401(k) · DOL Form 5500 · 2022

Franklin Elevator Inc 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
28th
Percentile by assets National rank
$160,974
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin Elevator Inc Retirement Plan · Sponsored by Franklin Elevator Inc · Illinois · Wholesale Trade

$1M in assets, 8 participants

Franklin Elevator Inc's Franklin Elevator Inc Retirement Plan reported $1M in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,128 in Wholesale Trade (6,843 peers)

Franklin Elevator Inc multi-year trail

Franklin Elevator Inc's plans moved +48.1% in assets from 2022 to 2024; this filing shows Franklin Elevator Inc Retirement Plan at $1M / 8 participants.

#1,128
in Wholesale Trade (6,843 peers)
-19.6%
assets change YoY

The plan reported a net loss of $313K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin Elevator Inc Retirement Plan among the smaller filed plans by assets

Franklin Elevator Inc Retirement Plan vs every filed plan by assets

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

$1,287,788 28th percentile higher than 28% 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 Elevator Inc Retirement Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Elevator Inc Retirement Plan is a micro filing (8 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 370973412 · Franklin Elevator Inc PY 2022 · 401(k)

Franklin Elevator Inc Retirement Plan · $1M · 8 · 28th

  • 5500 $1M
  • 5500 8
  • 5500 28th
  • 5500 401(k)
  • 5500 near Career Transitions Holdings, LLC 401(k) Profit Sharing Plan
  • 5500 ind #1128

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 Wholesale Trade retirement plans → · Plans in Illinois →

Franklin Elevator Inc Retirement Plan in the asset neighbourhood

Franklin Elevator Inc Retirement PlanFranklin Elevator Inc Retire…$1MCareer Transitions Holdings, LLC 401(k) Profit Sharing PlanCareer Transitions Holdings,…$1MJezowski & Markel Contractors, Inc. Employees' 401(k) Profit Sharing PlanJezowski & Markel Contractor…$1MBrittain and Crawford, L.L.C. 401(k) Salary Reduction PlanBrittain and Crawford, L.L.C…$1MVerkler, Inc. 401(k) Profit Sharing PlanVerkler, Inc. 401(k) Profit …$1M
End-of-year total assets ($M) among Franklin Elevator Inc Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Franklin Elevator Inc multi-year asset trail

Sponsor-wide plan assets over time

All Franklin Elevator Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 48.08734046287122% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.29M $1.91M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 8 $1M
2023 1 9 $2M
2024 1 7 $2M

Franklin Elevator Inc filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$313K
Employer EIN370973412
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Franklin Elevator Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Franklin Elevator Inc Retirement Plan, Total assets ($B): 0.001287788 · Participants: 8Franklin Elevator Inc Retirement PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Franklin Elevator Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Franklin Elevator Inc Retirement Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Career Transitions Holdings, LLC 401(k) Profit Sharing Plan in IN ($1M); by covered participants it is Stel Pro Inc 401(k) Plan in TX (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Elevator Inc Retirement Plan assets move in 2022? ▼
Franklin Elevator Inc Retirement Plan declined sharply - down 19.6% during 2022, from $2M to $1M. Reported net income was -$313K.
How have Franklin Elevator Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Elevator Inc's sponsor-wide assets grew 48.1%, from $1M to $2M.
Which 401(k) plans are similar in size to Franklin Elevator Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Career Transitions Holdings, LLC 401(k) Profit Sharing Plan in IN ($1M, 13 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Elevator Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Stel Pro Inc 401(k) Plan in TX (8 participants, $63K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370973412.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.