P PlanScore

Home / Employer profile

Department of Labor filing

FRANKLIN LOGISTICS INC.

FRANKLIN LOGISTICS INC. 401(K) PLAN · For the plan year ended Dec 31, 2024

Spot something wrong?
Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

32filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$24

Reported employer contributions per active participant.

Higher than about 6% of comparable plans
#People in the filing
2,338

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$17 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 94% of comparable plans
↗Investment performance
Not available

Plan assets changed -5.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202432out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions6th percentileTypical peer $1,094 · based on 53 comparable plans
Lower reported administrative expense94th percentileTypical peer $60 · based on 53 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, FRANKLIN LOGISTICS INC. reported $56,643 in employer contributions across the plan and 2,338 active participants. That works out to $24 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy98%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 33.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 16.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context32/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$56,643
Participant contributions
$463,950
Other contributions
$3,070
Employer share of reported contributions
10.9%
Beginning assets
$9,183,057
Ending assets
$8,638,593
Ending net assets
$8,638,593
Ending liabilities
$0
Total income
$1,820,082
Total expenses
$2,364,546
Administrative expenses
$40,808
Participant loans
$327,353

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$36
2023
$30
2024
$24
Plan-paid administrative expenses per participant
2022
$20
2023
$19
2024
$17
Active participants
2022
2,289
2023
2,370
2024
2,338
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$242,3388.6M20251015131301NAL0002463667001
2023$302,3709.2M20241015103452NAL0047384912001
2022$362,2899.7M20231010120834NAL0056755330001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
3.8%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
351821968-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 1993
Industry
Transportation and warehousing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLIANCE BERNSTEIN2024Not reportedunknown
AMG FUNDS LLC2024Not reportedunknown
BOSTON PARTNERS2024Not reportedunknown
CALVERT INVESTMENTS2024Not reportedunknown
DODGE & COX FUNDS2024Not reportedunknown
EDGEWOOD FUNDS2024Not reportedunknown
FEDERATED FUNDS2024Not reportedunknown
FIDELITY INVESTMENTS2024Not reportedunknown
FIRST EAGLE FUNDS2024Not reportedunknown
GOLDMAN SACHS & CO2024Not reportedunknown
HARBOR CAPITAL ADVISORS INC2024Not reportedunknown
INVESCO2024Not reportedunknown
JANUS CAPITAL GROUP2024Not reportedunknown
JOHN HANCOCK FUNDS2024Not reportedunknown
LOOMIS SAYLES FUND2024Not reportedunknown
NATIXIS GLOBAL ASSET MANAGEMENT2024Not reportedunknown
OAKMARK FUNDS2024Not reportedunknown
PIMCO2024Not reportedunknown
PRIMECAP ODYSSEY FUNDS2024Not reportedunknown
ROBECO INVESTMENT MANAGEMENT2024Not reportedunknown
T. ROWE PRICE2024Not reportedunknown
VANGUARD INVESTMENTS2024Not reportedunknown
VIRTUS FUNDS2024Not reportedunknown
WELLS FARGO ADVANTAGE FUNDS2024Not reportedunknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →
Filing ACK_ID20251015131301NAL0002463667001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