401(k) · DOL Form 5500 · 2023

Franchise Management Services, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
342
Participants Below avg headcount
59th
Percentile by assets National rank
$29,399
Avg per participant Low balance/head
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Official DOL plan name: Franchise Management Services, Inc. 401(k) Profit Sharing Plan · Sponsored by Franchise Management Services, Inc. · Maryland · Food Services & Accommodation

$10M in assets, 342 participants

Franchise Management Services, Inc.'s Franchise Management Services, Inc. 401(k) Profit Sharing Plan reported $10M in total assets and 342 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,303 in Food Services & Accommodation (3,828 peers)

Coverage in Maryland

Franchise Management Services, Inc. 401(k) Profit Sharing Plan covers 342 participants in Maryland, about 37% of the average Maryland filer (state average ~929 per filing). Assets: $10M.

#3,303
in Food Services & Accommodation (3,828 peers)
+27.9%
assets growth YoY

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

Franchise Management Services, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,054,521 Top 41% higher than 59% 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 Services, Inc. 401(k) Profit Sharing 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 Services, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (342 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Franchise Management Services, Inc. 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Franchise Management Services, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Franchise Management Services, Inc. 401(k) Profit Sharing Plan reported participants rose from 327 in the plan year 2022 filing to 342 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 522329836 · Franchise Management Services, Inc. PY 2023 · 401(k)

Franchise Management Services, Inc. 401(k) Profit Sharing Plan · $10M · 342 · 59th

  • TYPE $10M
  • NET 342
  • BOOK 59th
  • VS-ST 401(k)
  • BOY near U.S. Money Reserve 401(k) Plan
  • SCH ind #3303

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 Maryland →

Franchise Management Services, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Abode Communities 401(k) Profit Sharing Plan and TrustAbode Communities 401(k) Pro…$10MFranchise Management Services, Inc. 401(k) Profit Sharing PlanFranchise Management Service…$10MU.S. Money Reserve 401(k) PlanU.S. Money Reserve 401(k) Pl…$10MMethodist Retirement Communities & Its Affiliated Organizations Associates 401(k) PlanMethodist Retirement Communi…$10MMason, Bruce & Girard, Inc. Employees' 401(k) Profit Sharing PlanMason, Bruce & Girard, Inc. …$10M
End-of-year total assets ($M) among Franchise Management Services, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN522329836
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franchise Management Services, Inc.)

Sponsor-wide plan assets over time

All Franchise Management Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 62.53630128148519% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.86M $12.8M ▲ +62.5%
Year Plans Participants Total Assets
2022 1 327 $8M
2023 1 342 $10M
2024 1 366 $13M

Nearby 401(k) Plans in Maryland

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

Franchise Management Services, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Franchise Management Services, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.010054521 · Participants: 342Franchise Management Services, Inc. 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Franchise Management Services, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Franchise Management Services, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is U.S. Money Reserve 401(k) Plan in TX ($10M); by covered participants it is 403(b) Thrift Plan for Employees of Enmrsh, Inc. in NM (342 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (342 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 Services, Inc. 401(k) Profit Sharing Plan assets move in 2023?
Franchise Management Services, Inc. 401(k) Profit Sharing Plan grew sharply - up 27.9% during 2023, from $8M to $10M. Reported net income was $2M.
How have Franchise Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Franchise Management Services, Inc.'s sponsor-wide assets grew 62.5%, from $8M to $13M.
Which 401(k) plans are similar in size to Franchise Management Services, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is U.S. Money Reserve 401(k) Plan in TX ($10M, 257 participants).
Which 401(k) plans cover a similar participant headcount to Franchise Management Services, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is 403(b) Thrift Plan for Employees of Enmrsh, Inc. in NM (342 participants, $4M in assets).