Plan5500

Franco Manufacturing 401k & Profit Sharing Plan — Form 5500 plan (Franco Manufacturing Co., Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Franco Manufacturing 401k & Profit Sharing Plan is a benefit plan reported by Franco Manufacturing Co., Inc. under EIN 13-5679093 and plan number 003. The latest loaded filing year is 2023. The filing reports 255 participants and $24,159,130 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24.2MPlan net assets, end of year$24,159,130
Participants255Covered participants reported
Assets / participant$94.7KComputed: assets ÷ participants$94,742 (computed)
Provider compensation$1.6K1 Schedule C provider row(s)$1,600
Plan sponsor
Franco Manufacturing Co., Inc.
EIN
13-5679093
Plan number
003
Plan type
2
Location
Metuchen, NJ
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    255 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24.2M total assets
Net assets$24.2MLiabilities$0
Money in vs. money out
Total income / additions$5.2M
Total expenses$1.9M
Benefits paid / distributions$1.9M
Contributions
Employer$0
Participant$665.5K
Full reported line items

Net assets

Total assets (EOY)
$24,159,130
Total liabilities (EOY)
$0
Net assets (EOY)
$24,159,130
Net assets (BOY)
$20,788,546

Income & contributions

Employer contributions
$0
Participant contributions
$665,486
Total contributions
$665,486
Total income / additions
$5,245,977

Expenses & distributions

Benefits paid
$1,859,922
Administrative expenses
$4,982
Total expenses
$1,875,393
Net increase / (decrease)
$3,370,584
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$1.6K
    RECORDKEEPER · Direct $1.6K · Indirect $0

Related Form 5500 pages