Profit Sharing · DOL Form 5500 · 2023

Franklin Road Academy Profit Sharing Plan

Data updated 2026-08-11

$24M
Total assets
190
Participants
76th
Percentile by assets
$125,366
Avg per participant
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Official DOL plan name: Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy · Sponsored by Franklin Road Academy · Tennessee · Educational Services

$24M in assets, 190 participants

Franklin Road Academy's Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy reported $24M in total assets and 190 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 127,072 plans)
  • #2,227 in Educational Services (3,735 peers)

Coverage in Tennessee

Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy covers 190 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $24M.

$24M
total plan assets (2023 EOY)
190
covered participants
76th
percentile by assets (of 127,072 plans)
$125,366
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy end-of-year assets rose from $20M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy reported participants rose from 185 in the plan year 2022 filing to 190 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy reports 190 participants - about 17% of that state average ($24M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN621138075
Plan Effective Date1982-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Road Academy)

$15M$20M$25M$30M 202220232024 $20.1M $27.3M â–˛ +35.8%
Total plan assets by year, all Franklin Road Academy plans on file
Year Plans Participants Total Assets
2022 1 185 $20M
2023 1 190 $24M
2024 1 192 $27M

Nearby Profit Sharing Plans in Tennessee

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 0100200300400500600 Total assets ($M) Participants Tiaa-Cref Retirement…Ballad Health 401(a)…Shreveport Electrica…New Orleans Electric…Ulps Employee Saving…Gerber/Taylor Capita…
Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy by total assets, not by location.

Frequently Asked Questions

How did Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy assets move in 2023?
Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy grew sharply - up 18.4% during 2023, from $20M to $24M. Reported net income was $4M.
How have Franklin Road Academy plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin Road Academy's sponsor-wide assets grew 35.8%, from $20M to $27M.
Where does Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy rank by assets among Form 5500 filers?
Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy?
Among Profit Sharing plans in other states, the closest by assets is Auto Investment, Inc. 401(k) Plan in AL ($24M, 392 participants).

Next read for Tiaa-Cref Retirement Plan for Employees …

Filing takeaways

Ways to act on Tiaa-Cref Retirement Plan for Employees of Franklin Road Academy's numbers.