401(k) · DOL Form 5500 · 2024

Franklin Elevator Inc 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
7
Participants Small participant base
29th
Percentile by assets National rank
$272,436
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Franklin Elevator Inc Retirement Plan · Sponsored by Franklin Elevator Inc · Illinois · Wholesale Trade

$2M in assets, 7 participants

Franklin Elevator Inc's Franklin Elevator Inc Retirement Plan reported $2M in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #1,086 in Wholesale Trade (6,080 peers)

Franklin Elevator Inc multi-year trail

Franklin Elevator Inc's plans moved +48.1% in assets from 2022 to 2024; this filing shows Franklin Elevator Inc Retirement Plan at $2M / 7 participants.

#1,086
in Wholesale Trade (6,080 peers)
+24.1%
assets growth YoY

Franklin Elevator Inc Retirement Plan among the smaller filed plans by assets

Franklin Elevator Inc Retirement Plan vs every filed plan by assets

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

$1,907,051 29th percentile higher than 29% 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 Elevator Inc Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Elevator Inc Retirement Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Elevator Inc Retirement Plan reported net income rose from $249K in the plan year 2023 filing to $371K in the plan year 2024 filing.
  • Franklin Elevator Inc Retirement Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Franklin Elevator Inc Retirement Plan reported participants fell from 9 in the plan year 2023 filing to 7 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 370973412 · Franklin Elevator Inc PY 2024 · 401(k)

Franklin Elevator Inc Retirement Plan · $2M · 7 · 29th

  • ASSETS $2M
  • PCT 7
  • EIN 29th
  • RANK 401(k)
  • PHOTO near Good Care Agency 401(k) Plan
  • IND ind #1086

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 Wholesale Trade retirement plans → · Plans in Illinois →

Franklin Elevator Inc Retirement Plan in the asset neighbourhood

Franklin Elevator Inc Retirement PlanFranklin Elevator Inc Retire…$2MGood Care Agency 401(k) Plan$2MNeurology & Neurodiagnostics of Alabama, LLC 401(k) Profit Sharing PlanNeurology & Neurodiagnostics…$2MSouthwest Louisiana Area Health Education Center 401(k) PlanSouthwest Louisiana Area Hea…$2MScott D. Erler, D.D.S., P.C. Profit Sharing PlanScott D. Erler, D.D.S., P.C.…$2M
End-of-year total assets ($M) among Franklin Elevator Inc Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Franklin Elevator Inc multi-year asset trail

Sponsor-wide plan assets over time

All Franklin Elevator Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 48.08734046287122% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.29M $1.91M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 8 $1M
2023 1 9 $2M
2024 1 7 $2M

Franklin Elevator Inc filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$371K
Employer EIN370973412
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Franklin Elevator Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Franklin Elevator Inc Retirement Plan, Total assets ($B): 0.001907051 · Participants: 7Franklin Elevator Inc Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Franklin Elevator Inc Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Franklin Elevator Inc Retirement Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Good Care Agency 401(k) Plan in NY ($2M); by covered participants it is Nexvisionix, Inc. 401(k) Plan in CA (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 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 Elevator Inc Retirement Plan assets move in 2024? ▼
Franklin Elevator Inc Retirement Plan grew sharply - up 24.1% during 2024, from $2M to $2M. Reported net income was $371K.
How have Franklin Elevator Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Elevator Inc's sponsor-wide assets grew 48.1%, from $1M to $2M.
Which 401(k) plans are similar in size to Franklin Elevator Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Good Care Agency 401(k) Plan in NY ($2M, 2,135 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Elevator Inc Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nexvisionix, Inc. 401(k) Plan in CA (7 participants, N/A 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 370973412.

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.