Defined Benefit (Pension) · DOL Form 5500 · 2023

The Franklin Institute Pension Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
24
Participants Small participant base
55th
Percentile by assets National rank
$346,443
Avg per participant High balance/head
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Official DOL plan name: The Franklin Institute Retirement Income Plan II · Sponsored by The Franklin Institute · Pennsylvania · Arts, Entertainment & Recreation

$8M in assets, 24 participants

The Franklin Institute's The Franklin Institute Retirement Income Plan II reported $8M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #2,100 in Arts, Entertainment & Recreation (2,945 peers)

The Franklin Institute multi-year trail

The Franklin Institute's plans moved +25.3% in assets from 2022 to 2024; this filing shows The Franklin Institute Retirement Income Plan II at $8M / 24 participants.

#2,100
in Arts, Entertainment & Recreation (2,945 peers)
+5.4%
assets growth YoY

The Franklin Institute Retirement Income Plan II's mid-pack asset rank among Arts, Entertainment & Recreation and all filers

The Franklin Institute Retirement Income Plan II vs every filed plan by assets

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

$8,314,642 Top 45% higher than 55% 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 Income Plan II among smaller 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 Income Plan II is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Franklin Institute Retirement Income Plan II reported net income rose from -$3M in the plan year 2022 filing to $427K in the plan year 2023 filing.
  • The Franklin Institute Retirement Income Plan II end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • The Franklin Institute Retirement Income Plan II reported participants fell from 25 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 231370501 · The Franklin Institute PY 2023 · Defined Benefit (Pension)

The Franklin Institute Retirement Income Plan II · $8M · 24 · 55th

  • BOY $8M
  • BOY 24
  • BOY 55th
  • BOY Defined Benefit (Pension)
  • BOY near Laner Muchin Ltd Employees Pension Plan
  • BOY ind #2100

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 Income Plan II in the asset neighbourhood

The Baltimore Sun Company Retirement Plan for MailersThe Baltimore Sun Company Re…$8MLaner Muchin Ltd Employees Pension PlanLaner Muchin Ltd Employees P…$8MThe Franklin Institute Retirement Income Plan IIThe Franklin Institute Retir…$8MC-E Minerals Inc Retiree Health Capital Accumulation PlanC-E Minerals Inc Retiree Hea…$8MLeviton Employees Defined Benefit Pension PlanLeviton Employees Defined Be…$8M
End-of-year total assets ($M) among The Franklin Institute Retirement Income Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

The Franklin Institute multi-year asset trail

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

The Franklin Institute filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$427K
Employer EIN231370501
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Franklin Institute Retirement Income Plan II vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Franklin Institute Retirement Income Plan II, Total assets ($B): 0.008314642 · Participants: 24The Franklin Institute Retirement Income Plan IINational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
The Franklin Institute Retirement Income Plan II vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare The Franklin Institute Retirement Income Plan II side-by-side with 3 peers →

The Franklin Institute Retirement Income Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Laner Muchin Ltd Employees Pension Plan in IL ($8M); by covered participants it is Horus Technology Solutions, Inc. Cash Balance Plan in MD (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Income Plan II assets move in 2023? ▼
The Franklin Institute Retirement Income Plan II grew at a solid clip - up 5.4% during 2023, from $8M to $8M. Reported net income was $427K.
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 Defined Benefit (Pension) plans are similar in size to The Franklin Institute Retirement Income Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laner Muchin Ltd Employees Pension Plan in IL ($8M, 53 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Franklin Institute Retirement Income Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horus Technology Solutions, Inc. Cash Balance Plan in MD (24 participants, $2M in assets).

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 231370501.

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.