401(k) · DOL Form 5500 · 2023

1st Franklin Financial Corporation 401(k) Plan

Data updated 2026-08-25

$102M
Total assets Near avg plan size
1,555
Participants Near avg headcount
91st
Percentile by assets National rank
$65,908
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 1st Franklin Financial 401(k) Retirement Plan · Sponsored by 1st Franklin Financial Corporation · Georgia · Finance & Insurance

$102M in assets, 1,555 participants

1st Franklin Financial Corporation's 1st Franklin Financial 401(k) Retirement Plan reported $102M in total assets and 1,555 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,706 in Finance & Insurance (8,869 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, $102M for 1,555 participants (~$65,908/participant), up 16.2% in 2023.

#7,706
in Finance & Insurance (8,869 peers)
+16.2%
assets growth YoY
1.0×
vs typical plan assets (national mean)

1st Franklin Financial 401(k) Retirement Plan's outsized position by total assets

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$102,486,823 Top 9% higher than 91% of 127,068 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 2023

1st Franklin Financial 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 1st Franklin Financial 401(k) Retirement Plan lands in the large band (1,555 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 1st Franklin Financial 401(k) Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • 1st Franklin Financial 401(k) Retirement Plan end-of-year assets rose from $88M in the plan year 2022 filing to $102M in the plan year 2023 filing.
  • 1st Franklin Financial 401(k) Retirement Plan reported participants rose from 1,453 in the plan year 2022 filing to 1,555 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 580521233 · 1st Franklin Financial Corporation PY 2023 · 401(k)

1st Franklin Financial 401(k) Retirement Plan · $102M · 1,555 · 91st

  • RANK $102M
  • PHOTO 1,555
  • IND 91st
  • EOY 401(k)
  • 5500 near The Savings & Investment Plan for Employees of Oberg Industries LLC
  • ASSETS ind #7706

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 Finance & Insurance retirement plans → · Plans in Georgia →

1st Franklin Financial 401(k) Retirement Plan in the asset neighbourhood

Advent International L.P. Employees' Profit-Sharing Retirement PlanAdvent International L.P. Em…$103MConnectwise, LLC. 401(k) Plan$103MHomeserve 401(k) Plan$103M1st Franklin Financial 401(k) Retirement Plan1st Franklin Financial 401(k…$102MThe Savings & Investment Plan for Employees of Oberg Industries LLCThe Savings & Investment Pla…$102M
End-of-year total assets ($M) among 1st Franklin Financial 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

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

Sponsor Plan History (1st Franklin Financial Corporation)

Sponsor-wide plan assets over time

All 1st Franklin Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$112M 26.615741182477432% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $88.2M $112M ▲ +26.6%
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 Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants 1st Franklin Financial 401(k) Retirement Plan, Total assets ($B): 0.102486823 · Participants: 15551st Franklin Financial 401(k) Retirement PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

1st Franklin Financial 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is The Savings & Investment Plan for Employees of Oberg Industries LLC in PA ($102M); by covered participants it is Truckpro, LLC 401(k) Plan in TN (1,555 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,555 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 1st Franklin Financial 401(k) Retirement Plan assets move in 2023?
1st Franklin Financial 401(k) Retirement Plan grew sharply - up 16.2% during 2023, from $88M to $102M. 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 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 The Savings & Investment Plan for Employees of Oberg Industries LLC in PA ($102M, 712 participants).
Which 401(k) plans cover a similar participant headcount to 1st Franklin Financial 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Truckpro, LLC 401(k) Plan in TN (1,555 participants, $50M in assets).