# Franklin Resources, INC. 401(k) Plan
Source: https://planprovider.pro/companies/franklin-resources-inc-401k-plan

> Franklin Resources, INC.'s 401(k) plan: 4,383 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Franklin Resources, INC.

- **Sponsor EIN:** 132670991

- **Sponsor Address:** ONE FRANKLIN PARKWAY, SAN MATEO, CA, 94403

- **Plan Type:** 401(k)

- **Total Participants:** 4,383

- **Total Assets:** $2.8B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|4,383|$2.8B|$68.0M|$87.8M|

| 2023|4,628|$2.2B|$56.8M|$71.0M|

| 2022|3,755|$1.9B|$55.2M|$66.8M|

## 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|

| MERRILL LYNCH, PIERCE, FENNER AND S|RECORDKEEPER|$290,587|—|$290,587|

| CALLAN LLC|CONSULTANT|$221,250|—|$221,250|

| GALLAGHER FIDUCIARY ADVISORS, LLC|CONSULTANT|$123,819|—|$123,819|

| MMA|OTHER|$18,300|—|$18,300|

| SC&H ATTEST SERVICES, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GALLAGHER FIDUCIARY ADVISORS, LLC](https://planprovider.pro/provider/arthur-j-gallagher-and-co) — CONSULTANT

- [MMA](https://planprovider.pro/provider/marsh-mclennan-agency) — OTHER

- [SC&H ATTEST SERVICES, P.C.](https://planprovider.pro/provider/scandh-attest-services-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $653,956

- **Estimated Expense Ratio:** 0.023% 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|$634,681|$344,094|—|—|—|

| 2023|$649,458|$340,331|—|—|—|

| 2022|$509,618|—|—|—|—|

## Similar Plans

- [Pantheon Freedom, INC.](https://planprovider.pro/companies/pantheon-freedom-inc-401k-plan) — 2,400 participants

- [Allianz Asset Management Of America LLC](https://planprovider.pro/companies/allianz-asset-management-of-america-llc-401k-plan) — 2,228 participants

- [Edelman Financial Engines, LLC](https://planprovider.pro/companies/edelman-financial-engines-llc-401k-plan) — 1,553 participants

- [Cerity Partners Management LLC](https://planprovider.pro/companies/cerity-partners-management-llc-plan-001) — 1,146 participants

- [Assetmark Financial Holdings, INC.](https://planprovider.pro/companies/assetmark-financial-holdings-inc-401k-plan) — 1,024 participants

- [Oaktree Capital Management](https://planprovider.pro/companies/oaktree-capital-management-401k-plan) — 922 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/franklin-resources-inc-401k-plan)

© 2026 PlanProvider.Pro