401(k) · DOL Form 5500 · 2023

The Franklin Institute 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
132
Participants Small participant base
71st
Percentile by assets National rank
$136,172
Avg per participant Near avg balance/head
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Official DOL plan name: The Franklin Institute Retirement Savings Pln · Sponsored by The Franklin Institute · Pennsylvania · Arts, Entertainment & Recreation

$18M in assets, 132 participants

The Franklin Institute's The Franklin Institute Retirement Savings Pln reported $18M in total assets and 132 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #2,423 in Arts, Entertainment & Recreation (2,945 peers)

Coverage in Pennsylvania

The Franklin Institute Retirement Savings Pln covers 132 participants in Pennsylvania, about 16% of the average Pennsylvania filer (state average ~822 per filing). Assets: $18M.

#2,423
in Arts, Entertainment & Recreation (2,945 peers)
+19.3%
assets growth YoY

The Franklin Institute Retirement Savings Pln's outsized position by total assets

The Franklin Institute Retirement Savings Pln vs every filed plan by assets

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

$17,974,717 Top 29% higher than 71% 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

The Franklin Institute Retirement Savings Pln among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Franklin Institute Retirement Savings Pln sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Franklin Institute Retirement Savings Pln reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Franklin Institute Retirement Savings Pln end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • The Franklin Institute Retirement Savings Pln reported participants rose from 119 in the plan year 2022 filing to 132 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 231370501 · The Franklin Institute PY 2023 · 401(k)

The Franklin Institute Retirement Savings Pln · $18M · 132 · 71st

  • VS-ST $18M
  • BOY 132
  • SCH 71st
  • EBSA 401(k)
  • PART near Alliance Sales & Marketing 401(k) Plan
  • TYPE ind #2423

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 Arts, Entertainment & Recreation retirement plans → · Plans in Pennsylvania →

The Franklin Institute Retirement Savings Pln in the asset neighbourhood

Army Navy Country Club 401(k) PlanArmy Navy Country Club 401(k…$18MBcb Community Bank 401(k) PlanBcb Community Bank 401(k) Pl…$18MThe Franklin Institute Retirement Savings PlnThe Franklin Institute Retir…$18MAlliance Sales & Marketing 401(k) PlanAlliance Sales & Marketing 4…$18MHawk Ridge Systems LLC 401(k) Profit Sharing Plan & TrustHawk Ridge Systems LLC 401(k…$18M
End-of-year total assets ($M) among The Franklin Institute Retirement Savings Pln and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN231370501
Plan Effective Date2007-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Franklin Institute)

Sponsor-wide plan assets over time

All The Franklin Institute plans reported in each filing year

Latest sponsor-wide plan assets
$29M 25.333197429500977% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23M $28.8M ▲ +25.3%
Year Plans Participants Total Assets
2022 2 144 $23M
2023 2 156 $26M
2024 2 163 $29M

Nearby 401(k) Plans in Pennsylvania

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

The Franklin Institute Retirement Savings Pln vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants The Franklin Institute Retirement Savings Pln, Total assets ($B): 0.017974717 · Participants: 132The Franklin Institute Retirement Savings PlnComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
The Franklin Institute Retirement Savings Pln vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

The Franklin Institute Retirement Savings Pln's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Alliance Sales & Marketing 401(k) Plan in NC ($18M); by covered participants it is Revision Military 401(k) Retirement Plan in VT (132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (132 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 The Franklin Institute Retirement Savings Pln assets move in 2023?
The Franklin Institute Retirement Savings Pln grew sharply - up 19.3% during 2023, from $15M to $18M. Reported net income was $3M.
How have The Franklin Institute plan assets changed over time?
Across 3 plan years on file (2022-2024), The Franklin Institute's sponsor-wide assets grew 25.3%, from $23M to $29M.
Which 401(k) plans are similar in size to The Franklin Institute Retirement Savings Pln?
Among 401(k) plans in other states, the closest by assets is Alliance Sales & Marketing 401(k) Plan in NC ($18M, 325 participants).
Which 401(k) plans cover a similar participant headcount to The Franklin Institute Retirement Savings Pln?
Among 401(k) plans in other states, the closest by covered participants is Revision Military 401(k) Retirement Plan in VT (132 participants, $5M in assets).