Plan Snapshot
- Plan Sponsor: Franchise Group, INC.
- Sponsor EIN: 273561876
- Sponsor Address: 109 INNOVATION COURT, SUITE J, DELAWARE, OH, 43015
- Plan Type: 401(k)
- Total Participants: 13,300
- Total Assets: $149.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,300 | $149.3M | $0 | $9.1M |
| 2023 | 11,705 | $159.1M | $0 | $11.3M |
| 2022 | 12,555 | $140.7M | $0 | $12.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CARON AND BLETZER PLLC | Auditor | $18,500 | — | $18,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON AND BLETZER PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,500
- Estimated Expense Ratio: 0.012% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $340,395 | $66,762 | $600 | $18,500 | — |
| 2023 | $367,887 | $100,850 | $1,500 | $15,185 | — |
| 2022 | $468,443 | — | — | — | — |