Other · DOL Form 5500 · 2024

Franklin University Retirement Plan

Data updated 2026-08-11

$19M
Total assets
233
Participants
70th
Percentile by assets
$82,438
Avg per participant
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Official DOL plan name: Franklin University Tax Deferred Annuity Plan · Sponsored by Franklin University · Ohio · Educational Services

$19M in assets, 233 participants

Franklin University's Franklin University Tax Deferred Annuity Plan reported $19M in total assets and 233 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 123,622 plans)
  • #1,911 in Educational Services (3,638 peers)

Coverage in Ohio

Franklin University Tax Deferred Annuity Plan covers 233 participants in Ohio, about 30% of the average Ohio filer (state average ~765 per filing). Assets: $19M.

$19M
total plan assets (2024 EOY)
233
covered participants
70th
percentile by assets (of 123,622 plans)
$82,438
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin University Tax Deferred Annuity Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Franklin University Tax Deferred Annuity Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Franklin University Tax Deferred Annuity Plan reported participants rose from 226 in the plan year 2023 filing to 233 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Franklin University Tax Deferred Annuity Plan reports 233 participants - about 30% of that state average ($19M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN310707369
Plan Effective Date1969-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin University)

$100M$110M$120M$130M$140M 202220232024 $104M $133M ▲ +28.9%
Total plan assets by year, all Franklin University plans on file
Year Plans Participants Total Assets
2022 2 758 $104M
2023 2 747 $119M
2024 2 770 $133M

Nearby Other Plans in Ohio

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

Franklin University Tax Deferred Annuity Plan vs. nearby Other plans in Ohio, assets vs. participants

Franklin University Tax Deferred Annuity Plan vs. nearby Other plans in Ohio, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Franklin University …Cleveland Clinic Sav…Ohiohealth Retiremen…University Hospitals…Faculty and Key Admi…Children's Hospital …
Franklin University Tax Deferred Annuity Plan vs. nearby Other plans in Ohio, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Franklin University Tax Deferred Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Franklin University Tax Deferred Annuity Plan assets move in 2024?
Franklin University Tax Deferred Annuity Plan grew at a solid clip - up 12.2% during 2024, from $17M to $19M. Reported net income was $2M.
How have Franklin University plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin University's sponsor-wide assets grew 28.9%, from $104M to $133M.
Which Other plans are similar in size to Franklin University Tax Deferred Annuity Plan?
Among Other plans in other states, the closest by assets is Walnut Hill School Defined Contribution Retirement Plan in MA ($19M, 97 participants).

Next read for Franklin University Tax Deferred Annuity…

Filing takeaways

Ways to act on Franklin University Tax Deferred Annuity Plan's numbers.