2023 Form 5500 filing — Franklin Electric Co., Inc. Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010131324NAL0020123585001) for Franklin Electric Co., Inc. Pension Plan, reported by Franklin Electric Co., Inc. under EIN 35-0827455 and plan number 002. It reports 2,286 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010131324NAL0020123585001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Franklin Electric Co., Inc.
- EIN
- 35-0827455
- Plan number
- 002
- Location
- Fort Wayne, IN
- Participants
- 2,286
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $107,325,715
- Net assets (EOY)
- $107,325,715
- Total income / additions
- $7,484,326
- Benefits paid
- $8,443,570
- Administrative expenses
- $714,058
- Total expenses
- $9,157,628
- Net increase / (decrease)
- -$1,673,302
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sei Investments | NONE | $303,020 | not reported in the loaded dataset |
| Principal Trust Company | NONE | $118,750 | not reported in the loaded dataset |
| Aon Consulting, Inc. | NONE | $58,181 | not reported in the loaded dataset |
| Gjc Cpa'S & Advisors | NONE | $14,650 | not reported in the loaded dataset |