401(k) · DOL Form 5500 · 2022

Franke USA Holding Inc. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
751
Participants Near avg headcount
90th
Percentile by assets National rank
$86,963
Avg per participant Below avg balance/head
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Official DOL plan name: Franke USA Holding, Inc. Savings Plus Plan · Sponsored by Franke USA Holding Inc. · Tennessee · Manufacturing

$65M in assets, 751 participants

Franke USA Holding Inc.'s Franke USA Holding, Inc. Savings Plus Plan reported $65M in total assets and 751 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,557 in Manufacturing (20,602 peers)

Where Franke USA Holding, Inc. Savings Plus Plan sits by assets

Franke USA Holding, Inc. Savings Plus Plan sits in the top 10% of all filed plans by assets, $65M for 751 participants (~$86,963/participant), down 16.3% in 2022.

#17,557
in Manufacturing (20,602 peers)
-16.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franke USA Holding, Inc. Savings Plus Plan's outsized position by total assets

Franke USA Holding, Inc. Savings Plus Plan vs every filed plan by assets

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

$65,309,493 Top 10% higher than 90% 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

Franke USA Holding, Inc. Savings Plus 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. Franke USA Holding, Inc. Savings Plus Plan sits mid-pack in the medium band (751 participants).

Form 5500 schedule snapshot

Filing strip 510367592 · Franke USA Holding Inc. PY 2022 · 401(k)

Franke USA Holding, Inc. Savings Plus Plan · $65M · 751 · 90th

  • NET $65M
  • BOOK 751
  • VS-ST 90th
  • BOY 401(k)
  • SCH near Michelsen Packaging Company 401(k) Plan
  • EBSA ind #17557

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 Tennessee →

Franke USA Holding, Inc. Savings Plus Plan in the asset neighbourhood

Franke USA Holding, Inc. Savings Plus PlanFranke USA Holding, Inc. Sav…$65MMichelsen Packaging Company 401(k) PlanMichelsen Packaging Company …$65MUnited Federal Credit Union 401(k) PlanUnited Federal Credit Union …$65MCitadel Retirement Plan$65MLightbox Employer, L.L.C. Retirement PlanLightbox Employer, L.L.C. Re…$65M
End-of-year total assets ($M) among Franke USA Holding, Inc. Savings Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$65M
Net Income-$13M
Employer EIN510367592
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franke USA Holding Inc.)

Sponsor-wide plan assets over time

All Franke USA Holding Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 25.741329824746916% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $65.3M $82.1M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 751 $65M
2023 1 802 $72M
2024 1 796 $82M

Nearby 401(k) Plans in Tennessee

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

Franke USA Holding, Inc. Savings Plus Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Franke USA Holding, Inc. Savings Plus Plan, Total assets ($B): 0.065309493 · Participants: 751Franke USA Holding, Inc. Savings Plus PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Franke USA Holding, Inc. Savings Plus Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Franke USA Holding, Inc. Savings Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Michelsen Packaging Company 401(k) Plan in WA ($65M); by covered participants it is Consumer Portfolio Services, Inc. 401(k) Plan in CA (751 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($65M here).

Similar participant headcount

Nearest other-state filings by covered participants (751 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 Franke USA Holding, Inc. Savings Plus Plan assets move in 2022?
Franke USA Holding, Inc. Savings Plus Plan declined sharply - down 16.3% during 2022, from $78M to $65M. Reported net income was -$13M.
How have Franke USA Holding Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Franke USA Holding Inc.'s sponsor-wide assets grew 25.7%, from $65M to $82M.
Where does Franke USA Holding, Inc. Savings Plus Plan rank by assets among Form 5500 filers?
Franke USA Holding, Inc. Savings Plus Plan ranks in the 90th 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 Franke USA Holding, Inc. Savings Plus Plan?
Among 401(k) plans in other states, the closest by assets is Michelsen Packaging Company 401(k) Plan in WA ($65M, 177 participants).
Which 401(k) plans cover a similar participant headcount to Franke USA Holding, Inc. Savings Plus Plan?
Among 401(k) plans in other states, the closest by covered participants is Consumer Portfolio Services, Inc. 401(k) Plan in CA (751 participants, $49M in assets).