Civic Intelligence

The Franklin Academy Inc.

Plan context: The Franklin Academy 401(K) Retirement Plan

EIN 56-2085431 • Raleigh, NC • 23 filings • 2 plans

4641 Paragon Park RoadRaleigh, NC 27616
Current Snapshot

Latest Year

2024

2024 Participants

166

2024 Assets

$13,544,788

2024 Contributions

$1,004,693

Historical Graphs

Total Assets Over Time

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

$13,544,788$6,772,394$0200920172024YearValue
$13,544,788Latest year 2024

Participants Over Time

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

3431720200920172024YearValue
166Latest year 2024

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
20241166$13,544,788$1,004,693$6,052iApproximate average salary by contribution assumption: employee only about $151,309 at 4% or $100,873 at 6%; with 50% employer match about $100,873 at 4% or $67,249 at 6%; with 100% employer match about $75,655 at 4% or $50,436 at 6%.
The Franklin Academy 401(K) Retirement Plan-166$13,544,788$1,004,693$6,052iApproximate average salary by contribution assumption: employee only about $151,309 at 4% or $100,873 at 6%; with 50% employer match about $100,873 at 4% or $67,249 at 6%; with 100% employer match about $75,655 at 4% or $50,436 at 6%.
20232343$11,662,099$1,015,893$2,962iApproximate average salary by contribution assumption: employee only about $74,045 at 4% or $49,363 at 6%; with 50% employer match about $49,363 at 4% or $32,909 at 6%; with 100% employer match about $37,022 at 4% or $24,682 at 6%.
The Franklin Academy 401(K) Retirement Plan-166$11,662,099$1,015,893$6,120iApproximate average salary by contribution assumption: employee only about $152,996 at 4% or $101,997 at 6%; with 50% employer match about $101,997 at 4% or $67,998 at 6%; with 100% employer match about $76,498 at 4% or $50,999 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-343---
20222284$9,901,866$888,105$3,127iApproximate average salary by contribution assumption: employee only about $78,178 at 4% or $52,119 at 6%; with 50% employer match about $52,119 at 4% or $34,746 at 6%; with 100% employer match about $39,089 at 4% or $26,059 at 6%.
The Franklin Academy 401(K) Retirement Plan-158$9,901,866$888,105$5,621iApproximate average salary by contribution assumption: employee only about $140,523 at 4% or $93,682 at 6%; with 50% employer match about $93,682 at 4% or $62,455 at 6%; with 100% employer match about $70,261 at 4% or $46,841 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-284---
20212260$11,317,179$796,027$3,062iApproximate average salary by contribution assumption: employee only about $76,541 at 4% or $51,027 at 6%; with 50% employer match about $51,027 at 4% or $34,018 at 6%; with 100% employer match about $38,271 at 4% or $25,514 at 6%.
The Franklin Academy 401(K) Retirement Plan-162$11,317,179$796,027$4,914iApproximate average salary by contribution assumption: employee only about $122,844 at 4% or $81,896 at 6%; with 50% employer match about $81,896 at 4% or $54,597 at 6%; with 100% employer match about $61,422 at 4% or $40,948 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-260---
20202284$9,287,290$727,220$2,561iApproximate average salary by contribution assumption: employee only about $64,016 at 4% or $42,677 at 6%; with 50% employer match about $42,677 at 4% or $28,451 at 6%; with 100% employer match about $32,008 at 4% or $21,339 at 6%.
The Franklin Academy 401(K) Retirement Plan-151$9,287,290$727,220$4,816iApproximate average salary by contribution assumption: employee only about $120,401 at 4% or $80,267 at 6%; with 50% employer match about $80,267 at 4% or $53,511 at 6%; with 100% employer match about $60,200 at 4% or $40,134 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-284---
20192293$7,300,983$690,832$2,358iApproximate average salary by contribution assumption: employee only about $58,945 at 4% or $39,296 at 6%; with 50% employer match about $39,296 at 4% or $26,198 at 6%; with 100% employer match about $29,472 at 4% or $19,648 at 6%.
The Franklin Academy 401(K) Retirement Plan-184$7,300,983$690,832$3,755iApproximate average salary by contribution assumption: employee only about $93,863 at 4% or $62,575 at 6%; with 50% employer match about $62,575 at 4% or $41,717 at 6%; with 100% employer match about $46,932 at 4% or $31,288 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-293---
20182268$5,777,625$640,306$2,389iApproximate average salary by contribution assumption: employee only about $59,730 at 4% or $39,820 at 6%; with 50% employer match about $39,820 at 4% or $26,547 at 6%; with 100% employer match about $29,865 at 4% or $19,910 at 6%.
The Franklin Academy 401(K) Retirement Plan-189$5,777,625$640,306$3,388iApproximate average salary by contribution assumption: employee only about $84,697 at 4% or $56,464 at 6%; with 50% employer match about $56,464 at 4% or $37,643 at 6%; with 100% employer match about $42,348 at 4% or $28,232 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-268---
