# The Franklin School Of Innovation, INC. 401(k) Plan
Source: https://planprovider.pro/companies/the-franklin-school-of-innovation-inc-401k-plan

> The Franklin School Of Innovation, INC.'s 401(k) plan: 78 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** The Franklin School Of Innovation, INC.

- **Sponsor EIN:** 461548530

- **Sponsor Address:** 21 INNOVATION DRIVE, ASHEVILLE, NC, 28806

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

- **Total Participants:** 78

- **Total Assets:** $2.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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.|

| 2025|78|$2.3M|$0|$0|

| 2024|73|$1.8M|$0|$0|

| 2023|74|$1.3M|$0|$0|

## 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|

| THOMAS, JUDY & TUCKER, PA|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|

| 2025|$9,466|—|$9,466|—|—|

| 2024|$5,218|—|$5,218|—|—|

| 2023|$5,136|—|$5,136|—|—|

## Similar Plans

- [Sandhills Independent School Corporation](https://planprovider.pro/companies/sandhills-independent-school-corporation-403b-plan) — 80 participants

- [St. Timothys School, INC.](https://planprovider.pro/companies/st-timothys-school-inc-403b-plan) — 83 participants

- [Salem Academy And College](https://planprovider.pro/companies/salem-academy-and-college-403b-plan-001) — 67 participants

- [Community Action Opportunities,Incorporated](https://planprovider.pro/companies/community-action-opportunities-401k-plan) — 90 participants

- [Lees-Mcrae College, INC.](https://planprovider.pro/companies/lees-mcrae-college-inc-403b-plan) — 92 participants

- [Saint Marys School](https://planprovider.pro/companies/saint-marys-school-plan) — 94 participants

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

© 2026 PlanProvider.Pro