Franklin Covey Co. 401(K) Plan — Form 5500 plan (Franklin Covey Co.)
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 Covey Co. 401(K) Plan is a benefit plan reported by Franklin Covey Co. under EIN 87-0401551 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,121 participants and $125,076,757 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Franklin Covey Co.
- EIN
- 87-0401551
- Plan number
- 002
- Plan type
- 2
- Location
- Salt Lake City, UT
- Latest filing year
- 2023
- Participants
- 1,121
- End-of-year plan assets
- $125,076,757
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,121 | H, C | 20241015134341NAL0016518307001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $125,076,757
- Net assets (EOY)
- $125,076,757
- Net assets (BOY)
- $108,143,682
Income & contributions
- Employer contributions
- $2,613,790
- Participant contributions
- $8,036,246
- Total contributions
- $11,088,708
- Total income / additions
- $29,330,169
Expenses & distributions
- Benefits paid
- $12,252,704
- Administrative expenses
- $144,390
- Total expenses
- $12,397,094
- Net increase / (decrease)
- $16,933,075
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smi | RECORDKEEPING | $97,605 | $0 | 2023 |
| Drive Wealth Advisors | INVESTMENT ADVISOR | $22,500 | not reported in the loaded dataset | 2023 |
| Rasmuson & Company, Pc | AUDITOR | $14,000 | not reported in the loaded dataset | 2023 |
| Foresight Wealth Mangement | INVESTMENT ADVISOR | $7,500 | $0 | 2023 |
| Jdglenn & Associates, Pc | ACCOUNTANT | $2,785 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Franklin Covey Co.
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Salt Lake City, UT
- Merrill Lynch, Pierce, Fenner & Smi — Schedule C compensation
- Drive Wealth Advisors — Schedule C compensation
- Rasmuson & Company, Pc — Schedule C compensation
- Foresight Wealth Mangement — Schedule C compensation
- Jdglenn & Associates, Pc — Schedule C compensation