401(k) · DOL Form 5500 · 2024

Franklin Academy Foundation, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
713
Participants Below avg headcount
57th
Percentile by assets National rank
$15,011
Avg per participant Low balance/head
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Official DOL plan name: Franklin Academy Retirement Plan · Sponsored by Franklin Academy Foundation, Inc. · Florida · Educational Services

$11M in assets, 713 participants

Franklin Academy Foundation, Inc.'s Franklin Academy Retirement Plan reported $11M in total assets and 713 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #1,458 in Educational Services (3,638 peers)

Franklin Academy Foundation, Inc. multi-year trail

Franklin Academy Foundation, Inc.'s plans moved +58.0% in assets from 2022 to 2024; this filing shows Franklin Academy Retirement Plan at $11M / 713 participants.

#1,458
in Educational Services (3,638 peers)
+23.7%
assets growth YoY

Franklin Academy Retirement Plan's mid-pack asset rank among Educational Services and all filers

Franklin Academy Retirement Plan vs every filed plan by assets

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

$10,703,194 Top 43% higher than 57% 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 Academy Retirement 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 Academy Retirement Plan sits mid-pack in the medium band (713 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Academy Retirement Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Franklin Academy Retirement Plan reported participants fell from 806 in the plan year 2023 filing to 713 in the plan year 2024 filing.
  • Franklin Academy Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 272123983 · Franklin Academy Foundation, Inc. PY 2024 · 401(k)

Franklin Academy Retirement Plan · $11M · 713 · 57th

  • BOY $11M
  • SCH 713
  • EBSA 57th
  • PART 401(k)
  • TYPE near Tata Steel International (Americas) Inc. Savings Plan
  • NET ind #1458

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 Educational Services retirement plans → · Plans in Florida →

Franklin Academy Retirement Plan in the asset neighbourhood

Franklin Academy Retirement PlanFranklin Academy Retirement …$11MTata Steel International (Americas) Inc. Savings PlanTata Steel International (Am…$11MCentral Boat Rentals, Inc. Retirement Plan and TrustCentral Boat Rentals, Inc. R…$11MBeardmore Chevrolet, Midway Chevrolet Employees 401(k) Profit Sharing PlanBeardmore Chevrolet, Midway …$11MDac Group/USA 401(k) Plan$11M
End-of-year total assets ($M) among Franklin Academy Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Franklin Academy Foundation, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Franklin Academy Foundation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 57.98734589021887% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $6.77M $10.7M ▲ +58.1%
Year Plans Participants Total Assets
2022 1 837 $7M
2023 1 806 $9M
2024 1 713 $11M

Franklin Academy Foundation, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN272123983
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Franklin Academy Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Franklin Academy Retirement Plan, Total assets ($B): 0.010703194 · Participants: 713Franklin Academy Retirement PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Franklin Academy Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Franklin Academy Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Tata Steel International (Americas) Inc. Savings Plan in IL ($11M); by covered participants it is Hutchens Industries, Inc. 401(k) Plan in MO (713 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (713 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 Academy Retirement Plan assets move in 2024?
Franklin Academy Retirement Plan grew sharply - up 23.7% during 2024, from $9M to $11M. Reported net income was $2M.
How have Franklin Academy Foundation, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Franklin Academy Foundation, Inc.'s sponsor-wide assets grew 58.0%, from $7M to $11M.
Which 401(k) plans are similar in size to Franklin Academy Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Tata Steel International (Americas) Inc. Savings Plan in IL ($11M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Academy Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Hutchens Industries, Inc. 401(k) Plan in MO (713 participants, $19M in assets).