Franchise Group, Inc.401(k)
FRANCHISE GROUP, INC. 401(K) PLAN · DELAWARE, OH · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Franchise Group, Inc. reported $367,887 in plan administrative expenses for 2023: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.39% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 263rd-largest of 3,295 plans among Ohio employers on file, and the 258th of 5,215 in retail trade.
Franchise Group, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 273561876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.