Other
2022 plan-year Other DOL Form 5500

FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FRANKLIN COLLEGE OF INDIANA

This Other plan holds $53M in total assets and serves 272 participants as of 2022. It is sponsored by FRANKLIN COLLEGE OF INDIANA in Indiana. The plan reported a net loss of $8M for the year.

Total Assets (2023)
$53M
Participants
272
State
Industry
Educational Services

What the Filing Says About FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN

FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN is a Other retirement plan sponsored by FRANKLIN COLLEGE OF INDIANA, headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $53M in total end-of-year assets and covers 272 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 350868086, and the plan has been effective since 1947-07-26. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $61M at the beginning of 2022 to $53M at year-end — a decline of 12.8%. Net assets (after liabilities) closed the year at $53M, with reported net income of $-7,838,989 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$61M
Total Assets (End of Year)$53M
Net Assets (End of Year)$53M
Net Income$-7,838,989
Plan TypeOther
Employer EIN350868086
Plan Effective Date1947-07-26
Filing StatusFILING RECEIVED

Sponsor Plan History (FRANKLIN COLLEGE OF INDIANA)

Year Plans Participants Total Assets
2022 1 272 $53M
2023 1 274 $59M
2024 1 266 $61M

Nearby Other Plans in Indiana

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN?
As of the 2022 Form 5500 filing, FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN holds $53M in total assets with 272 participants. It is sponsored by FRANKLIN COLLEGE OF INDIANA.
What type of plan is FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN?
FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN is a Other plan. It has been effective since 1947-07-26. The plan is filed with the U.S. Department of Labor under EIN 350868086.
Who sponsors the FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN?
FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN is sponsored by FRANKLIN COLLEGE OF INDIANA, located in Indiana. The sponsor's EIN is 350868086 and the plan operates in the Educational Services industry.
How did FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN perform in 2022?
FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN declined by 12.8% during 2022, moving from $61M to $53M in total assets. Net income was $-7,838,989.
Where can I find official filings for FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN?
Official Form 5500 filings for FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 350868086 or plan name at efast.dol.gov.
How does FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN compare to other plans?
You can compare FRANKLIN COLLEGE 403(B) RETIREMENT AND TAX DEFERRED ANNUITY PLAN against other Other plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 350868086.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.