401(k) · DOL Form 5500 · 2024

Franklin Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
115
Participants Small participant base
78th
Percentile by assets National rank
$272,232
Avg per participant High balance/head
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Official DOL plan name: Franklin Mutual Profit Sharing Plan · Sponsored by Franklin Mutual Insurance Company · New Jersey · Finance & Insurance

$31M in assets, 115 participants

Franklin Mutual Insurance Company's Franklin Mutual Profit Sharing Plan reported $31M in total assets and 115 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,615 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Franklin Mutual Profit Sharing Plan covers 115 participants in New Jersey, about 14% of the average New Jersey filer (state average ~844 per filing). Assets: $31M.

#5,615
in Finance & Insurance (8,549 peers)
+3.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Franklin Mutual Profit Sharing Plan's outsized position by total assets

Franklin Mutual Profit Sharing Plan vs every filed plan by assets

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

$31,306,641 Top 22% higher than 78% 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 Mutual 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 Mutual Profit Sharing Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Mutual Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Franklin Mutual Profit Sharing Plan end-of-year assets rose from $30M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Franklin Mutual Profit Sharing Plan reported participants fell from 119 in the plan year 2023 filing to 115 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 220923502 · Franklin Mutual Insurance Company PY 2024 · 401(k)

Franklin Mutual Profit Sharing Plan · $31M · 115 · 78th

  • BOY $31M
  • BOY 115
  • BOY 78th
  • BOY 401(k)
  • BOY near F.G. Downing Development, Inc. 401(k) Plan
  • BOY ind #5615

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Franklin Mutual Profit Sharing Plan in the asset neighbourhood

Franklin Mutual Profit Sharing PlanFranklin Mutual Profit Shari…$31MF.G. Downing Development, Inc. 401(k) PlanF.G. Downing Development, In…$31MArchitects Orange 401(k) Retirement Savings PlanArchitects Orange 401(k) Ret…$31MExiger, LLC 401(k) Plan$31MCarlson, Barbee & Gibson, Inc. 401(k) PlanCarlson, Barbee & Gibson, In…$31M
End-of-year total assets ($M) among Franklin Mutual Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$31M
Net Income$1M
Employer EIN220923502
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Franklin Mutual Insurance Company)

Sponsor-wide plan assets over time

All Franklin Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$73M 8.724855349249808% vs 2023
2024 filing year
$66M$68M$70M$72M$74M 20232024 $67.5M $73.4M ▲ +8.7%
Year Plans Participants Total Assets
2023 2 233 $67M
2024 2 226 $73M

Nearby 401(k) Plans in New Jersey

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

Franklin Mutual Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Franklin Mutual Profit Sharing Plan, Total assets ($B): 0.031306641 · Participants: 115Franklin Mutual Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Franklin Mutual Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Franklin Mutual Profit Sharing Plan side-by-side with 3 peers →

Franklin Mutual Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is F.G. Downing Development, Inc. 401(k) Plan in NY ($31M); by covered participants it is Dhillon Healthcare Group 401(k) Profit Sharing in CA (115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($31M here).

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Mutual Profit Sharing Plan assets move in 2024? ▼
Franklin Mutual Profit Sharing Plan edged up modestly - up 3.6% during 2024, from $30M to $31M. Reported net income was $1M.
How have Franklin Mutual Insurance Company plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Franklin Mutual Insurance Company's sponsor-wide assets grew 8.7%, from $67M to $73M.
Where does Franklin Mutual Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Franklin Mutual Profit Sharing Plan ranks in the 78th 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 Mutual Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is F.G. Downing Development, Inc. 401(k) Plan in NY ($31M, 283 participants).
Which 401(k) plans cover a similar participant headcount to Franklin Mutual Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dhillon Healthcare Group 401(k) Profit Sharing in CA (115 participants, $2M 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 220923502.

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.