Civic Intelligence

Franchise Operations Inc.

Plan context: FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN

EIN 36-2679559 • Avon Lake, OH • 40 filings • 4 plans

32298 Monaco PlaceAvon Lake, OH 44012-2567
Current Snapshot

Latest Year

2023

2023 Participants

100

2023 Assets

$2,026,163

2023 Contributions

$1,910

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,799,505$1,899,753$0200120122022YearValue
$2,026,163Latest year 2022

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

5562780200120122022YearValue
100Latest year 2022

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202310$0$0-
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-0$0--
20223100$2,026,163$1,910$19iApproximate average salary by contribution assumption: employee only about $478 at 4% or $318 at 6%; with 50% employer match about $318 at 4% or $212 at 6%; with 100% employer match about $239 at 4% or $159 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-1$1,534,089--
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-100$492,074$0-
Franchise Operations Inc. 401K Retirement Savings Plan-0-$1,910-
20213321$3,799,505$109,060$340iApproximate average salary by contribution assumption: employee only about $8,494 at 4% or $5,663 at 6%; with 50% employer match about $5,663 at 4% or $3,775 at 6%; with 100% employer match about $4,247 at 4% or $2,831 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-28$1,924,064$0-
Franchise Operations Inc. 401K Retirement Savings Plan-321$1,273,120$49,816$155iApproximate average salary by contribution assumption: employee only about $3,880 at 4% or $2,587 at 6%; with 50% employer match about $2,587 at 4% or $1,724 at 6%; with 100% employer match about $1,940 at 4% or $1,293 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-26$602,321$59,244$2,279iApproximate average salary by contribution assumption: employee only about $56,965 at 4% or $37,977 at 6%; with 50% employer match about $37,977 at 4% or $25,318 at 6%; with 100% employer match about $28,483 at 4% or $18,988 at 6%.
20203375$3,529,048$349,367$932iApproximate average salary by contribution assumption: employee only about $23,291 at 4% or $15,527 at 6%; with 50% employer match about $15,527 at 4% or $10,352 at 6%; with 100% employer match about $11,646 at 4% or $7,764 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-60$1,776,564$225,000$3,750iApproximate average salary by contribution assumption: employee only about $93,750 at 4% or $62,500 at 6%; with 50% employer match about $62,500 at 4% or $41,667 at 6%; with 100% employer match about $46,875 at 4% or $31,250 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-375$1,289,249$56,619$151iApproximate average salary by contribution assumption: employee only about $3,775 at 4% or $2,516 at 6%; with 50% employer match about $2,516 at 4% or $1,678 at 6%; with 100% employer match about $1,887 at 4% or $1,258 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-142$463,235$67,748$477iApproximate average salary by contribution assumption: employee only about $11,927 at 4% or $7,952 at 6%; with 50% employer match about $7,952 at 4% or $5,301 at 6%; with 100% employer match about $5,964 at 4% or $3,976 at 6%.
20193509$3,044,412$458,336$900iApproximate average salary by contribution assumption: employee only about $22,512 at 4% or $15,008 at 6%; with 50% employer match about $15,008 at 4% or $10,005 at 6%; with 100% employer match about $11,256 at 4% or $7,504 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-66$1,392,813$324,294$4,914iApproximate average salary by contribution assumption: employee only about $122,839 at 4% or $81,892 at 6%; with 50% employer match about $81,892 at 4% or $54,595 at 6%; with 100% employer match about $61,419 at 4% or $40,946 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-509$1,301,578$69,935$137iApproximate average salary by contribution assumption: employee only about $3,435 at 4% or $2,290 at 6%; with 50% employer match about $2,290 at 4% or $1,527 at 6%; with 100% employer match about $1,717 at 4% or $1,145 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-69$350,021$64,107$929iApproximate average salary by contribution assumption: employee only about $23,227 at 4% or $15,485 at 6%; with 50% employer match about $15,485 at 4% or $10,323 at 6%; with 100% employer match about $11,614 at 4% or $7,742 at 6%.
