401(k) · DOL Form 5500 · 2022

Franklin Products, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
114
Participants Small participant base
76th
Percentile by assets National rank
$166,081
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin Products, Inc. 401(k) Profit Sharing Plan · Sponsored by Franklin Products, Inc. · Connecticut · Manufacturing

$19M in assets, 114 participants

Franklin Products, Inc.'s Franklin Products, Inc. 401(k) Profit Sharing Plan reported $19M in total assets and 114 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,842 in Manufacturing (20,602 peers)

Coverage in Connecticut

Franklin Products, Inc. 401(k) Profit Sharing Plan covers 114 participants in Connecticut, about 16% of the average Connecticut filer (state average ~718 per filing). Assets: $19M.

#13,842
in Manufacturing (20,602 peers)
-25.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin Products, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Franklin Products, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$18,933,197 Top 24% higher than 76% 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 Products, Inc. 401(k) Profit Sharing 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 Products, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (114 participants).

Plan-year Form 5500 strip

Filing strip 061236512 · Franklin Products, Inc. PY 2022 · 401(k)

Franklin Products, Inc. 401(k) Profit Sharing Plan · $19M · 114 · 76th

  • EBSA $19M
  • PART 114
  • TYPE 76th
  • NET 401(k)
  • BOOK near Van Michael Salon, Inc. 401(k) Profit Sharing Plan
  • VS-ST ind #13842

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 Connecticut →

Franklin Products, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Massachusetts Defined Contribution Core PlanMassachusetts Defined Contri…$19MPorter Pipe & Supply Co. 401(k) PlanPorter Pipe & Supply Co. 401…$19MFranklin Products, Inc. 401(k) Profit Sharing PlanFranklin Products, Inc. 401(…$19MVan Michael Salon, Inc. 401(k) Profit Sharing PlanVan Michael Salon, Inc. 401(…$19MHit Promotional Products, Inc. Retirement PlanHit Promotional Products, In…$19M
End-of-year total assets ($M) among Franklin Products, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$19M
Net Income-$6M
Employer EIN061236512
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Products, Inc.)

Sponsor-wide plan assets over time

All Franklin Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 41.33611455054316% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.9M $26.8M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 114 $19M
2023 1 108 $23M
2024 1 137 $27M

Nearby 401(k) Plans in Connecticut

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

Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Franklin Products, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.018933197 · Participants: 114Franklin Products, Inc. 401(k) Profit Sharing PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Franklin Products, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Franklin Products, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Van Michael Salon, Inc. 401(k) Profit Sharing Plan in GA ($19M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Products, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan declined sharply - down 25.4% during 2022, from $25M to $19M. Reported net income was -$6M.
How have Franklin Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Products, Inc.'s sponsor-wide assets grew 41.3%, from $19M to $27M.
Where does Franklin Products, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Franklin Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Van Michael Salon, Inc. 401(k) Profit Sharing Plan in GA ($19M, 268 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants, $288K 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 061236512.

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.