Franchise Management 401(K) Plan — Form 5500 plan (Franchise Management, 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, Franchise Management 401(K) Plan is a benefit plan reported by Franchise Management, LLC under EIN 83-2655438 and plan number 001. The latest loaded filing year is 2023. The filing reports 740 participants and $2,823,678 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Franchise Management, LLC
- EIN
- 83-2655438
- Plan number
- 001
- Plan type
- 2
- Location
- Florence, KY
- Latest filing year
- 2023
- Participants
- 740
- End-of-year plan assets
- $2,823,678
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 740 | H, C | 20240927105349NAL0004002098001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,823,678
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,823,678
- Net assets (BOY)
- $1,852,434
Income & contributions
- Employer contributions
- $455,200
- Participant contributions
- $375,474
- Total contributions
- $830,674
- Total income / additions
- $1,213,005
Expenses & distributions
- Benefits paid
- $185,702
- Administrative expenses
- $56,059
- Total expenses
- $241,761
- Net increase / (decrease)
- $971,244
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Latitude Service Company, Inc. | NONE | $27,753 | not reported in the loaded dataset | 2023 |
| North American Ktrade Alliance, LLC | NONE | $17,602 | not reported in the loaded dataset | 2023 |
| Cetera Advisors, LLC | NONE | $10,677 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Franchise Management, LLC
- 2023 Form 5500 filing
- Form 5500 filings in KY
- 401(k) and benefit plan filings in Florence, KY
- Latitude Service Company, Inc. — Schedule C compensation
- North American Ktrade Alliance, LLC — Schedule C compensation
- Cetera Advisors, LLC — Schedule C compensation