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

Franklin Resources, Inc. 401(k) Plan Facts

Plan name
FRANKLIN TEMPLETON 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FRANKLIN RESOURCES, INC.
Participants
6,963 (4,383 active employees)
Former employees with a balance
1,959
Plan assets
$2,796,746,897 at Dec 31, 2024
Average account balance
$422,023 across 6,627 accounts
Employer contributions
$67,951,500 in plan year 2024 (14% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1981
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 Jul 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $482.3 million went into the plan in contributions, $68.0 million of it from the employer (14%).
  • $190.1 million was paid out to participants.
  • Investment and other income added $299.9 million.
  • Administrative expenses were $634,681, about $96 per account.

How the Franklin Resources, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20195,384$1.56 billion$35.6 million$146.4 million
20205,314$1.74 billion$47.1 million$146.3 million
20216,230$2.29 billion$52.3 million$154.1 million
20226,183$1.91 billion$55.2 million$119.6 million
20236,060$2.21 billion$56.8 million$190.1 million
20246,963$2.80 billion$68.0 million$190.1 million

Franklin Resources, Inc. 401(k) Contact Information

Phone
800-632-2350
Mailing address
ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Plan sponsor
FRANKLIN RESOURCES, INC.
Employer identification number (EIN)
13-2670991
Plan number
003

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $68.0 million, 14% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

6,963 participants at the start of plan year 2024, 4,383 of them active employees, and 1,959 former employees who still had money in the plan.

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

About $422,023 per account: $2.80 billion in plan assets across 6,627 accounts with a balance at the end of plan year 2024.

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

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

I no longer work at Franklin Resources, Inc. 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.

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