20183556$2,357,171$412,080$741iApproximate average salary by contribution assumption: employee only about $18,529 at 4% or $12,353 at 6%; with 50% employer match about $12,353 at 4% or $8,235 at 6%; with 100% employer match about $9,264 at 4% or $6,176 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-556$1,113,270$78,875$142iApproximate average salary by contribution assumption: employee only about $3,547 at 4% or $2,364 at 6%; with 50% employer match about $2,364 at 4% or $1,576 at 6%; with 100% employer match about $1,773 at 4% or $1,182 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-69$999,356$279,225$4,047iApproximate average salary by contribution assumption: employee only about $101,168 at 4% or $67,446 at 6%; with 50% employer match about $67,446 at 4% or $44,964 at 6%; with 100% employer match about $50,584 at 4% or $33,723 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-69$244,545$53,980$782iApproximate average salary by contribution assumption: employee only about $19,558 at 4% or $13,039 at 6%; with 50% employer match about $13,039 at 4% or $8,692 at 6%; with 100% employer match about $9,779 at 4% or $6,519 at 6%.
20173556$2,154,691$372,486$670iApproximate average salary by contribution assumption: employee only about $16,748 at 4% or $11,166 at 6%; with 50% employer match about $11,166 at 4% or $7,444 at 6%; with 100% employer match about $8,374 at 4% or $5,583 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-556$1,212,727$74,719$134iApproximate average salary by contribution assumption: employee only about $3,360 at 4% or $2,240 at 6%; with 50% employer match about $2,240 at 4% or $1,493 at 6%; with 100% employer match about $1,680 at 4% or $1,120 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-68$740,126$253,346$3,726iApproximate average salary by contribution assumption: employee only about $93,142 at 4% or $62,095 at 6%; with 50% employer match about $62,095 at 4% or $41,396 at 6%; with 100% employer match about $46,571 at 4% or $31,047 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-68$201,838$44,421$653iApproximate average salary by contribution assumption: employee only about $16,331 at 4% or $10,888 at 6%; with 50% employer match about $10,888 at 4% or $7,258 at 6%; with 100% employer match about $8,166 at 4% or $5,444 at 6%.
20163523$1,600,681$339,094$648iApproximate average salary by contribution assumption: employee only about $16,209 at 4% or $10,806 at 6%; with 50% employer match about $10,806 at 4% or $7,204 at 6%; with 100% employer match about $8,105 at 4% or $5,403 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-523$1,008,586$119,267$228iApproximate average salary by contribution assumption: employee only about $5,701 at 4% or $3,801 at 6%; with 50% employer match about $3,801 at 4% or $2,534 at 6%; with 100% employer match about $2,851 at 4% or $1,900 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-50$454,909$161,582$3,232iApproximate average salary by contribution assumption: employee only about $80,791 at 4% or $53,861 at 6%; with 50% employer match about $53,861 at 4% or $35,907 at 6%; with 100% employer match about $40,396 at 4% or $26,930 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-50$137,186$58,245$1,165iApproximate average salary by contribution assumption: employee only about $29,123 at 4% or $19,415 at 6%; with 50% employer match about $19,415 at 4% or $12,943 at 6%; with 100% employer match about $14,561 at 4% or $9,708 at 6%.
20153545$1,223,573$435,858$800iApproximate average salary by contribution assumption: employee only about $19,993 at 4% or $13,329 at 6%; with 50% employer match about $13,329 at 4% or $8,886 at 6%; with 100% employer match about $9,997 at 4% or $6,664 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-545$864,915$77,200$142iApproximate average salary by contribution assumption: employee only about $3,541 at 4% or $2,361 at 6%; with 50% employer match about $2,361 at 4% or $1,574 at 6%; with 100% employer match about $1,771 at 4% or $1,180 at 6%.
