Franklin Covey Co. 401(k) Plan: Login, Facts & Contact Information

Franklin Covey Co. 401(k) Plan Facts

Plan name
FRANKLIN COVEY CO. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FRANKLIN COVEY CO.
Participants
1,201 (918 active employees)
Former employees with a balance
300
Plan assets
$139,457,002 at Dec 31, 2024
Average account balance
$121,797 across 1,145 accounts
Employer contributions
$2,684,687 in plan year 2024 (23% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner & Smi
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1991
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.7 million went into the plan in contributions, $2.68 million of it from the employer (23%).
  • $14.0 million was paid out to participants.
  • Investment and other income added $16.9 million.
  • Administrative expenses were $152,179, about $133 per account.

How the Franklin Covey Co. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019935$92.1 million$1.95 million$6.16 million
2020977$109.1 million$2.12 million$7.10 million
2021957$125.2 million$2.21 million$7.91 million
20221,020$108.1 million$2.45 million$7.03 million
20231,121$125.1 million$2.61 million$12.3 million
20241,201$139.5 million$2.68 million$14.0 million

Franklin Covey Co. 401(k) Contact Information

Phone
801-817-1776
Mailing address
13907 S. MINUTEMAN DRIVE, SUTIE 500, DRAPER UT 84020
Plan sponsor
FRANKLIN COVEY CO.
Employer identification number (EIN)
87-0401551
Plan number
002

Questions about the Franklin Covey Co. 401(k)

Does Franklin Covey Co contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.68 million, 23% of all contributions.

Does the Franklin Covey Co 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Franklin Covey Co 401(k) plan?

1,201 participants at the start of plan year 2024, 918 of them active employees, and 300 former employees who still had money in the plan.

What is the average 401(k) balance at Franklin Covey Co?

About $121,797 per account: $139.5 million in plan assets across 1,145 accounts with a balance at the end of plan year 2024.

Who manages the Franklin Covey Co 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER & SMI) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Franklin Covey Co. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: P.O. BOX 569, HOUSTON, MS, 38851
Headquarter: 14426 E EVANS AVE., AURORA, CO, 80014
Headquarter: 720 E WISCONSIN AVE, MILWAUKEE, WI, 53202
Headquarter: 1200 SMITH STREET, 36TH FLOOR, HOUSTON, TX, 77002
Headquarter: 1111 LOUISIANA ST, HOUSTON, TX, 770025230