Plan Ledger DOL Form 5500 · updated monthly

Franklin International, Inc.401(k)

FRANKLIN INTERNATIONAL, INC. THRIFT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Franklin International, Inc. reported $26,542 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,443 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 rose from 0.026% to 0.030%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 394th-largest of 3,295 plans among Ohio employers on file, and the 2,019th of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,706,718
Participants with balances348
Active participants279
Employer contributions$1,797,524
Employee contributions$2,275,014
Employer contribution per active participant$6,443
Average account balance$263,525
Benefits paid to participants$8,518,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.7M · 348 accts · $1.8M emplr
2023$85.9M · 331 accts · $1.7M emplr
2022$75.4M · 333 accts · $1.6M emplr
The Franklin International, Inc. 401(k) match · 2024
Employer contribution per active participant$6,443
Median for plans this size$3,635
2024$6,443 per active participant
2023$6,145 per active participant
2022$5,887 per active participant

Franklin International, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$27,502

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$26,542 · 0.03%
2023$25,991 · 0.03%
2022$22,280 · 0.03%
All plans at this employer2
FRANKLIN INTERNATIONAL, INC. THRIFT PLAN401(k)
FRANKLIN INTERNATIONAL, INC. PLANT EMPLOYEES 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Grob Systems, Inc. OH$100.1M · 0.00%
Sarnova Hc, LLC OH$100.0M · 0.22%
Cardone Industries, Inc. OH$95.9M · 0.16%
Olympic Steel, Inc. OH$95.6M · 0.29%
Formica Corporation OH$91.5M · 0.13%
Magellan USA OH$90.6M · 0.18%
Dayton Superior Corporation OH$89.9M · 0.30%
Fastener Industries, Inc. OH$88.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314183710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.