Other · DOL Form 5500 · 2024

Franklin University Retirement Plan

Data updated 2026-07-24

$114M
Total assets: 537
Participants: 91st
Percentile by assets: $212,771
Avg per participant

Official DOL plan name: Franklin University Defined Contribution Retirement Plan · Sponsored by Franklin University · Ohio · Educational Services

$114M in assets, 537 participants

Franklin University's Franklin University Defined Contribution Retirement Plan reported $114M in total assets and 537 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 116,472 plans)

Where Franklin University Defined Contribution Retirement Plan sits by assets

Franklin University Defined Contribution Retirement Plan sits in the top 10% of all filed plans by assets, $114M for 537 participants (~$212,771/participant), up 12.0% in 2024.

$114M
total plan assets (2024 EOY): 537
covered participants: 91st
percentile by assets (of 116,472 plans): $212,771
avg assets per participant

Franklin University Defined Contribution Retirement Plan end-of-year assets rose from $102M in the plan year 2023 filing to $114M in the plan year 2024 filing.
Franklin University Defined Contribution Retirement Plan reported net income fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Franklin University Defined Contribution Retirement Plan reported participants rose from 521 in the plan year 2023 filing to 537 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Educational Services

Franklin University Defined Contribution Retirement Plan vs the 2024 asset distribution

By assets, Franklin University Defined Contribution Retirement Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$102M
Net Assets (End of Year)	$114M
Net Income	$12M
Employer EIN	310707369
Plan Effective Date	1968-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Franklin University)

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 Defined Contribution Retirement Plan vs. nearby Other plans in Ohio, assets vs. participants

Cleveland Clinic Savings and Investment Plan $9.2B · 65,407
Ohiohealth Retirement Savings Plan 403(b) $2.7B · 29,710
University Hospitals Health System 403(b) Matched Retirement Savings Plan $2.5B · 27,009
Children's Hospital Medical Center Employee Savings Plan $2.0B · 19,570
Summa Health 403(b) Retirement Savings Plan $855M · 4,697

Compare Franklin University Defined Contribution… side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Franklin University Defined Contribution Retirement Plan by total assets, not by location.

The Johns Hopkins University Income Deferral 403(b) Plan for Residents, Interns and Postdoctoral Fellows (MD) $114M · 2,790
Cold Spring Harbor Laboratory Tax Deferred Annuity Plan (NY) $114M · 1,030
Cbwchc 403(b) Plan (NY) $114M · 613
National Cable Satellite Corp. (D/B/a C-Span) 403(b) Plan (DC) $114M · 176

Frequently Asked Questions

How did Franklin University Defined Contribution Retirement Plan assets move in 2024? ▼

Franklin University Defined Contribution Retirement Plan grew at a solid clip - up 12.0% during 2024, from $102M to $114M. Reported net income was $12M.

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.

Where does Franklin University Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼

Franklin University Defined Contribution Retirement Plan ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Other plans are similar in size to Franklin University Defined Contribution Retirement Plan? ▼

Among Other plans in other states, the closest by assets is The Johns Hopkins University Income Deferral 403(b) Plan for Residents, Interns and Postdoctoral Fellows in MD ($114M, 2,790 participants).

Next read for Franklin University Defined Contribution…

Scale reading

Ways to act on Franklin University Defined Contribution Retirement Plan's numbers.

By total assets, Franklin University Defined Contribution Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Other plans in Ohio. Compare plans
Franklin University's sponsor-wide assets have grown 28.9% since 2022 across 3 plan years on file. More Educational Services plans

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 310707369.

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.