Other · DOL Form 5500 · 2024

Franklin College of Indiana Retirement Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
266
Participants Below avg headcount
86th
Percentile by assets National rank
$229,799
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin College 403(b) Retirement and Tax Deferred Annuity Plan · Sponsored by Franklin College of Indiana · Indiana · Educational Services

$61M in assets, 266 participants

Franklin College of Indiana's Franklin College 403(b) Retirement and Tax Deferred Annuity Plan reported $61M in total assets and 266 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #2,742 in Educational Services (3,638 peers)

Coverage in Indiana

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan covers 266 participants in Indiana, about 49% of the average Indiana filer (state average ~541 per filing). Assets: $61M.

#2,742
in Educational Services (3,638 peers)
+3.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan's outsized position by total assets

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan vs every filed plan by assets

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

$61,126,516 Top 14% higher than 86% 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 College 403(b) Retirement and Tax Deferred Annuity Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin College 403(b) Retirement and Tax Deferred Annuity Plan sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin College 403(b) Retirement and Tax Deferred Annuity Plan reported net income fell from $6M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Franklin College 403(b) Retirement and Tax Deferred Annuity Plan end-of-year assets rose from $59M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Franklin College 403(b) Retirement and Tax Deferred Annuity Plan reported participants fell from 274 in the plan year 2023 filing to 266 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 350868086 · Franklin College of Indiana PY 2024 · Other

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan · $61M · 266 · 86th

  • 5500 $61M
  • 5500 266
  • 5500 86th
  • 5500 Other
  • 5500 near Norfolk Academy Pre-Tax Savings and Retirement Plan
  • 5500 ind #2742

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 Educational Services retirement plans → · Plans in Indiana →

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan in the asset neighbourhood

Oup USA Tax Deferred Annuity PlanOup USA Tax Deferred Annuity…$61MFranklin College 403(b) Retirement and Tax Deferred Annuity PlanFranklin College 403(b) Reti…$61MNorfolk Academy Pre-Tax Savings and Retirement PlanNorfolk Academy Pre-Tax Savi…$61MCenter on Budget and Policy Priorities 403(b) Retirement PlanCenter on Budget and Policy …$61MFrancis Parker School 403(b) PlanFrancis Parker School 403(b)…$61M
End-of-year total assets ($M) among Franklin College 403(b) Retirement and Tax Deferred Annuity Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$61M
Net Income$2M
Employer EIN350868086
Plan Effective Date1947-07-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin College of Indiana)

Sponsor-wide plan assets over time

All Franklin College of Indiana plans reported in each filing year

Latest sponsor-wide plan assets
$61M 14.47625047992217% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $53.4M $61.1M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 272 $53M
2023 1 274 $59M
2024 1 266 $61M

Nearby Other Plans in Indiana

Peer Other plans, same state, same plan type, ranked by total assets.

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan vs. nearby Other plans in Indiana, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 02004006008001000 Total assets ($M) Participants Franklin College 403(b) Retirement and Tax Deferred Annuity Plan, Total assets ($M): 61.126516 · Participants: 266Franklin College 403(b) Retirement and Tax Deferred Annuity PlanParkview Health System, Inc. 403(b) Plan, Total assets ($M): 928.494369 · Participants: 16191Parkview Health System, Inc. 403(b) PlanBeacon Retirement Savings 403(b) Plan, Total assets ($M): 694.923452 · Participants: 7707Beacon Retirement Savings 403(b) PlanIci Multiple Employer Plan, Total assets ($M): 480.618778 · Participants: 2722Ici Multiple Employer PlanCommunity Foundation of Northwest Indiana 403(b) Retirement Plan, Total assets ($M): 440.279707 · Participants: 7792Community Foundation of Northwest Indiana 403(b) Retirement PlanButler University Retirement Plan, Total assets ($M): 373.421837 · Participants: 3285Butler University Retirement Plan
Franklin College 403(b) Retirement and Tax Deferred Annuity Plan vs. nearby Other plans in Indiana, assets vs. participants

Franklin College 403(b) Retirement and Tax Deferred Annuity Plan's out-of-state Other peers by assets and headcount

Outside Indiana, the nearest Other by assets is Norfolk Academy Pre-Tax Savings and Retirement Plan in VA ($61M); by covered participants it is Shattuck-St. Mary's School DC Plan in MN (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 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 College 403(b) Retirement and Tax Deferred Annuity Plan assets move in 2024?
Franklin College 403(b) Retirement and Tax Deferred Annuity Plan edged up modestly - up 3.6% during 2024, from $59M to $61M. Reported net income was $2M.
How have Franklin College of Indiana plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin College of Indiana's sponsor-wide assets grew 14.5%, from $53M to $61M.
Where does Franklin College 403(b) Retirement and Tax Deferred Annuity Plan rank by assets among Form 5500 filers?
Franklin College 403(b) Retirement and Tax Deferred Annuity Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Franklin College 403(b) Retirement and Tax Deferred Annuity Plan?
Among Other plans in other states, the closest by assets is Norfolk Academy Pre-Tax Savings and Retirement Plan in VA ($61M, 248 participants).
Which Other plans cover a similar participant headcount to Franklin College 403(b) Retirement and Tax Deferred Annuity Plan?
Among Other plans in other states, the closest by covered participants is Shattuck-St. Mary's School DC Plan in MN (266 participants, $30M in assets).