Defined Benefit (Pension) · DOL Form 5500 · 2024

The Franklin Institute Pension Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
22
Participants Small participant base
51st
Percentile by assets National rank
$364,833
Avg per participant High balance/head
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Official DOL plan name: The Franklin Institute Retirement Income Plan II · Sponsored by The Franklin Institute · Pennsylvania · Arts, Entertainment & Recreation

$8M in assets, 22 participants

The Franklin Institute's The Franklin Institute Retirement Income Plan II reported $8M in total assets and 22 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #2,027 in Arts, Entertainment & Recreation (2,921 peers)

The Franklin Institute multi-year trail

The Franklin Institute's plans moved +25.3% in assets from 2022 to 2024; this filing shows The Franklin Institute Retirement Income Plan II at $8M / 22 participants.

#2,027
in Arts, Entertainment & Recreation (2,921 peers)
-3.5%
assets change YoY

The plan reported a net loss of $288K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Franklin Institute Retirement Income Plan II's mid-pack asset rank among Arts, Entertainment & Recreation and all filers

The Franklin Institute Retirement Income Plan II vs every filed plan by assets

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

$8,026,323 Top 49% higher than 51% 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

The Franklin Institute Retirement Income Plan II among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Franklin Institute Retirement Income Plan II is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Franklin Institute Retirement Income Plan II reported net income fell from $427K in the plan year 2023 filing to -$288K in the plan year 2024 filing.
  • The Franklin Institute Retirement Income Plan II reported participants fell from 24 in the plan year 2023 filing to 22 in the plan year 2024 filing.
  • The Franklin Institute Retirement Income Plan II end-of-year assets fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 231370501 · The Franklin Institute PY 2024 · Defined Benefit (Pension)

The Franklin Institute Retirement Income Plan II · $8M · 22 · 51st

  • 5500 $8M
  • ASSETS 22
  • PCT 51st
  • EIN Defined Benefit (Pension)
  • RANK near Retirement Plan for Employees of Canton-Potsdam Hospital
  • PHOTO ind #2027

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 Arts, Entertainment & Recreation retirement plans → · Plans in Pennsylvania →

The Franklin Institute Retirement Income Plan II in the asset neighbourhood

The Franklin Institute Retirement Income Plan IIThe Franklin Institute Retir…$8MMaritime Association - I.L.a Pension, Retirement, Welfare and Vacation Funds Pension PlanMaritime Association - I.L.a…$8MLevenfeld Pearlstein, LLC Cash Balance PlanLevenfeld Pearlstein, LLC Ca…$8MRetirement Plan for Employees of Canton-Potsdam HospitalRetirement Plan for Employee…$8MC-E Minerals Inc Retiree Health Capital Accumulation PlanC-E Minerals Inc Retiree Hea…$8M
End-of-year total assets ($M) among The Franklin Institute Retirement Income Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

The Franklin Institute multi-year asset trail

Sponsor-wide plan assets over time

All The Franklin Institute plans reported in each filing year

Latest sponsor-wide plan assets
$29M 25.333197429500977% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23M $28.8M ▲ +25.3%
Year Plans Participants Total Assets
2022 2 144 $23M
2023 2 156 $26M
2024 2 163 $29M

The Franklin Institute filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income-$288K
Employer EIN231370501
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Franklin Institute Retirement Income Plan II vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Franklin Institute Retirement Income Plan II, Total assets ($B): 0.008026323 · Participants: 22The Franklin Institute Retirement Income Plan IINational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
The Franklin Institute Retirement Income Plan II vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

The Franklin Institute Retirement Income Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Canton-Potsdam Hospital in NY ($8M); by covered participants it is Lamesa National Bank Pension Plan in TX (22 participants). Same-state nearby plans are listed separately above.

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 The Franklin Institute Retirement Income Plan II assets move in 2024?
The Franklin Institute Retirement Income Plan II edged down modestly - down 3.5% during 2024, from $8M to $8M. Reported net income was -$288K.
How have The Franklin Institute plan assets changed over time?
Across 3 plan years on file (2022-2024), The Franklin Institute's sponsor-wide assets grew 25.3%, from $23M to $29M.
Which Defined Benefit (Pension) plans are similar in size to The Franklin Institute Retirement Income Plan II?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Canton-Potsdam Hospital in NY ($8M, 174 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Franklin Institute Retirement Income Plan II?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lamesa National Bank Pension Plan in TX (22 participants, $9M in assets).