401(k) · DOL Form 5500 · 2023

Franchise Management, LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
536
Participants Below avg headcount
35th
Percentile by assets National rank
$5,268
Avg per participant Low balance/head
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Official DOL plan name: Franchise Management 401(k) Plan · Sponsored by Franchise Management, LLC · Kentucky · Food Services & Accommodation

$3M in assets, 536 participants

Franchise Management, LLC's Franchise Management 401(k) Plan reported $3M in total assets and 536 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,706 in Food Services & Accommodation (3,828 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Franchise Management 401(k) Plan ranks #2,706 of 3,828 2023 filers by assets (693% of the sector average)-$3M for 536 participants.

#2,706
in Food Services & Accommodation (3,828 peers)
+52.4%
assets growth YoY

Franchise Management 401(k) Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Franchise Management 401(k) Plan vs every filed plan by assets

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

$2,823,678 35th percentile higher than 35% 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

Franchise Management 401(k) Plan 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. Franchise Management 401(k) Plan sits mid-pack in the medium band (536 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Franchise Management 401(k) Plan reported net income rose from $207K in the plan year 2022 filing to $971K in the plan year 2023 filing.
  • Franchise Management 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Franchise Management 401(k) Plan reported participants rose from 528 in the plan year 2022 filing to 536 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 832655438 · Franchise Management, LLC PY 2023 · 401(k)

Franchise Management 401(k) Plan · $3M · 536 · 35th

  • SCH $3M
  • SCH 536
  • SCH 35th
  • SCH 401(k)
  • SCH near Family Resources, Inc. 401(k) Plan
  • SCH ind #2706

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 Food Services & Accommodation retirement plans → · Plans in Kentucky →

Franchise Management 401(k) Plan in the asset neighbourhood

Franchise Management 401(k) PlanFranchise Management 401(k) …$3MFamily Resources, Inc. 401(k) PlanFamily Resources, Inc. 401(k…$3MSynergy Services Inc. 401(k) PlanSynergy Services Inc. 401(k)…$3MFrank Hajek & Associates Retirement Plan TrustFrank Hajek & Associates Ret…$3MSection 401(k) Retirement Plan for Community Action Planning Council of Jefferson Co., Inc.Section 401(k) Retirement Pl…$3M
End-of-year total assets ($M) among Franchise Management 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$971K
Employer EIN832655438
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franchise Management, LLC)

Sponsor-wide plan assets over time

All Franchise Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$5M 156.6137309075519% vs 2022
2024 filing year
$1M$2M$3M$4M$5M$6M 202220232024 $1.85M $4.75M ▲ +156.8%
Year Plans Participants Total Assets
2022 1 528 $2M
2023 1 536 $3M
2024 1 577 $5M

Nearby 401(k) Plans in Kentucky

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

Franchise Management 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Franchise Management 401(k) Plan, Total assets ($B): 0.002823678 · Participants: 536Franchise Management 401(k) PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Franchise Management 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Franchise Management 401(k) Plan side-by-side with 3 peers →

Franchise Management 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Family Resources, Inc. 401(k) Plan in IA ($3M); by covered participants it is Zenith Freight Lines, LLC 401 (K) Plan in NC (536 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (536 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 Franchise Management 401(k) Plan assets move in 2023? ▼
Franchise Management 401(k) Plan surged - up 52.4% during 2023, from $2M to $3M. Reported net income was $971K.
How have Franchise Management, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franchise Management, LLC's sponsor-wide assets grew 156.6%, from $2M to $5M.
Which 401(k) plans are similar in size to Franchise Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Family Resources, Inc. 401(k) Plan in IA ($3M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Franchise Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Zenith Freight Lines, LLC 401 (K) Plan in NC (536 participants, N/A 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 832655438.

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.