401(k) · DOL Form 5500 · 2022

Franklin Corporation 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
779
Participants Near avg headcount
65th
Percentile by assets National rank
$12,959
Avg per participant Low balance/head
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Official DOL plan name: Franklin Corporation 401(k) Plan · Sponsored by Franklin Corporation · Mississippi · Manufacturing

$10M in assets, 779 participants

Franklin Corporation's Franklin Corporation 401(k) Plan reported $10M in total assets and 779 participants in its 2022 DOL Form 5500 filing, ranking in the 65th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #10,802 in Manufacturing (20,602 peers)

Coverage in Mississippi

Franklin Corporation 401(k) Plan covers 779 participants in Mississippi, 2.1x the typical Mississippi plan (state average ~366 per filing). Assets: $10M.

#10,802
in Manufacturing (20,602 peers)
-19.3%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Franklin Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,095,391 Top 35% higher than 65% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Franklin Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Corporation 401(k) Plan sits mid-pack in the medium band (779 participants).

Plan-year Form 5500 strip

Filing strip 640478766 · Franklin Corporation PY 2022 · 401(k)

Franklin Corporation 401(k) Plan · $10M · 779 · 65th

  • BOY $10M
  • SCH 779
  • EBSA 65th
  • PART 401(k)
  • TYPE near Babcock Laboratories, Inc. 401(k) Profit Sharing Plan
  • NET ind #10802

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Mississippi →

Franklin Corporation 401(k) Plan in the asset neighbourhood

Franklin Corporation 401(k) PlanFranklin Corporation 401(k) …$10MBabcock Laboratories, Inc. 401(k) Profit Sharing PlanBabcock Laboratories, Inc. 4…$10MHillsdale Furniture LLC 401(k) Profit Sharing PlanHillsdale Furniture LLC 401(…$10MWestamerica Communications, Inc. 401(k) PlanWestamerica Communications, …$10MChris Auffenberg Automotive 401(k) Profit Sharing PlanChris Auffenberg Automotive …$10M
End-of-year total assets ($M) among Franklin Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Mississippi filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN640478766
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Corporation)

Sponsor-wide plan assets over time

All Franklin Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$13M 25.13682729079042% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10.1M $12.6M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 779 $10M
2023 1 694 $12M
2024 1 658 $13M

Nearby 401(k) Plans in Mississippi

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Franklin Corporation 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -2000200400600800 Total assets ($M) Participants Franklin Corporation 401(k) Plan, Total assets ($M): 10.095391 · Participants: 779Franklin Corporation 401(k) PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 717.418669 · Participants: 6553Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 560.12104 · Participants: 3038Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 467.614065 · Participants: 3323Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 432.693601 · Participants: 2626Southern Farm Bureau and Adopting Companies 401(k) PlanTrustmark 401(k) Plan, Total assets ($M): 344.903275 · Participants: 2730Trustmark 401(k) Plan
Franklin Corporation 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants

Franklin Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Babcock Laboratories, Inc. 401(k) Profit Sharing Plan in CA ($10M); by covered participants it is Gsc Enterprises, Inc 401(k) Plan in TX (779 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (779 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Franklin Corporation 401(k) Plan assets move in 2022?
Franklin Corporation 401(k) Plan declined sharply - down 19.3% during 2022, from $13M to $10M. Reported net income was -$2M.
How have Franklin Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin Corporation's sponsor-wide assets grew 25.1%, from $10M to $13M.
Which 401(k) plans are similar in size to Franklin Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Babcock Laboratories, Inc. 401(k) Profit Sharing Plan in CA ($10M, 80 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Gsc Enterprises, Inc 401(k) Plan in TX (779 participants, $43M in assets).