401(k) · DOL Form 5500 · 2023

Franchise Group, Inc. 401(k) Plan

Data updated 2026-08-11

$159M
Total assets: 12,555
Participants: 94th
Percentile by assets: $12,673
Avg per participant

Official DOL plan name: Franchise Group, Inc. 401(k) Plan · Sponsored by Franchise Group, Inc. · Ohio · Retail Trade

$159M in assets, 12,555 participants

Franchise Group, Inc.'s Franchise Group, Inc. 401(k) Plan reported $159M in total assets and 12,555 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#8,121 in Retail Trade (8,414 peers)

Coverage in Ohio

Franchise Group, Inc. 401(k) Plan covers 12,555 participants in Ohio, 16x the typical Ohio plan (state average ~765 per filing). Assets: $159M.

$159M
total plan assets (2023 EOY): 12,555
covered participants: 94th
percentile by assets (of 127,072 plans): $12,673
avg assets per participant

Where Franchise Group, Inc. 401(k) Plan sits by total assets

Franchise Group, Inc. 401(k) Plan vs every filed plan by assets

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

$159,109,772 Top 6% higher than 94% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Franchise Group, Inc. 401(k) Plan reported net income rose from -$29M in the plan year 2022 filing to $18M in the plan year 2023 filing.
Franchise Group, Inc. 401(k) Plan reported participants rose from 6,535 in the plan year 2022 filing to 12,555 in the plan year 2023 filing.
Franchise Group, Inc. 401(k) Plan end-of-year assets rose from $141M in the plan year 2022 filing to $159M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Retail Trade

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Franchise Group, Inc. 401(k) Plan reports 12,555 participants - 16x that state average ($159M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$141M
Net Assets (End of Year)	$158M
Net Income	$18M
Employer EIN	273561876
Plan Effective Date	1995-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Franchise Group, Inc.)

Total plan assets by year, all Franchise Group, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	6,535	$141M
2023	1	12,555	$159M
2024	1	11,705	$149M

Nearby 401(k) Plans in Ohio

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

Franchise Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

GE Retirement Savings Plan $19.5B · 59,766
The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
The Progressive 401(k) Plan $9.2B · 56,176
The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
Nationwide Savings Plan $7.6B · 24,715

Compare Franchise Group, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Franchise Group, Inc. 401(k) Plan

Franchise Group, Inc. 401(k) Plan reports $159M in end-of-year assets across 12,555 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $12,673 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.

This plan identity (EIN 273561876, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $141M to $149M (+6.1%) while covered participants moved from 6,535 to 11,705 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	6,535	$141M	Open filing
2023	12,555	$159M	This page
2024 · index core	11,705	$149M	Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Franchise Group, Inc. 401(k) Plan (401(k), $149M, 11,705 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Franchise Group, Inc. 401(k) Plan by total assets, not by location.

Centers for Advanced Orthopaedics, LLC 401(k) Profit Sharing Plan (MD) $159M · 1,984
Great River Health System, Inc. 401(k) Retirement Plan (IA) $159M · 1,919
Universal Technical Institute, Inc. 401(k) Plan (AZ) $159M · 1,975
Sig Sauer, Inc. 401(k) Plan (NH) $159M · 2,771

Frequently Asked Questions

How did Franchise Group, Inc. 401(k) Plan assets move in 2023? ▼

Franchise Group, Inc. 401(k) Plan grew at a solid clip - up 13.1% during 2023, from $141M to $159M. Reported net income was $18M.

How have Franchise Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Franchise Group, Inc.'s sponsor-wide assets grew 6.1%, from $141M to $149M.

Where does Franchise Group, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Franchise Group, Inc. 401(k) Plan ranks in the 94th 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 Franchise Group, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Centers for Advanced Orthopaedics, LLC 401(k) Profit Sharing Plan in MD ($159M, 1,984 participants).

Next read for Franchise Group, Inc. 401(k) Plan

Filing takeaways

Ways to act on Franchise Group, Inc. 401(k) Plan's numbers.

By total assets, Franchise Group, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Franchise Group, Inc.'s sponsor-wide assets have grown 6.1% since 2022 across 3 plan years on file. More Retail Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 273561876.