401(k) · DOL Form 5500 · 2023

Franklin Products, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
108
Participants Small participant base
75th
Percentile by assets National rank
$214,904
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin Products, Inc. 401(k) Profit Sharing Plan · Sponsored by Franklin Products, Inc. · Connecticut · Manufacturing

$23M in assets, 108 participants

Franklin Products, Inc.'s Franklin Products, Inc. 401(k) Profit Sharing Plan reported $23M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,325 in Manufacturing (18,722 peers)

Coverage in Connecticut

Franklin Products, Inc. 401(k) Profit Sharing Plan covers 108 participants in Connecticut, about 15% of the average Connecticut filer (state average ~718 per filing). Assets: $23M.

#12,325
in Manufacturing (18,722 peers)
+22.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Franklin Products, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Franklin Products, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$23,209,612 Top 25% higher than 75% 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

Franklin Products, 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. Franklin Products, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Franklin Products, Inc. 401(k) Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Franklin Products, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Franklin Products, Inc. 401(k) Profit Sharing Plan reported participants fell from 114 in the plan year 2022 filing to 108 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 061236512 · Franklin Products, Inc. PY 2023 · 401(k)

Franklin Products, Inc. 401(k) Profit Sharing Plan · $23M · 108 · 75th

  • EIN $23M
  • EIN 108
  • EIN 75th
  • EIN 401(k)
  • EIN near Milton Pediatric Retirement Trust
  • EIN ind #12325

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 Manufacturing retirement plans → · Plans in Connecticut →

Franklin Products, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Franklin Products, Inc. 401(k) Profit Sharing PlanFranklin Products, Inc. 401(…$23MMilton Pediatric Retirement TrustMilton Pediatric Retirement …$23MWic Group 401(k) Plan$23MW.W. Wood Products, Inc. 401(k) PlanW.W. Wood Products, Inc. 401…$23MBisco, Inc. 401(k) Profit Sharing PlanBisco, Inc. 401(k) Profit Sh…$23M
End-of-year total assets ($M) among Franklin Products, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN061236512
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Products, Inc.)

Sponsor-wide plan assets over time

All Franklin Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 41.33611455054316% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.9M $26.8M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 114 $19M
2023 1 108 $23M
2024 1 137 $27M

Nearby 401(k) Plans in Connecticut

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

Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Franklin Products, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.023209612 · Participants: 108Franklin Products, Inc. 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Franklin Products, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Milton Pediatric Retirement Trust in MA ($23M); by covered participants it is Winstar Farm 401(k) Plan in KY (108 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Franklin Products, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan grew sharply - up 22.6% during 2023, from $19M to $23M. Reported net income was $4M.
How have Franklin Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Products, Inc.'s sponsor-wide assets grew 41.3%, from $19M to $27M.
Where does Franklin Products, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan ranks in the 75th 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 401(k) plans are similar in size to Franklin Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Milton Pediatric Retirement Trust in MA ($23M, 46 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Winstar Farm 401(k) Plan in KY (108 participants, $4M 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 061236512.

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.