401(k)
2022 plan-year 401(k) DOL Form 5500

FRANKLIN SPORTS, INC. 401(K) PLAN

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

FRANKLIN SPORTS INC.

This 401(k) plan holds $28M in total assets and serves 215 participants as of 2022. It is sponsored by FRANKLIN SPORTS INC. in Massachusetts. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$28M
Participants
215
Industry
Wholesale Trade

What the Filing Says About FRANKLIN SPORTS, INC. 401(K) PLAN

FRANKLIN SPORTS, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by FRANKLIN SPORTS INC., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $28M in total end-of-year assets and covers 215 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 042295365, and the plan has been effective since 1994-07-27. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $35M at the beginning of 2022 to $28M at year-end — a decline of 19.3%. Net assets (after liabilities) closed the year at $28M, with reported net income of $-6,800,770 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)$35M
Total Assets (End of Year)$28M
Net Assets (End of Year)$28M
Net Income$-6,800,770
Plan Type401(k)
Employer EIN042295365
Plan Effective Date1994-07-27
Filing StatusFILING RECEIVED

Sponsor Plan History (FRANKLIN SPORTS INC.)

Year Plans Participants Total Assets
2022 1 215 $28M
2023 1 227 $36M
2024 1 235 $44M

Nearby 401(k) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the FRANKLIN SPORTS, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, FRANKLIN SPORTS, INC. 401(K) PLAN holds $28M in total assets with 215 participants. It is sponsored by FRANKLIN SPORTS INC..
What type of plan is FRANKLIN SPORTS, INC. 401(K) PLAN?
FRANKLIN SPORTS, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 1994-07-27. The plan is filed with the U.S. Department of Labor under EIN 042295365.
Who sponsors the FRANKLIN SPORTS, INC. 401(K) PLAN?
FRANKLIN SPORTS, INC. 401(K) PLAN is sponsored by FRANKLIN SPORTS INC., located in Massachusetts. The sponsor's EIN is 042295365 and the plan operates in the Wholesale Trade industry.
How did FRANKLIN SPORTS, INC. 401(K) PLAN perform in 2022?
FRANKLIN SPORTS, INC. 401(K) PLAN declined by 19.3% during 2022, moving from $35M to $28M in total assets. Net income was $-6,800,770.
Where can I find official filings for FRANKLIN SPORTS, INC. 401(K) PLAN?
Official Form 5500 filings for FRANKLIN SPORTS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042295365 or plan name at efast.dol.gov.
How does FRANKLIN SPORTS, INC. 401(K) PLAN compare to other plans?
You can compare FRANKLIN SPORTS, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042295365.

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.