401(k) · DOL Form 5500 · 2022

1st Franklin Financial Corporation 401(k) Plan

Data updated 2026-08-11

$88M
Total assets
1,453
Participants
92nd
Percentile by assets
$60,698
Avg per participant
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Official DOL plan name: 1st Franklin Financial 401(k) Retirement Plan · Sponsored by 1st Franklin Financial Corporation · Georgia · Finance & Insurance

$88M in assets, 1,453 participants

1st Franklin Financial Corporation's 1st Franklin Financial 401(k) Retirement Plan reported $88M in total assets and 1,453 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,080 in Finance & Insurance (9,261 peers)

Where 1st Franklin Financial 401(k) Retirement Plan sits by assets

1st Franklin Financial 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $88M for 1,453 participants (~$60,698/participant), down 13.9% in 2022.

$88M
total plan assets (2022 EOY)
1,453
covered participants
92nd
percentile by assets (of 139,126 plans)
$60,698
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where 1st Franklin Financial 401(k) Retirement Plan sits by total assets

1st Franklin Financial 401(k) Retirement Plan vs every filed plan by assets

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

$88,193,565 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State

1st Franklin Financial 401(k) Retirement Plan vs the 2022 asset distribution

By assets, 1st Franklin Financial 401(k) Retirement Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$88M
Net Income-$14M
Employer EIN580521233
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Franklin Financial Corporation)

$80M$90M$100M$110M$120M 202220232024 $88.2M $112M ▲ +26.6%
Total plan assets by year, all 1st Franklin Financial Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,453 $88M
2023 1 1,555 $102M
2024 1 1,680 $112M

Nearby 401(k) Plans in Georgia

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

1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants 1st Franklin Financi…The Teamster-UPS Nat…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401 (K) Savings …The Home Depot Futur…
1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to 1st Franklin Financial 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did 1st Franklin Financial 401(k) Retirement Plan assets move in 2022?
1st Franklin Financial 401(k) Retirement Plan pulled back noticeably - down 13.9% during 2022, from $102M to $88M. Reported net income was -$14M.
How have 1st Franklin Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), 1st Franklin Financial Corporation's sponsor-wide assets grew 26.6%, from $88M to $112M.
Where does 1st Franklin Financial 401(k) Retirement Plan rank by assets among Form 5500 filers?
1st Franklin Financial 401(k) Retirement Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to 1st Franklin Financial 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Power Systems Mfg., LLC 401(k) Plan in FL ($88M, 353 participants).

Next read for 1st Franklin Financial 401(k) Retirement…

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