401(k) · DOL Form 5500 · 2024

Franklin Resources, Inc. 401(k) Plan

Data updated 2026-08-25

$2.8B
Total assets Very large vs avg
4,661
Participants Above avg headcount
99th
Percentile by assets National rank
$600,032
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #8,444 in Finance & Insurance (8,549 peers)

Coverage in California

Franklin Templeton 401(k) Retirement Plan covers 4,661 participants in California, 7.4x the typical California plan (state average ~630 per filing). Assets: $2.8B.

#8,444
in Finance & Insurance (8,549 peers)
+26.8%
assets growth YoY
28×
vs typical plan assets (national mean)

Franklin Templeton 401(k) Retirement Plan's outsized position by total assets

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

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

$2,796,746,897 Top 1% higher than 99% 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 Templeton 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Templeton 401(k) Retirement Plan lands in the large band (4,661 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 132670991 · Franklin Resources, Inc. PY 2024 · 401(k)

Franklin Templeton 401(k) Retirement Plan · $2.8B · 4,661 · 99th

  • PCT $2.8B
  • EIN 4,661
  • RANK 99th
  • PHOTO 401(k)
  • IND near Peter Kiewit Sons, Inc. Retirement Savings Plan
  • EOY ind #8444

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 Finance & Insurance retirement plans → · Plans in California →

Franklin Templeton 401(k) Retirement Plan in the asset neighbourhood

U.S. Anesthesia Partners, Inc. 401(k) PlanU.S. Anesthesia Partners, In…$2.8BFranklin Templeton 401(k) Retirement PlanFranklin Templeton 401(k) Re…$2.8BPeter Kiewit Sons, Inc. Retirement Savings PlanPeter Kiewit Sons, Inc. Reti…$2.8BEnergy Transfer LP 401(k) PlanEnergy Transfer LP 401(k) Pl…$2.8BTurner Retirement Investment PlanTurner Retirement Investment…$2.8B
End-of-year total assets ($B) among Franklin Templeton 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$2.8B
Net Income$591M
Employer EIN132670991
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Resources, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$2.8B 46.50058449384842% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $1.91B $2.8B ▲ +46.6%
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 Scatter plot of 6 data points. -50000050000100000150000 0204060 Total assets ($B) Participants Franklin Templeton 401(k) Retirement Plan, Total assets ($B): 2.796746897 · Participants: 4661Franklin Templeton 401(k) Retirement PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Franklin Templeton 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Franklin Templeton 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Peter Kiewit Sons, Inc. Retirement Savings Plan in NE ($2.8B); by covered participants it is Cavco Industries, Inc. 401(k) Plan in AZ (4,661 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,661 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 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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Franklin Templeton 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cavco Industries, Inc. 401(k) Plan in AZ (4,661 participants, $182M 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 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.