Plan Ledger DOL Form 5500 · updated monthly

Franklin Logistics Inc.401(k)

FRANKLIN LOGISTICS INC. 401(K) PLAN · ROARING SPRINGS, PA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Franklin Logistics Inc. reported $45,730 in plan administrative expenses for 2022: 0.43% of average plan assets, higher than ~75% of peers. Employer contributions averaged $36 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 0.43% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Pennsylvania (2,322nd of 3,651), and the 1,179th of 2,677 in transportation & warehousing. In 2022, employees put in $8.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,662,153
Participants with balances271
Active participants2,289
Employer contributions$83,411
Employee contributions$736,876
Employer contribution per active participant$36
Average account balance$35,654
Benefits paid to participants$907,984
Plan auditUnmodified (clean) audit opinion
AuditorWESSEL AND COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$8.6M · 214 accts · $57K emplr
2023$9.2M · 247 accts · $70K emplr
2022$9.7M · 271 accts · $83K emplr
Administrative expenses, itemized · 2022
Investment management$45,730
Total administrative$45,730
The Franklin Logistics Inc. 401(k) match · 2022
Employer contribution per active participant$36
Median for plans this size$2,266
2024$24 per active participant
2023$30 per active participant
2022$36 per active participant

Franklin Logistics Inc.'s 2022 employer contribution ran below the $2,266 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025Not separately reported
2024$40,808 · 0.46%
2023$44,538 · 0.47%
2022$45,730 · 0.43%
Similar plansTransportation & Warehousing · Pennsylvania
Napa Transportation, Inc. PA$11.3M · 0.58%
Watsontown Trucking Company PA$11.0M · 0.20%
Aaa Mid States PA$10.1M · 0.03%
Bowser-Regal, Inc. PA$9.9M · 0.06%
Veltri, Inc. PA$9.6M · 0.58%
W.L. Roenigk Inc. PA$9.5M · 0.72%
Chemlogix,Llc PA$9.5M · 0.04%
Key Lakes, Inc. PA$9.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351821968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.