401(k) · DOL Form 5500 · 2024

Franklin & Prokopik, P.C. 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
189
Participants
75th
Percentile by assets
$139,839
Avg per participant
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Official DOL plan name: Franklin & Prokopik 401(k) Savings & Profit Sharing · Sponsored by Franklin & Prokopik, P.C. · Maryland · Professional & Technical Services

$26M in assets, 189 participants

Franklin & Prokopik, P.C.'s Franklin & Prokopik 401(k) Savings & Profit Sharing reported $26M in total assets and 189 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 123,622 plans)
  • #15,173 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Franklin & Prokopik 401(k) Savings & Profit Sharing covers 189 participants in Maryland, about 20% of the average Maryland filer (state average ~929 per filing). Assets: $26M.

$26M
total plan assets (2024 EOY)
189
covered participants
75th
percentile by assets (of 123,622 plans)
$139,839
avg assets per participant

Where Franklin & Prokopik 401(k) Savings & Profit Sharing sits by total assets

Franklin & Prokopik 401(k) Savings & Profit Sharing vs every filed plan by assets

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

$26,429,525 Top 25% higher than 75% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin & Prokopik 401(k) Savings & Profit Sharing reported net income rose from $763K in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Franklin & Prokopik 401(k) Savings & Profit Sharing end-of-year assets rose from $22M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Franklin & Prokopik 401(k) Savings & Profit Sharing reported participants rose from 178 in the plan year 2023 filing to 189 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Franklin & Prokopik 401(k) Savings & Profit Sharing reports 189 participants - about 20% of that state average ($26M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN522169676
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin & Prokopik, P.C.)

$20M$22M$24M$26M$28M 202220232024 $21M $26.4M ▲ +25.6%
Total plan assets by year, all Franklin & Prokopik, P.C. plans on file
Year Plans Participants Total Assets
2022 1 171 $21M
2023 1 178 $22M
2024 1 189 $26M

Nearby 401(k) Plans in Maryland

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

Franklin & Prokopik 401(k) Savings & Profit Sharing vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Franklin & Prokopik …, Total assets ($B): 0.026429525 · Participants: 189Franklin & Prokopik …Lockheed Martin Corp…, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corp…Marriott Retirement …, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement …T. Rowe Price U.S. R…, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. R…Nfl Player Second Ca…, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Ca…Lockheed Martin Corp…, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corp…
Franklin & Prokopik 401(k) Savings & Profit Sharing vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Franklin & Prokopik 401(k) Savings & Profit Sharing by total assets, not by location.

Frequently Asked Questions

How did Franklin & Prokopik 401(k) Savings & Profit Sharing assets move in 2024?
Franklin & Prokopik 401(k) Savings & Profit Sharing grew sharply - up 21.2% during 2024, from $22M to $26M. Reported net income was $5M.
How have Franklin & Prokopik, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin & Prokopik, P.C.'s sponsor-wide assets grew 25.6%, from $21M to $26M.
Where does Franklin & Prokopik 401(k) Savings & Profit Sharing rank by assets among Form 5500 filers?
Franklin & Prokopik 401(k) Savings & Profit Sharing ranks in the 75th 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 401(k) plans are similar in size to Franklin & Prokopik 401(k) Savings & Profit Sharing?
Among 401(k) plans in other states, the closest by assets is Norac Pharma 401(k) Retirement Plan in CA ($26M, 49 participants).

Next read for Franklin & Prokopik 401(k) Savings & Pro…

Filing takeaways

Ways to act on Franklin & Prokopik 401(k) Savings & Profit Sharing's numbers.