Franklin Johnston Group 401(K) Plan — Form 5500 plan (The Franklin Johnston Group Management & Development, LLC)

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 Johnston Group 401(K) Plan is a benefit plan reported by The Franklin Johnston Group Management & Development, LLC under EIN 46-2209448 and plan number 001. The latest loaded filing year is 2023. The filing reports 600 participants and $7,502,491 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Franklin Johnston Group Management & Development, LLC
EIN
46-2209448
Plan number
001
Plan type
2
Location
Virginia Beach, VA
Latest filing year
2023
Participants
600
End-of-year plan assets
$7,502,491

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023600H, C20240924135502NAL0004734547001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,502,491
Total liabilities (EOY)
$0
Net assets (EOY)
$7,502,491
Net assets (BOY)
$5,286,253

Income & contributions

Employer contributions
$552,992
Participant contributions
$1,287,139
Total contributions
$1,944,588
Total income / additions
$2,941,813

Expenses & distributions

Benefits paid
$629,779
Administrative expenses
$74,482
Total expenses
$725,575
Net increase / (decrease)
$2,216,238

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$56,316$02023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$6,944not reported in the loaded dataset2023
Wall Einhorn & Chernitzer PcAUDITOR$6,000not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$5,222not reported in the loaded dataset2023

Related Form 5500 pages