FRANCHISE OPERATIONS, INC. CASH BALANCE PLAN-56$284,122$284,122$5,074iApproximate average salary by contribution assumption: employee only about $126,840 at 4% or $84,560 at 6%; with 50% employer match about $84,560 at 4% or $56,373 at 6%; with 100% employer match about $63,420 at 4% or $42,280 at 6%.
FRANCHISE OPERATIONS, INC. PROFIT SHARING PLAN-56$74,536$74,536$1,331iApproximate average salary by contribution assumption: employee only about $33,275 at 4% or $22,183 at 6%; with 50% employer match about $22,183 at 4% or $14,789 at 6%; with 100% employer match about $16,638 at 4% or $11,092 at 6%.
20141282$866,502$56,318$200iApproximate average salary by contribution assumption: employee only about $4,993 at 4% or $3,328 at 6%; with 50% employer match about $3,328 at 4% or $2,219 at 6%; with 100% employer match about $2,496 at 4% or $1,664 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-282$866,502$56,318$200iApproximate average salary by contribution assumption: employee only about $4,993 at 4% or $3,328 at 6%; with 50% employer match about $3,328 at 4% or $2,219 at 6%; with 100% employer match about $2,496 at 4% or $1,664 at 6%.
20131384$808,402$64,656$168iApproximate average salary by contribution assumption: employee only about $4,209 at 4% or $2,806 at 6%; with 50% employer match about $2,806 at 4% or $1,871 at 6%; with 100% employer match about $2,105 at 4% or $1,403 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-384$808,402$64,656$168iApproximate average salary by contribution assumption: employee only about $4,209 at 4% or $2,806 at 6%; with 50% employer match about $2,806 at 4% or $1,871 at 6%; with 100% employer match about $2,105 at 4% or $1,403 at 6%.
20121269$634,479$61,040$227iApproximate average salary by contribution assumption: employee only about $5,673 at 4% or $3,782 at 6%; with 50% employer match about $3,782 at 4% or $2,521 at 6%; with 100% employer match about $2,836 at 4% or $1,891 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-269$634,479$61,040$227iApproximate average salary by contribution assumption: employee only about $5,673 at 4% or $3,782 at 6%; with 50% employer match about $3,782 at 4% or $2,521 at 6%; with 100% employer match about $2,836 at 4% or $1,891 at 6%.
20111286$733,890$75,665$265iApproximate average salary by contribution assumption: employee only about $6,614 at 4% or $4,409 at 6%; with 50% employer match about $4,409 at 4% or $2,940 at 6%; with 100% employer match about $3,307 at 4% or $2,205 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-286$733,890$75,665$265iApproximate average salary by contribution assumption: employee only about $6,614 at 4% or $4,409 at 6%; with 50% employer match about $4,409 at 4% or $2,940 at 6%; with 100% employer match about $3,307 at 4% or $2,205 at 6%.
20101358$743,030$77,538$217iApproximate average salary by contribution assumption: employee only about $5,415 at 4% or $3,610 at 6%; with 50% employer match about $3,610 at 4% or $2,407 at 6%; with 100% employer match about $2,707 at 4% or $1,805 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-358$743,030$77,538$217iApproximate average salary by contribution assumption: employee only about $5,415 at 4% or $3,610 at 6%; with 50% employer match about $3,610 at 4% or $2,407 at 6%; with 100% employer match about $2,707 at 4% or $1,805 at 6%.
20092292$706,388$344,114$1,178iApproximate average salary by contribution assumption: employee only about $29,462 at 4% or $19,641 at 6%; with 50% employer match about $19,641 at 4% or $13,094 at 6%; with 100% employer match about $14,731 at 4% or $9,821 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-292$641,776$89,173$305iApproximate average salary by contribution assumption: employee only about $7,635 at 4% or $5,090 at 6%; with 50% employer match about $5,090 at 4% or $3,393 at 6%; with 100% employer match about $3,817 at 4% or $2,545 at 6%.
FRANCHISE OPERATIONS SEPARATE TRUST-71$64,612$254,941$3,591iApproximate average salary by contribution assumption: employee only about $89,768 at 4% or $59,845 at 6%; with 50% employer match about $59,845 at 4% or $39,897 at 6%; with 100% employer match about $44,884 at 4% or $29,923 at 6%.
