Defined Benefit (Pension) · DOL Form 5500 · 2024

Franklin Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
111
Participants Small participant base
82nd
Percentile by assets National rank
$378,910
Avg per participant High balance/head
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Official DOL plan name: Franklin Mutual Pension Plan · Sponsored by Franklin Mutual Insurance Company · New Jersey · Finance & Insurance

$42M in assets, 111 participants

Franklin Mutual Insurance Company's Franklin Mutual Pension Plan reported $42M in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,176 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Franklin Mutual Pension Plan covers 111 participants in New Jersey, about 13% of the average New Jersey filer (state average ~844 per filing). Assets: $42M.

#6,176
in Finance & Insurance (8,549 peers)
+12.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Franklin Mutual Pension Plan's outsized position by total assets

Franklin Mutual Pension Plan vs every filed plan by assets

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

$42,058,955 Top 18% higher than 82% 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 Pension 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 Pension Plan sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Mutual Pension Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Franklin Mutual Pension Plan end-of-year assets rose from $37M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Franklin Mutual Pension Plan reported participants fell from 114 in the plan year 2023 filing to 111 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 220923502 · Franklin Mutual Insurance Company PY 2024 · Defined Benefit (Pension)

Franklin Mutual Pension Plan · $42M · 111 · 82nd

  • EBSA $42M
  • PART 111
  • TYPE 82nd
  • NET Defined Benefit (Pension)
  • BOOK near Lifepoint Marquette Pension Plan
  • VS-ST ind #6176

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 Pension Plan in the asset neighbourhood

St. Marys Location Pension Plan for Eligible Union EmployeesSt. Marys Location Pension P…$42MBricklayers & Allied Craftsmen Local 7 PensionBricklayers & Allied Craftsm…$42MFranklin Mutual Pension Plan$42MLifepoint Marquette Pension PlanLifepoint Marquette Pension …$42MLocal 1102 Retirement Trust$42M
End-of-year total assets ($M) among Franklin Mutual Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$42M
Net Income$5M
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 Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Franklin Mutual Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Franklin Mutual Pension Plan, Total assets ($B): 0.042058955 · Participants: 111Franklin Mutual Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Franklin Mutual Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Franklin Mutual Pension Plan side-by-side with 3 peers →

Franklin Mutual Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Lifepoint Marquette Pension Plan in TN ($42M); by covered participants it is Hutchinson Sealing Systems, Inc. Retirement Plan in MI (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Pension Plan assets move in 2024? ▼
Franklin Mutual Pension Plan grew at a solid clip - up 12.9% during 2024, from $37M to $42M. Reported net income was $5M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Franklin Mutual Pension Plan ranks in the 82nd 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 Defined Benefit (Pension) plans are similar in size to Franklin Mutual Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lifepoint Marquette Pension Plan in TN ($42M, 53 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Franklin Mutual Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hutchinson Sealing Systems, Inc. Retirement Plan in MI (111 participants, N/A 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.