Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Franklin Mutual Insurance
Franklin Mutual Insurance 401(k)
- Finance and insurance
- Branchville, NJ
- EIN 22-0923502
- 1 plan with Schedule H financials
- Plan year 2024
- Franklin Mutual Insurance Company
- SEC registrant Franklin Mutual Insurance Co
Total assets, end of year · Franklin Mutual Profit Sharing Plan · plan year 2024
$31,306,641
154 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260420063803NAL0000626083001, received 2026-04-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260420063803NAL0000626083001, received 2026-04-20
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2026-04-20.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 154
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260420063803NAL0000626083001, received 2026-04-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260420063803NAL0000626083001, received 2026-04-20
Administrative expenses per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 154
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260420063803NAL0000626083001, received 2026-04-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260420063803NAL0000626083001, received 2026-04-20
Administrative expenses as a share of assets
0.000%
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / $31,306,641
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260420063803NAL0000626083001, received 2026-04-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260420063803NAL0000626083001, received 2026-04-20
Employer contributions per participant
$11,613
Higher than 99% of the 24,050 plans $10 to 50M that report it.
Source
= $1,788,424 / 154
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260420063803NAL0000626083001, received 2026-04-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260420063803NAL0000626083001, received 2026-04-20
Employer share of total contributions
63.7%
Higher than 98% of the 24,084 plans $10 to 50M that report it.
Source
= $1,788,424 / $2,808,689
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260420063803NAL0000626083001, received 2026-04-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260420063803NAL0000626083001, received 2026-04-20
Plan terms, as stated in Franklin Mutual Insurance Company's SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260420063803NAL0000626083001, received 2026-04-20
Full record, Franklin Mutual Profit Sharing Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FRANKLIN MUTUAL INSURANCE COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Plan name | FRANKLIN MUTUAL PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Sponsor EIN / plan number | 22-0923502 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Sponsor location | BRANCHVILLE, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Industry (business code) | 524140, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Filing received | 2026-04-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Participants, beginning of year | 145 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Active participants | 120 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Participants, end of year | 154 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Participants with an account balance | 154 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total assets, beginning of year | $30,226,838 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total assets, end of year | $31,306,641 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Net assets, end of year | $31,306,641 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total income | $6,499,475 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Net income | $1,079,803 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Employer contributions | $1,788,424 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Participant contributions | $536,336 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Other contributions (incl. rollovers) | $483,929 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total contributions | $2,808,689 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Benefit payments | $5,419,672 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total expenses (incl. benefit payments) | $5,419,672 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Total administrative expenses | $0 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Held in mutual funds | $28,463,824 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260420063803NAL0000626083001, received 2026-04-20 |
| Independent auditor | BROWN PLUS | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260420063803NAL0000626083001, received 2026-04-20 |
Position = column in the DOL layout for form year 2024. Filing 20260420063803NAL0000626083001, received 2026-04-20.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| AMERICAN CENTURY INVESTMENT MANAGEM | NONE | 28 Investment management; 52 Investment management fees paid indirectly by plan | $0 | yes |
| PUTNAM INVESTMENT MANAGEMENT, LLC | NONE | 28 Investment management; 52 Investment management fees paid indirectly by plan | $0 | yes |
| FIDELITY MANAGEMENT & RESEARCH COMP | NONE | 28 Investment management; 52 Investment management fees paid indirectly by plan | $0 | yes |
| ARTISAN PARTNERS LIMITED PARTNERSHI | NONE | 28 Investment management; 52 Investment management fees paid indirectly by plan | $0 | yes |
| CHARLES SCHWAB & CO., INC. | NONE | 19 Custodial (securities); 59 Shareholder servicing fees; 62 Float revenue | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20260420063803NAL0000626083001, received 2026-04-20.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $30,226,838 | $31,306,641 | 3.6% |
| Participants with a balance | 145 | 154 | 6.2% |
| Administrative expenses | $0 | $0 | |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,710,063 | $1,788,424 | 4.6% |
Prior filing 20260420063849NAL0000626115001, received 2026-04-20; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: FRANKLIN MUTUAL INSURANCE COMPANY; SEC registrant: FRANKLIN MUTUAL INSURANCE CO (CIK 936222, matched by EIN).