401(k) · DOL Form 5500 · 2022

Franklin Savings Bank 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
115
Participants Small participant base
60th
Percentile by assets National rank
$69,571
Avg per participant Below avg balance/head
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Official DOL plan name: Franklin Savings Bank 401(k) Plan · Sponsored by Franklin Savings Bank · Maine · Finance & Insurance

$8M in assets, 115 participants

Franklin Savings Bank's Franklin Savings Bank 401(k) Plan reported $8M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • #4,031 in Finance & Insurance (9,261 peers)

Coverage in Maine

Franklin Savings Bank 401(k) Plan covers 115 participants in Maine, about 24% of the average Maine filer (state average ~472 per filing). Assets: $8M.

#4,031
in Finance & Insurance (9,261 peers)
-32.2%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin Savings Bank 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$8,000,648 Top 40% higher than 60% 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 Savings Bank 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 Savings Bank 401(k) Plan sits mid-pack in the medium band (115 participants).

EBSA filing schedule strip

Filing strip 010072660 · Franklin Savings Bank PY 2022 · 401(k)

Franklin Savings Bank 401(k) Plan · $8M · 115 · 60th

  • BOOK $8M
  • VS-ST 115
  • BOY 60th
  • SCH 401(k)
  • EBSA near Southern States Packaging 401(k) Plan
  • PART ind #4031

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 Finance & Insurance retirement plans → · Plans in Maine →

Franklin Savings Bank 401(k) Plan in the asset neighbourhood

Franklin Savings Bank 401(k) PlanFranklin Savings Bank 401(k)…$8MSouthern States Packaging 401(k) PlanSouthern States Packaging 40…$8MAberdeen Dynamics 401(k) Plan$8MWestern Express, Inc. 401(k) PlanWestern Express, Inc. 401(k)…$8MAptum Technologies (USA) Inc. 401(k) Savings PlanAptum Technologies (USA) Inc…$8M
End-of-year total assets ($M) among Franklin Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$8M
Net Income-$4M
Employer EIN010072660
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Savings Bank)

Sponsor-wide plan assets over time

All Franklin Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$77M 22.40773261778442% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $62.6M $76.7M ▲ +22.4%
Year Plans Participants Total Assets
2022 2 207 $63M
2023 2 233 $71M
2024 2 244 $77M

Nearby 401(k) Plans in Maine

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

Franklin Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Franklin Savings Bank 401(k) Plan, Total assets ($B): 0.008000648 · Participants: 115Franklin Savings Bank 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Franklin Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Franklin Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Southern States Packaging 401(k) Plan in SC ($8M); by covered participants it is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Savings Bank 401(k) Plan assets move in 2022? ▼
Franklin Savings Bank 401(k) Plan contracted severely - down 32.2% during 2022, from $12M to $8M. Reported net income was -$4M.
How have Franklin Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Savings Bank's sponsor-wide assets grew 22.4%, from $63M to $77M.
Which 401(k) plans are similar in size to Franklin Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southern States Packaging 401(k) Plan in SC ($8M, 145 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants, N/A 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 010072660.

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.