capacity to influence or affect deferred compensation plans. This group is often limited to high-level executives and key personnel whose decisions can impact the company's strategic direction and financial outcomes.

By defining this group in terms of their decision-making power regarding deferred compensation, organizations can ensure that the plans are tailored to reward and retain those individuals whose leadership is critical to the company's success. This selective definition helps employers manage resources effectively, aligning executive compensation with the company's goals and objectives.

This understanding distinguishes those who simply hold titles or roles within the company from those who truly influence significant business decisions and, consequently, the structure and nature of executive benefit plans.