20172302$5,732,035$556,157$1,842iApproximate average salary by contribution assumption: employee only about $46,039 at 4% or $30,693 at 6%; with 50% employer match about $30,693 at 4% or $20,462 at 6%; with 100% employer match about $23,020 at 4% or $15,346 at 6%.
The Franklin Academy 401(K) Retirement Plan-160$5,732,035$556,157$3,476iApproximate average salary by contribution assumption: employee only about $86,900 at 4% or $57,933 at 6%; with 50% employer match about $57,933 at 4% or $38,622 at 6%; with 100% employer match about $43,450 at 4% or $28,967 at 6%.
THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN-302---
20161160$4,408,374$484,947$3,031iApproximate average salary by contribution assumption: employee only about $75,773 at 4% or $50,515 at 6%; with 50% employer match about $50,515 at 4% or $33,677 at 6%; with 100% employer match about $37,886 at 4% or $25,258 at 6%.
The Franklin Academy 401(K) Retirement Plan-160$4,408,374$484,947$3,031iApproximate average salary by contribution assumption: employee only about $75,773 at 4% or $50,515 at 6%; with 50% employer match about $50,515 at 4% or $33,677 at 6%; with 100% employer match about $37,886 at 4% or $25,258 at 6%.
20151165$3,704,534$465,977$2,824iApproximate average salary by contribution assumption: employee only about $70,603 at 4% or $47,068 at 6%; with 50% employer match about $47,068 at 4% or $31,379 at 6%; with 100% employer match about $35,301 at 4% or $23,534 at 6%.
The Franklin Academy 401(K) Retirement Plan-165$3,704,534$465,977$2,824iApproximate average salary by contribution assumption: employee only about $70,603 at 4% or $47,068 at 6%; with 50% employer match about $47,068 at 4% or $31,379 at 6%; with 100% employer match about $35,301 at 4% or $23,534 at 6%.
20141157$3,585,612$530,632$3,380iApproximate average salary by contribution assumption: employee only about $84,496 at 4% or $56,330 at 6%; with 50% employer match about $56,330 at 4% or $37,554 at 6%; with 100% employer match about $42,248 at 4% or $28,165 at 6%.
The Franklin Academy 401(K) Retirement Plan-157$3,585,612$530,632$3,380iApproximate average salary by contribution assumption: employee only about $84,496 at 4% or $56,330 at 6%; with 50% employer match about $56,330 at 4% or $37,554 at 6%; with 100% employer match about $42,248 at 4% or $28,165 at 6%.
20131145$2,963,700$372,894$2,572iApproximate average salary by contribution assumption: employee only about $64,292 at 4% or $42,861 at 6%; with 50% employer match about $42,861 at 4% or $28,574 at 6%; with 100% employer match about $32,146 at 4% or $21,431 at 6%.
The Franklin Academy 401(K) Retirement Plan-145$2,963,700$372,894$2,572iApproximate average salary by contribution assumption: employee only about $64,292 at 4% or $42,861 at 6%; with 50% employer match about $42,861 at 4% or $28,574 at 6%; with 100% employer match about $32,146 at 4% or $21,431 at 6%.
20121146$2,088,526$392,422$2,688iApproximate average salary by contribution assumption: employee only about $67,196 at 4% or $44,797 at 6%; with 50% employer match about $44,797 at 4% or $29,865 at 6%; with 100% employer match about $33,598 at 4% or $22,399 at 6%.
The Franklin Academy 401(K) Retirement Plan-146$2,088,526$392,422$2,688iApproximate average salary by contribution assumption: employee only about $67,196 at 4% or $44,797 at 6%; with 50% employer match about $44,797 at 4% or $29,865 at 6%; with 100% employer match about $33,598 at 4% or $22,399 at 6%.
20111120$1,569,493$434,729$3,623iApproximate average salary by contribution assumption: employee only about $90,569 at 4% or $60,379 at 6%; with 50% employer match about $60,379 at 4% or $40,253 at 6%; with 100% employer match about $45,284 at 4% or $30,190 at 6%.
The Franklin Academy 401(K) Retirement Plan-120$1,569,493$434,729$3,623iApproximate average salary by contribution assumption: employee only about $90,569 at 4% or $60,379 at 6%; with 50% employer match about $60,379 at 4% or $40,253 at 6%; with 100% employer match about $45,284 at 4% or $30,190 at 6%.
20101120$1,225,699$367,918$3,066iApproximate average salary by contribution assumption: employee only about $76,650 at 4% or $51,100 at 6%; with 50% employer match about $51,100 at 4% or $34,066 at 6%; with 100% employer match about $38,325 at 4% or $25,550 at 6%.
The Franklin Academy 401(K) Retirement Plan-120$1,225,699$367,918$3,066iApproximate average salary by contribution assumption: employee only about $76,650 at 4% or $51,100 at 6%; with 50% employer match about $51,100 at 4% or $34,066 at 6%; with 100% employer match about $38,325 at 4% or $25,550 at 6%.
20091122$753,917$602,342$4,937iApproximate average salary by contribution assumption: employee only about $123,431 at 4% or $82,287 at 6%; with 50% employer match about $82,287 at 4% or $54,858 at 6%; with 100% employer match about $61,715 at 4% or $41,144 at 6%.
The Franklin Academy 401(K) Retirement Plan-122$753,917$602,342$4,937iApproximate average salary by contribution assumption: employee only about $123,431 at 4% or $82,287 at 6%; with 50% employer match about $82,287 at 4% or $54,858 at 6%; with 100% employer match about $61,715 at 4% or $41,144 at 6%.