401(k) · DOL Form 5500 · 2024

Franklin Resources, Inc. 401(k) Plan

Data updated 2026-08-06

$2.8B
Total assets: 4,661
Participants: 99th
Percentile by assets: $600,032
Avg per participant

Official DOL plan name: Franklin Templeton 401(k) Retirement Plan · Sponsored by Franklin Resources, Inc. · California · Finance & Insurance

$2.8B in assets, 4,661 participants

Franklin Resources, Inc.'s Franklin Templeton 401(k) Retirement Plan reported $2.8B in total assets and 4,661 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in California

Franklin Templeton 401(k) Retirement Plan covers 4,661 participants in California, 7.3x the typical California plan (state average ~637 per filing). Assets: $2.8B.

$2.8B
total plan assets (2024 EOY): 4,661
covered participants: 99th
percentile by assets (of 116,472 plans): $600,032
avg assets per participant

Franklin Templeton 401(k) Retirement Plan reported net income rose from $297M in the plan year 2023 filing to $591M in the plan year 2024 filing.
Franklin Templeton 401(k) Retirement Plan end-of-year assets rose from $2.2B in the plan year 2023 filing to $2.8B in the plan year 2024 filing.
Franklin Templeton 401(k) Retirement Plan reported participants rose from 3,755 in the plan year 2023 filing to 4,661 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

California

Industry

Finance & Insurance

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Franklin Templeton 401(k) Retirement Plan reports 4,661 participants - 7.3x that state average ($2.8B EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$2.2B
Net Assets (End of Year)	$2.8B
Net Income	$591M
Employer EIN	132670991
Plan Effective Date	1981-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Franklin Resources, Inc.)

Total plan assets by year, all Franklin Resources, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	4,135	$1.9B
2023	1	3,755	$2.2B
2024	1	4,661	$2.8B

Nearby 401(k) Plans in California

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

Franklin Templeton 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Google LLC 401(k) Savings Plan $48.7B · 116,712
Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
Intel 401(k) Savings Plan $24.9B · 55,298
Apple 401(k) Plan $24.7B · 101,450
Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452

Compare Franklin Templeton 401(k) Retirement Pla… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Franklin Templeton 401(k) Retirement Plan by total assets, not by location.

Peter Kiewit Sons, Inc. Retirement Savings Plan (NE) $2.8B · 17,030
Energy Transfer LP 401(k) Plan (TX) $2.8B · 12,012
Turner Retirement Investment Plan (NY) $2.8B · 7,480
U.S. Anesthesia Partners, Inc. 401(k) Plan (TX) $2.8B · 5,642

Frequently Asked Questions

How did Franklin Templeton 401(k) Retirement Plan assets move in 2024? ▼

Franklin Templeton 401(k) Retirement Plan grew sharply - up 26.8% during 2024, from $2.2B to $2.8B. Reported net income was $591M.

How have Franklin Resources, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Franklin Resources, Inc.'s sponsor-wide assets grew 46.5%, from $1.9B to $2.8B.

Where does Franklin Templeton 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Franklin Templeton 401(k) Retirement Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Franklin Templeton 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Peter Kiewit Sons, Inc. Retirement Savings Plan in NE ($2.8B, 17,030 participants).

Next read for Franklin Templeton 401(k) Retirement Pla…

Filing takeaways

Ways to act on Franklin Templeton 401(k) Retirement Plan's numbers.

By total assets, Franklin Templeton 401(k) Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
Franklin Resources, Inc.'s sponsor-wide assets have grown 46.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 132670991.

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.