Franklin Industries Employees Retirement Plan — Form 5500 plan (The Franklin Investment Corporation Dba Franklin Industries)
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, Franklin Industries Employees Retirement Plan is a benefit plan reported by The Franklin Investment Corporation Dba Franklin Industries under EIN 41-2051057 and plan number 001. The latest loaded filing year is 2023. The filing reports 175 participants and $3,326,251 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.3MPlan net assets, end of year$3,326,251
Participants175Covered participants reported
Assets / participant$19KComputed: assets ÷ participants$19,007 (computed)
Provider compensation$62.6K6 Schedule C provider row(s)$62,576
- Plan sponsor
- The Franklin Investment Corporation Dba Franklin Industries
- EIN
- 41-2051057
- Plan number
- 001
- Plan type
- 2
- Location
- Franklin, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 175 | H, C | 20241010135458NAL0020210833001 |
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)$3.3M total assets
Net assets$3.3MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $3,326,251
- Net assets (EOY)
- $3,326,251
- Net assets (BOY)
- $3,055,268
Income & contributions
- Employer contributions
- $163,866
- Participant contributions
- $355,657
- Total contributions
- $527,018
- Total income / additions
- $951,465
Expenses & distributions
- Benefits paid
- $624,931
- Administrative expenses
- $44,137
- Total expenses
- $680,482
- Net increase / (decrease)
- $270,983
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.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets20%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | INVESTMENT ADVISORY | $32,826 | $0 | 2023 |
| Stifel Nicolaus And Co Inc | BROKER | $0 | $10,523 | 2023 |
| Definiti, LLC | THIRD PARTY ADMINISTRATO | $1,978 | $8,092 | 2023 |
| Nationwide | INVESTMENT ADVISORY | $0 | $5,274 | 2023 |
| Iron Co Fid Traditional | ADVISOR | $3,222 | $0 | 2023 |
| Nationwide | INVESTMENT ADVISORY | $0 | $661 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Franklin Investment Corporation Dba Franklin Industries
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Franklin, PA
- Nationwide — Schedule C compensation
- Stifel Nicolaus And Co Inc — Schedule C compensation
- Definiti, LLC — Schedule C compensation
- Iron Co Fid Traditional — Schedule C compensation