401(k) · DOL Form 5500 · 2024

1st Franklin Financial Corporation 401(k) Plan

Data updated 2026-08-25

$112M
Total assets Near avg plan size
1,680
Participants Near avg headcount
91st
Percentile by assets National rank
$66,468
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 1st Franklin Financial 401(k) Retirement Plan · Sponsored by 1st Franklin Financial Corporation · Georgia · Finance & Insurance

$112M in assets, 1,680 participants

1st Franklin Financial Corporation's 1st Franklin Financial 401(k) Retirement Plan reported $112M in total assets and 1,680 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,376 in Finance & Insurance (8,549 peers)

Where 1st Franklin Financial 401(k) Retirement Plan sits by assets

1st Franklin Financial 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $112M for 1,680 participants (~$66,468/participant), up 9.0% in 2024.

#7,376
in Finance & Insurance (8,549 peers)
+9.0%
assets growth YoY
1.1×
vs typical plan assets (national mean)

1st Franklin Financial 401(k) Retirement Plan's outsized position by total assets

1st Franklin Financial 401(k) Retirement Plan vs every filed plan by assets

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

$111,666,936 Top 9% higher than 91% 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

1st Franklin Financial 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. 1st Franklin Financial 401(k) Retirement Plan lands in the large band (1,680 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 1st Franklin Financial 401(k) Retirement Plan reported net income fell from $14M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • 1st Franklin Financial 401(k) Retirement Plan end-of-year assets rose from $102M in the plan year 2023 filing to $112M in the plan year 2024 filing.
  • 1st Franklin Financial 401(k) Retirement Plan reported participants rose from 1,555 in the plan year 2023 filing to 1,680 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 580521233 · 1st Franklin Financial Corporation PY 2024 · 401(k)

1st Franklin Financial 401(k) Retirement Plan · $112M · 1,680 · 91st

  • TYPE $112M
  • NET 1,680
  • BOOK 91st
  • VS-ST 401(k)
  • BOY near Nelson Irrigation Corporation 401(k) and Profit Sharing Plan
  • SCH ind #7376

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 Georgia →

1st Franklin Financial 401(k) Retirement Plan in the asset neighbourhood

Apex Companies, LLC 401(k) PlanApex Companies, LLC 401(k) P…$112MCoalfire Systems, Inc. 401(k) PlanCoalfire Systems, Inc. 401(k…$112M1st Franklin Financial 401(k) Retirement Plan1st Franklin Financial 401(k…$112MNelson Irrigation Corporation 401(k) and Profit Sharing PlanNelson Irrigation Corporatio…$112MPension Plan for the Local Union No. 131 International Brotherhood of Electrical WrkrsPension Plan for the Local U…$112M
End-of-year total assets ($M) among 1st Franklin Financial 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$112M
Net Income$9M
Employer EIN580521233
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Franklin Financial Corporation)

Sponsor-wide plan assets over time

All 1st Franklin Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$112M 26.615741182477432% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $88.2M $112M ▲ +26.6%
Year Plans Participants Total Assets
2022 1 1,453 $88M
2023 1 1,555 $102M
2024 1 1,680 $112M

Nearby 401(k) Plans in Georgia

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

1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants 1st Franklin Financial 401(k) Retirement Plan, Total assets ($B): 0.111666936 · Participants: 16801st Franklin Financial 401(k) Retirement PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
1st Franklin Financial 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare 1st Franklin Financial 401(k) Retirement Plan side-by-side with 3 peers →

1st Franklin Financial 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Nelson Irrigation Corporation 401(k) and Profit Sharing Plan in WA ($112M); by covered participants it is Dnv USA, Inc. 401(k) Plan in TX (1,680 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,680 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 1st Franklin Financial 401(k) Retirement Plan assets move in 2024? ▼
1st Franklin Financial 401(k) Retirement Plan grew at a solid clip - up 9.0% during 2024, from $102M to $112M. Reported net income was $9M.
How have 1st Franklin Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 1st Franklin Financial Corporation's sponsor-wide assets grew 26.6%, from $88M to $112M.
Where does 1st Franklin Financial 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
1st Franklin Financial 401(k) Retirement Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to 1st Franklin Financial 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nelson Irrigation Corporation 401(k) and Profit Sharing Plan in WA ($112M, 203 participants).
Which 401(k) plans cover a similar participant headcount to 1st Franklin Financial 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dnv USA, Inc. 401(k) Plan in TX (1,680 participants, $519M 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 580521233.

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.