The Franklin Academy Inc.
Plan context: The Franklin Academy 401(K) Retirement Plan
EIN 56-2085431 • Raleigh, NC • 23 filings • 2 plans
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
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 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%. |
| 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%. |
| 2023 | 2 | 343 | $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 | - | - | - |
| 2022 | 2 | 284 | $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 | - | - | - |
| 2021 | 2 | 260 | $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 | - | - | - |
| 2020 | 2 | 284 | $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 | - | - | - |
| 2019 | 2 | 293 | $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 | - | - | - |
| 2018 | 2 | 268 | $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 | - | - | - |
| 2017 | 2 | 302 | $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 | - | - | - |
| 2016 | 1 | 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%. |
| 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%. |
| 2015 | 1 | 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%. |
| 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%. |
| 2014 | 1 | 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%. |
| 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%. |
| 2013 | 1 | 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%. |
| 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%. |
| 2012 | 1 | 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%. |
| 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%. |
| 2011 | 1 | 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%. |
| 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%. |
| 2010 | 1 | 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%. |
| 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%. |
| 2009 | 1 | 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%. |
| 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%. |