Other · DOL Form 5500 · 2023

The Franklin Academy Inc. Retirement Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
104
Participants Small participant base
36th
Percentile by assets National rank
$29,228
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Franklin Academy Defined Contribution Plan · Sponsored by The Franklin Academy Inc. · Connecticut · Educational Services

$3M in assets, 104 participants

The Franklin Academy Inc.'s The Franklin Academy Defined Contribution Plan reported $3M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #884 in Educational Services (3,735 peers)

Coverage in Connecticut

The Franklin Academy Defined Contribution Plan covers 104 participants in Connecticut, about 14% of the average Connecticut filer (state average ~718 per filing). Assets: $3M.

#884
in Educational Services (3,735 peers)
+7.0%
assets growth YoY

The Franklin Academy Defined Contribution Plan's mid-pack asset rank among Educational Services and all filers

The Franklin Academy Defined Contribution Plan vs every filed plan by assets

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

$3,039,665 36th percentile higher than 36% 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 Academy Defined Contribution 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. The Franklin Academy Defined Contribution Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Franklin Academy Defined Contribution Plan reported net income rose from -$436K in the plan year 2022 filing to $200K in the plan year 2023 filing.
  • The Franklin Academy Defined Contribution Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 223843855 · The Franklin Academy Inc. PY 2023 · Other

The Franklin Academy Defined Contribution Plan · $3M · 104 · 36th

  • PART $3M
  • TYPE 104
  • NET 36th
  • BOOK Other
  • VS-ST near Trust Under Grier School Plan
  • BOY ind #884

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 Educational Services retirement plans → · Plans in Connecticut →

The Franklin Academy Defined Contribution Plan in the asset neighbourhood

Resilient Health 403(b) Plan$3MGateway Community Services Matched Savings PlanGateway Community Services M…$3MThe Franklin Academy Defined Contribution PlanThe Franklin Academy Defined…$3MTrust Under Grier School Plan$3MPittsburgh Parks Conservancy 403(b) Defined Contribution PlanPittsburgh Parks Conservancy…$3M
End-of-year total assets ($M) among The Franklin Academy Defined Contribution Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$200K
Employer EIN223843855
Plan Effective Date2006-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Franklin Academy Inc.)

Sponsor-wide plan assets over time

All The Franklin Academy Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 8.524061079356898% vs 2022
2024 filing year
$2.8M$2.9M$3M$3.1M$3.2M 202220232024 $2.84M $3.08M ▲ +8.5%
Year Plans Participants Total Assets
2022 1 103 $3M
2023 1 104 $3M
2024 1 103 $3M

Nearby Other Plans in Connecticut

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

The Franklin Academy Defined Contribution Plan vs. nearby Other plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants The Franklin Academy Defined Contribution Plan, Total assets ($B): 0.003039665 · Participants: 104The Franklin Academy Defined Contribution PlanYale University Retirement Account Plan, Total assets ($B): 7.406887292 · Participants: 12259Yale University Retirement Account PlanYale-New Haven Hospital and Tax Exempt Affiliates Tax Sheltered Annuity Plan, Total assets ($B): 1.999824405 · Participants: 22121Yale-New Haven Hospital and Tax Exempt Affiliates Tax Sheltered Annuity PlanYale University Tax-Deferred 403(b) Savings Plan, Total assets ($B): 0.840086772 · Participants: 18754Yale University Tax-Deferred 403(b) Savings PlanNuvance Health 403(b) Plan (F/K/a Health Quest Systems, Inc. Tax Deferred Annuity Plan), Total assets ($B): 0.705011479 · Participants: 2287Nuvance Health 403(b) Plan (F/K/a Health Quest Systems, Inc. Tax Deferred Annuity Plan)Hartford Healthcare 403(b)Plan, Total assets ($B): 0.642937869 · Participants: 5192Hartford Healthcare 403(b)Plan
The Franklin Academy Defined Contribution Plan vs. nearby Other plans in Connecticut, assets vs. participants
Compare The Franklin Academy Defined Contribution Plan side-by-side with 3 peers →

The Franklin Academy Defined Contribution Plan's out-of-state Other peers by assets and headcount

Outside Connecticut, the nearest Other by assets is Trust Under Grier School Plan in PA ($3M); by covered participants it is Mayfield Junior School of the Holy Child Jesus Defined Contribution Retirement Plan in CA (104 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Academy Defined Contribution Plan assets move in 2023? ▼
The Franklin Academy Defined Contribution Plan grew at a solid clip - up 7.0% during 2023, from $3M to $3M. Reported net income was $200K.
How have The Franklin Academy Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Franklin Academy Inc.'s sponsor-wide assets grew 8.5%, from $3M to $3M.
Which Other plans are similar in size to The Franklin Academy Defined Contribution Plan? ▼
Among Other plans in other states, the closest by assets is Trust Under Grier School Plan in PA ($3M, N/A participants).
Which Other plans cover a similar participant headcount to The Franklin Academy Defined Contribution Plan? ▼
Among Other plans in other states, the closest by covered participants is Mayfield Junior School of the Holy Child Jesus Defined Contribution Retirement Plan in CA (104 participants, $24M 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 223843855.

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.