Franklin Management, Inc. 401(k) Plan: Login, Facts & Contact Information

Franklin Management, Inc. 401(k) Plan Facts

Plan name
DON FRANKLIN AUTO 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FRANKLIN MANAGEMENT, INC.
Participants
874 (788 active employees)
Former employees with a balance
43
Plan assets
$18,650,069 at Dec 31, 2024
Average account balance
$32,211 across 579 accounts
Employer contributions
$689,714 in plan year 2024 (26% of all contributions)
Recordkeeper
Transamerica Retirement Solutions,
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2014
✓ 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 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.65 million went into the plan in contributions, $689,714 of it from the employer (26%).
  • $1.91 million was paid out to participants.
  • Investment and other income added $2.43 million.
  • Administrative expenses were $113,641, about $196 per account.

How the Franklin Management, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019643$6.10 million$479,453$386,098
2020717$8.45 million$537,840$514,396
2021700$11.8 million$661,438$551,608
2022774$11.5 million$746,609$1.08 million
2023813$15.0 million$772,826$1.27 million
2024874$18.7 million$689,714$1.91 million

Franklin Management, Inc. 401(k) Contact Information

Phone
606-676-2437
Mailing address
650 S HWY 27 SUITE 5 PMB 312, SOMERSET KY 42501
Plan sponsor
FRANKLIN MANAGEMENT, INC.
Employer identification number (EIN)
46-0811690
Plan number
001

Questions about the Franklin Management, Inc. 401(k)

Does Franklin Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $689,714, 26% of all contributions.

Does the Franklin Management, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Franklin Management, Inc 401(k) plan?

874 participants at the start of plan year 2024, 788 of them active employees, and 43 former employees who still had money in the plan.

What is the average 401(k) balance at Franklin Management, Inc?

About $32,211 per account: $18.7 million in plan assets across 579 accounts with a balance at the end of plan year 2024.

Who manages the Franklin Management, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS,) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Franklin Management, Inc. How do I access my 401(k)?

Your account stays with Transamerica 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.

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