401(k) · DOL Form 5500 · 2024

Franklin State Bank & Trust Co. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
56
Participants Small participant base
53rd
Percentile by assets National rank
$158,995
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin State Bank & Trust Co. 401(k) Plan · Sponsored by Franklin State Bank & Trust Co. · Louisiana · Finance & Insurance

$9M in assets, 56 participants

Franklin State Bank & Trust Co.'s Franklin State Bank & Trust Co. 401(k) Plan reported $9M in total assets and 56 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,186 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Franklin State Bank & Trust Co. 401(k) Plan holds $9M for 56 participants - about $158,995 per participant, above the median plan by assets.

#3,186
in Finance & Insurance (8,549 peers)
-3.9%
assets change YoY

The plan reported a net loss of $366K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin State Bank & Trust Co. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Franklin State Bank & Trust Co. 401(k) Plan vs every filed plan by assets

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

$8,903,730 Top 47% higher than 53% 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 State Bank & Trust Co. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin State Bank & Trust Co. 401(k) Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin State Bank & Trust Co. 401(k) Plan reported net income fell from $944K in the plan year 2023 filing to -$366K in the plan year 2024 filing.
  • Franklin State Bank & Trust Co. 401(k) Plan reported participants rose from 42 in the plan year 2023 filing to 56 in the plan year 2024 filing.
  • Franklin State Bank & Trust Co. 401(k) Plan end-of-year assets fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 720188710 · Franklin State Bank & Trust Co. PY 2024 · 401(k)

Franklin State Bank & Trust Co. 401(k) Plan · $9M · 56 · 53rd

  • PHOTO $9M
  • IND 56
  • EOY 53rd
  • 5500 401(k)
  • ASSETS near Residential Resources Profit Sharing 401(k) Plan
  • PCT ind #3186

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 Louisiana →

Franklin State Bank & Trust Co. 401(k) Plan in the asset neighbourhood

Franklin State Bank & Trust Co. 401(k) PlanFranklin State Bank & Trust …$9MResidential Resources Profit Sharing 401(k) PlanResidential Resources Profit…$9MLevander, Gillen & Miller, P.a. 401(k) PlanLevander, Gillen & Miller, P…$9MTakako America Co., Inc. Employees 401(k) Retirement PlanTakako America Co., Inc. Emp…$9MEis Holdings 401(k) Plan$9M
End-of-year total assets ($M) among Franklin State Bank & Trust Co. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$366K
Employer EIN720188710
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin State Bank & Trust Co.)

Sponsor-wide plan assets over time

All Franklin State Bank & Trust Co. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 6.942809445411932% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M 202220232024 $8.33M $8.9M ▲ +6.8%
Year Plans Participants Total Assets
2022 1 47 $8M
2023 1 42 $9M
2024 1 56 $9M

Nearby 401(k) Plans in Louisiana

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

Franklin State Bank & Trust Co. 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Franklin State Bank & Trust Co. 401(k) Plan, Total assets ($B): 0.00890373 · Participants: 56Franklin State Bank & Trust Co. 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.295025591 · Participants: 26319Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 4.363805537 · Participants: 9655Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.6891375 · Participants: 32229Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 1.01914034 · Participants: 13357Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.954895996 · Participants: 18862Amedisys Holding, LLC 401(k) Plan
Franklin State Bank & Trust Co. 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare Franklin State Bank & Trust Co. 401(k) Plan side-by-side with 3 peers →

Franklin State Bank & Trust Co. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Residential Resources Profit Sharing 401(k) Plan in CA ($9M); by covered participants it is Pilot Corporation of America Employees' 401(k) Plan in FL (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 State Bank & Trust Co. 401(k) Plan assets move in 2024? ▼
Franklin State Bank & Trust Co. 401(k) Plan edged down modestly - down 3.9% during 2024, from $9M to $9M. Reported net income was -$366K.
How have Franklin State Bank & Trust Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin State Bank & Trust Co.'s sponsor-wide assets grew 6.9%, from $8M to $9M.
Which 401(k) plans are similar in size to Franklin State Bank & Trust Co. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Residential Resources Profit Sharing 401(k) Plan in CA ($9M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Franklin State Bank & Trust Co. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pilot Corporation of America Employees' 401(k) Plan in FL (56 participants, $10M 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 720188710.

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.