Defined Benefit (Pension) · DOL Form 5500 · 2024

Franklin Savings Bank Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
90
Participants Small participant base
58th
Percentile by assets National rank
$123,638
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Franklin Savings Bank Cash Balance Pension Plan · Sponsored by Franklin Savings Bank · New Hampshire · Finance & Insurance

$11M in assets, 90 participants

Franklin Savings Bank's Franklin Savings Bank Cash Balance Pension Plan reported $11M in total assets and 90 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,581 in Finance & Insurance (8,549 peers)

2024 asset change

Franklin Savings Bank Cash Balance Pension Plan pulled back noticeably 14.5% in 2024 ($13M → $11M) for 90 participants.

#3,581
in Finance & Insurance (8,549 peers)
-14.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Franklin Savings Bank Cash Balance Pension Plan's mid-pack asset rank among Finance & Insurance and all filers

Franklin Savings Bank Cash Balance Pension Plan vs every filed plan by assets

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

$11,127,396 Top 42% higher than 58% 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 Savings Bank Cash Balance Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Franklin Savings Bank Cash Balance Pension Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Franklin Savings Bank Cash Balance Pension Plan reported net income fell from $887K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Franklin Savings Bank Cash Balance Pension Plan end-of-year assets fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 020136360 · Franklin Savings Bank PY 2024 · Defined Benefit (Pension)

Franklin Savings Bank Cash Balance Pension Plan · $11M · 90 · 58th

  • EOY $11M
  • EOY 90
  • EOY 58th
  • EOY Defined Benefit (Pension)
  • EOY near Sterling Spring, L.L.C. Retirement Plan
  • EOY ind #3581

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 Hampshire →

Franklin Savings Bank Cash Balance Pension Plan in the asset neighbourhood

Franklin Savings Bank Cash Balance Pension PlanFranklin Savings Bank Cash B…$11MSterling Spring, L.L.C. Retirement PlanSterling Spring, L.L.C. Reti…$11MGeneral Refractories Company Pension Plan for Salaried EmployeesGeneral Refractories Company…$11MLocal 464a Finast Full Time Employees Pension PlanLocal 464a Finast Full Time …$11MReser's Fine Foods, Inc. Restated Employees' Pension PlanReser's Fine Foods, Inc. Res…$11M
End-of-year total assets ($M) among Franklin Savings Bank Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Franklin Savings Bank years around the 2024 move

Sponsor-wide plan assets over time

All Franklin Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$22M 6.355866709550306% vs 2022
2024 filing year
$20M$21M$22M$23M$24M 202220232024 $21.1M $22.4M ▲ +6.3%
Year Plans Participants Total Assets
2022 2 214 $21M
2023 2 209 $24M
2024 2 203 $22M

2024 asset-move particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN020136360
Plan Effective Date2007-10-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New Hampshire

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

Franklin Savings Bank Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600800 Total assets ($M) Participants Franklin Savings Bank Cash Balance Pension Plan, Total assets ($M): 11.127396 · Participants: 90Franklin Savings Bank Cash Balance Pension PlanPension Plan for Employees of Dartmouth-Hitchcock, Total assets ($M): 609.093653 · Participants: 1373Pension Plan for Employees of Dartmouth-HitchcockRetirement Plan for Employees of Concord Hospital, Total assets ($M): 413.104597 · Participants: 3416Retirement Plan for Employees of Concord HospitalElliot Health System Pension Plan, Total assets ($M): 266.934444 · Participants: 475Elliot Health System Pension PlanCatholic Medical Center Pension Plan, Total assets ($M): 242.985045 · Participants: 352Catholic Medical Center Pension PlanOsram Sylvania Pension Plan, Total assets ($M): 210.333889 · Participants: 238Osram Sylvania Pension Plan
Franklin Savings Bank Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in New Hampshire, assets vs. participants
Compare Franklin Savings Bank Cash Balance Pension Plan side-by-side with 3 peers →

Franklin Savings Bank Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Hampshire, the nearest Defined Benefit (Pension) by assets is Sterling Spring, L.L.C. Retirement Plan in IL ($11M); by covered participants it is Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust in AL (90 participants). Same-state nearby plans are listed separately above.

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 Savings Bank Cash Balance Pension Plan assets move in 2024? ▼
Franklin Savings Bank Cash Balance Pension Plan pulled back noticeably - down 14.5% during 2024, from $13M to $11M. Reported net income was -$2M.
How have Franklin Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Franklin Savings Bank's sponsor-wide assets grew 6.4%, from $21M to $22M.
Which Defined Benefit (Pension) plans are similar in size to Franklin Savings Bank Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sterling Spring, L.L.C. Retirement Plan in IL ($11M, 106 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Franklin Savings Bank Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust in AL (90 participants, $10M 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 020136360.

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.