2023 Form 5500 filing — Franklin Covey Co. 401(K) 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 20241015134341NAL0016518307001) for Franklin Covey Co. 401(K) Plan, reported by Franklin Covey Co. under EIN 87-0401551 and plan number 002. It reports 1,121 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$125.1MReported net assets$125,076,757
Participants1.1K1,121
Provider compensation$144.4K5 Schedule C row(s)$144,390
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015134341NAL0016518307001
- Plan sponsor
- Franklin Covey Co.
- EIN
- 87-0401551
- Plan number
- 002
- Location
- Salt Lake City, UT
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$125.1M total assets
Net assets$125.1MLiabilities—
Full reported line items
- Total assets (EOY)
- $125,076,757
- Net assets (EOY)
- $125,076,757
- Employer contributions
- $2,613,790
- Participant contributions
- $8,036,246
- Total income / additions
- $29,330,169
- Benefits paid
- $12,252,704
- Administrative expenses
- $144,390
- Total expenses
- $12,397,094
- Net increase / (decrease)
- $16,933,075
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smi | RECORDKEEPING | $97,605 | $0 |
| Drive Wealth Advisors | INVESTMENT ADVISOR | $22,500 | not reported in the loaded dataset |
| Rasmuson & Company, Pc | AUDITOR | $14,000 | not reported in the loaded dataset |
| Foresight Wealth Mangement | INVESTMENT ADVISOR | $7,500 | $0 |
| Jdglenn & Associates, Pc | ACCOUNTANT | $2,785 | $0 |