20081290$457,963$84,667$292iApproximate average salary by contribution assumption: employee only about $7,299 at 4% or $4,866 at 6%; with 50% employer match about $4,866 at 4% or $3,244 at 6%; with 100% employer match about $3,649 at 4% or $2,433 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-290$457,963$84,667$292iApproximate average salary by contribution assumption: employee only about $7,299 at 4% or $4,866 at 6%; with 50% employer match about $4,866 at 4% or $3,244 at 6%; with 100% employer match about $3,649 at 4% or $2,433 at 6%.
20071331$661,850$90,401$273iApproximate average salary by contribution assumption: employee only about $6,828 at 4% or $4,552 at 6%; with 50% employer match about $4,552 at 4% or $3,035 at 6%; with 100% employer match about $3,414 at 4% or $2,276 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-331$661,850$90,401$273iApproximate average salary by contribution assumption: employee only about $6,828 at 4% or $4,552 at 6%; with 50% employer match about $4,552 at 4% or $3,035 at 6%; with 100% employer match about $3,414 at 4% or $2,276 at 6%.
20061274$576,967$99,388$363iApproximate average salary by contribution assumption: employee only about $9,068 at 4% or $6,045 at 6%; with 50% employer match about $6,045 at 4% or $4,030 at 6%; with 100% employer match about $4,534 at 4% or $3,023 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-274$576,967$99,388$363iApproximate average salary by contribution assumption: employee only about $9,068 at 4% or $6,045 at 6%; with 50% employer match about $6,045 at 4% or $4,030 at 6%; with 100% employer match about $4,534 at 4% or $3,023 at 6%.
20051292$479,595$90,496$310iApproximate average salary by contribution assumption: employee only about $7,748 at 4% or $5,165 at 6%; with 50% employer match about $5,165 at 4% or $3,444 at 6%; with 100% employer match about $3,874 at 4% or $2,583 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-292$479,595$90,496$310iApproximate average salary by contribution assumption: employee only about $7,748 at 4% or $5,165 at 6%; with 50% employer match about $5,165 at 4% or $3,444 at 6%; with 100% employer match about $3,874 at 4% or $2,583 at 6%.
20041293$417,209$99,989$341iApproximate average salary by contribution assumption: employee only about $8,531 at 4% or $5,688 at 6%; with 50% employer match about $5,688 at 4% or $3,792 at 6%; with 100% employer match about $4,266 at 4% or $2,844 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-293$417,209$99,989$341iApproximate average salary by contribution assumption: employee only about $8,531 at 4% or $5,688 at 6%; with 50% employer match about $5,688 at 4% or $3,792 at 6%; with 100% employer match about $4,266 at 4% or $2,844 at 6%.
20031289$306,468$113,428$392iApproximate average salary by contribution assumption: employee only about $9,812 at 4% or $6,541 at 6%; with 50% employer match about $6,541 at 4% or $4,361 at 6%; with 100% employer match about $4,906 at 4% or $3,271 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-289$306,468$113,428$392iApproximate average salary by contribution assumption: employee only about $9,812 at 4% or $6,541 at 6%; with 50% employer match about $6,541 at 4% or $4,361 at 6%; with 100% employer match about $4,906 at 4% or $3,271 at 6%.
20021253$169,255$126,344$499iApproximate average salary by contribution assumption: employee only about $12,485 at 4% or $8,323 at 6%; with 50% employer match about $8,323 at 4% or $5,549 at 6%; with 100% employer match about $6,242 at 4% or $4,162 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-253$169,255$126,344$499iApproximate average salary by contribution assumption: employee only about $12,485 at 4% or $8,323 at 6%; with 50% employer match about $8,323 at 4% or $5,549 at 6%; with 100% employer match about $6,242 at 4% or $4,162 at 6%.
20011230$79,883$78,375$341iApproximate average salary by contribution assumption: employee only about $8,519 at 4% or $5,679 at 6%; with 50% employer match about $5,679 at 4% or $3,786 at 6%; with 100% employer match about $4,260 at 4% or $2,840 at 6%.
Franchise Operations Inc. 401K Retirement Savings Plan-230$79,883$78,375$341iApproximate average salary by contribution assumption: employee only about $8,519 at 4% or $5,679 at 6%; with 50% employer match about $5,679 at 4% or $3,786 at 6%; with 100% employer match about $4,260 at 4% or $2,840 at 6%.