Plain-English plan 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, Franklin Products, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Franklin Products, Inc. under EIN 06-1236512 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $23,209,612 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,209,612
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,209,612
- Net assets (BOY)
- $18,933,197
Income & contributions
- Employer contributions
- $421,331
- Participant contributions
- $543,956
- Total contributions
- $965,505
- Total income / additions
- $4,578,714
Expenses & distributions
- Benefits paid
- $247,512
- Administrative expenses
- $54,787
- Total expenses
- $302,299
- Net increase / (decrease)
- $4,276,415