401(k) · DOL Form 5500 · 2024

Franklin Products, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
137
Participants Small participant base
75th
Percentile by assets National rank
$195,324
Avg per participant Above avg balance/head
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Official DOL plan name: Franklin Products, Inc. 401(k) Profit Sharing Plan · Sponsored by Franklin Products, Inc. · Connecticut · Manufacturing

$27M in assets, 137 participants

Franklin Products, Inc.'s Franklin Products, Inc. 401(k) Profit Sharing Plan reported $27M in total assets and 137 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.

  • #11,788 in Manufacturing (17,777 peers)

Coverage in Connecticut

Franklin Products, Inc. 401(k) Profit Sharing Plan covers 137 participants in Connecticut, about 19% of the average Connecticut filer (state average ~718 per filing). Assets: $27M.

#11,788
in Manufacturing (17,777 peers)
+15.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Franklin Products, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Franklin Products, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$26,759,445 Top 25% higher than 75% 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 Products, Inc. 401(k) Profit Sharing 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 Products, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (137 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Products, Inc. 401(k) Profit Sharing Plan reported participants rose from 108 in the plan year 2023 filing to 137 in the plan year 2024 filing.
  • Franklin Products, Inc. 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Franklin Products, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $23M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 061236512 · Franklin Products, Inc. PY 2024 · 401(k)

Franklin Products, Inc. 401(k) Profit Sharing Plan · $27M · 137 · 75th

  • ASSETS $27M
  • ASSETS 137
  • ASSETS 75th
  • ASSETS 401(k)
  • ASSETS near Hazard Construction Company Retirement Plan
  • ASSETS ind #11788

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 Manufacturing retirement plans → · Plans in Connecticut →

Franklin Products, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Franklin Products, Inc. 401(k) Profit Sharing PlanFranklin Products, Inc. 401(…$27MHazard Construction Company Retirement PlanHazard Construction Company …$27MPublishers Circulation Fulfillment, Inc. Retirement PlanPublishers Circulation Fulfi…$27MGreat Lakes Orthopaedic Center 401(k) Profit Sharing PlanGreat Lakes Orthopaedic Cent…$27MUniek, Inc. Employees' Retirement PlanUniek, Inc. Employees' Retir…$27M
End-of-year total assets ($M) among Franklin Products, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$27M
Net Income$4M
Employer EIN061236512
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Products, Inc.)

Sponsor-wide plan assets over time

All Franklin Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 41.33611455054316% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.9M $26.8M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 114 $19M
2023 1 108 $23M
2024 1 137 $27M

Nearby 401(k) Plans in Connecticut

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

Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Franklin Products, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.026759445 · Participants: 137Franklin Products, Inc. 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Franklin Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Franklin Products, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Franklin Products, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Hazard Construction Company Retirement Plan in CA ($27M); by covered participants it is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 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 Products, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan grew sharply - up 15.3% during 2024, from $23M to $27M. Reported net income was $4M.
How have Franklin Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Products, Inc.'s sponsor-wide assets grew 41.3%, from $19M to $27M.
Where does Franklin Products, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Franklin Products, Inc. 401(k) Profit Sharing Plan 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 Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hazard Construction Company Retirement Plan in CA ($27M, 169 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Products, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants, $930K 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 061236512.

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.