# The Franklin Investment Corporation Dba Franklin Industries 401(k) Plan
Source: https://planprovider.pro/companies/the-franklin-investment-corporation-dba-franklin-industries-401k-plan

> The Franklin Investment Corporation Dba Franklin Industries's 401(k) plan: 111 participants, plan year 2024 financials, providers, and benchmarks from Form 5…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Franklin Investment Corporation Dba Franklin Industries

- **Sponsor EIN:** 412051057

- **Sponsor Address:** 645 ATLANTIC AVENUE, P.O. BOX 671, FRANKLIN, PA, 16323

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

- **Total Participants:** 111

- **Total Assets:** $3.6M

## 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|111|$3.6M|$132,073|$300,504|

| 2023|118|$3.3M|$163,866|$355,657|

| 2022|104|$3.1M|$141,798|$312,566|

## 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|

| MCGILL POWER BELL AND ASSOCIATES|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $0

### 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|$35,238|—|$21,692|—|—|

| 2023|$44,137|—|$35,786|—|—|

| 2022|$40,700|$34,713|$5,987|—|—|

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