401(k) · DOL Form 5500 · 2024

Franklin Corporation 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
658
Participants Below avg headcount
61st
Percentile by assets National rank
$19,199
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Franklin Corporation 401(k) Plan · Sponsored by Franklin Corporation · Mississippi · Manufacturing

$13M in assets, 658 participants

Franklin Corporation's Franklin Corporation 401(k) Plan reported $13M in total assets and 658 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,496 in Manufacturing (17,777 peers)

Franklin Corporation multi-year trail

Franklin Corporation's plans moved +25.1% in assets from 2022 to 2024; this filing shows Franklin Corporation 401(k) Plan at $13M / 658 participants.

#8,496
in Manufacturing (17,777 peers)
+7.1%
assets growth YoY

Franklin Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Franklin Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,633,052 Top 39% higher than 61% of 123,620 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 2024

Franklin Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Corporation 401(k) Plan sits mid-pack in the medium band (658 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Corporation 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $835K in the plan year 2024 filing.
  • Franklin Corporation 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Franklin Corporation 401(k) Plan reported participants fell from 694 in the plan year 2023 filing to 658 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 640478766 · Franklin Corporation PY 2024 · 401(k)

Franklin Corporation 401(k) Plan · $13M · 658 · 61st

  • IND $13M
  • IND 658
  • IND 61st
  • IND 401(k)
  • IND near Jes Tech 401(k) Plan
  • IND ind #8496

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 Mississippi →

Franklin Corporation 401(k) Plan in the asset neighbourhood

Franklin Corporation 401(k) PlanFranklin Corporation 401(k) …$13MJes Tech 401(k) Plan$13MGmt Corporation 401(k) Profit Sharing PlanGmt Corporation 401(k) Profi…$13MSouthern Multifoods, LLC and Affiliates 401(k) PlanSouthern Multifoods, LLC and…$13MAnchor Group Management, Inc.$13M
End-of-year total assets ($M) among Franklin Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Franklin Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Franklin Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$13M 25.13682729079042% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10.1M $12.6M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 779 $10M
2023 1 694 $12M
2024 1 658 $13M

Franklin Corporation filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$835K
Employer EIN640478766
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

Franklin Corporation 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Franklin Corporation 401(k) Plan, Total assets ($M): 12.633052 · Participants: 658Franklin Corporation 401(k) PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau and Adopting Companies 401(k) Plan
Franklin Corporation 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Franklin Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Jes Tech 401(k) Plan in TX ($13M); by covered participants it is Salem Five 401(k) Retirement Plan in MA (658 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (658 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Franklin Corporation 401(k) Plan assets move in 2024? ▼
Franklin Corporation 401(k) Plan grew at a solid clip - up 7.1% during 2024, from $12M to $13M. Reported net income was $835K.
How have Franklin Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Corporation's sponsor-wide assets grew 25.1%, from $10M to $13M.
Which 401(k) plans are similar in size to Franklin Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jes Tech 401(k) Plan in TX ($13M, 207 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Salem Five 401(k) Retirement Plan in MA (658 participants, $108M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 640478766.

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.