401(k) · DOL Form 5500 · 2024

Franklin Savings Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
131
Participants Small participant base
59th
Percentile by assets National rank
$88,811
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Franklin Savings Bank 401(k) Plan · Sponsored by Franklin Savings Bank · Maine · Finance & Insurance

$12M in assets, 131 participants

Franklin Savings Bank's Franklin Savings Bank 401(k) Plan reported $12M in total assets and 131 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,672 in Finance & Insurance (8,549 peers)

Coverage in Maine

Franklin Savings Bank 401(k) Plan covers 131 participants in Maine, about 28% of the average Maine filer (state average ~472 per filing). Assets: $12M.

#3,672
in Finance & Insurance (8,549 peers)
+18.5%
assets growth YoY

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

Franklin Savings Bank 401(k) Plan vs every filed plan by assets

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

$11,634,274 Top 41% higher than 59% 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 Savings Bank 401(k) 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 Savings Bank 401(k) Plan sits mid-pack in the medium band (131 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Savings Bank 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Franklin Savings Bank 401(k) Plan reported participants fell from 134 in the plan year 2023 filing to 131 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010072660 · Franklin Savings Bank PY 2024 · 401(k)

Franklin Savings Bank 401(k) Plan · $12M · 131 · 59th

  • 5500 $12M
  • ASSETS 131
  • PCT 59th
  • EIN 401(k)
  • RANK near Spine Care Center 401(k) Plan
  • PHOTO ind #3672

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 Maine →

Franklin Savings Bank 401(k) Plan in the asset neighbourhood

Franklin Savings Bank 401(k) PlanFranklin Savings Bank 401(k)…$12MSpine Care Center 401(k) Plan$12MThe Delta Companies 401(k) PlanThe Delta Companies 401(k) P…$12MMag Instrument, Inc. Profit Sharing PlanMag Instrument, Inc. Profit …$12MWest Coast Code Consultants Inc. 401(k) PlanWest Coast Code Consultants …$12M
End-of-year total assets ($M) among Franklin Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN010072660
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Savings Bank)

Sponsor-wide plan assets over time

All Franklin Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$77M 22.40773261778442% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $62.6M $76.7M ▲ +22.4%
Year Plans Participants Total Assets
2022 2 207 $63M
2023 2 233 $71M
2024 2 244 $77M

Nearby 401(k) Plans in Maine

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

Franklin Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Franklin Savings Bank 401(k) Plan, Total assets ($B): 0.011634274 · Participants: 131Franklin Savings Bank 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Franklin Savings Bank 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Franklin Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Spine Care Center 401(k) Plan in UT ($12M); by covered participants it is T/J Inspection, Inc. 401(k) Plan in OK (131 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (131 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 Savings Bank 401(k) Plan assets move in 2024? ▼
Franklin Savings Bank 401(k) Plan grew sharply - up 18.5% during 2024, from $10M to $12M. Reported net income was $2M.
How have Franklin Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Savings Bank's sponsor-wide assets grew 22.4%, from $63M to $77M.
Which 401(k) plans are similar in size to Franklin Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Spine Care Center 401(k) Plan in UT ($12M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T/J Inspection, Inc. 401(k) Plan in OK (131 participants, $5M 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 010072660.

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.