Original filing (PDF)20250703132904NAL0001489042001

FRANKLIN RESOURCES, INC.

Name: FRANKLIN RESOURCES, INC. — FRANKLIN TEMPLETON 401(K) RETIREMENT PLAN, Form 5500 (2024)
Creator: FRANKLIN RESOURCES, INC.

Form 5500

FILING_RECEIVED

FRANKLIN TEMPLETON 401(K) RETIREMENT PLAN

401(k) retirement plan

Active participants

4,383

Accounts w/ balance

6,627

Plan assets (EOY)

$2.8B

Net assets (EOY)

$2.8B

How this plan invests

This plan

35 pooled trusts

Schedule D

49 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

100

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

100

Vendor stack

100

Participation health

100

Helping the score

Below-peer total fees (2 bps vs 5 bps peer median).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FRANKLIN RESOURCES, INC..

Plan sponsor

Name

FRANKLIN RESOURCES, INC.

EIN

13-2670991

Address

ONE FRANKLIN PARKWAY · SAN MATEO, CA · 94403

Phone

(800) 632-2350

Industry

Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-03

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2R · Participant-directed brokerage (SDBA)

2S · Automatic enrollment

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

SC&H ATTEST SERVICES, P.C.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
MERRILL LYNCH, PIERCE, FENNER AND S	13-5674085	—	RECORDKEEPER	$291K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
CALLAN LLC	94-2192581	—	CONSULTANT	$221K	—
GALLAGHER FIDUCIARY ADVISORS, LLC	36-4291971	—	CONSULTANT	$124K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
MMA	26-3237576	—	OTHER	$18K	—

Investments

29 direct securities · 35 pooled funds· $2.8B(99% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$1.4B

29 holdings

Common Collective Trust

$1.4B

35 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
STATE STREET S&P 500 INDX SL CL II STATE STREET BANK AND TRUST COMPANY · EIN 04-0025081 / PN 078	Common Collective Trust	—	—	$479.9M	17.2%
Franklin Growth Fund Class R6 Mutual fund	—	—	—	$331.6M	11.9%
Various Self-directed brokerage	—	—	—	$171.9M	6.1%
Franklin Mutual Beacon Fund Mutual fund	—	—	—	$140.8M	5.0%
Franklin Rising Dividends Fund Class R6 Mutual fund	—	—	—	$118.5M	4.2%
STATE STREET TARGET RETIREMENT 2035 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 499	Common Collective Trust	—	—	$114.3M	4.1%
Franklin Income Fund Class R6 Mutual fund	—	—	—	$109.9M	3.9%
STATE STREET TARGET RETIREMENT 2040 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 493	Common Collective Trust	—	—	$105.5M	3.8%
GALLIARD STABLE RETURN FUND CLASS Q SEI TRUST COMPANY · EIN 52-2250959 / PN 001	Common Collective Trust	—	—	$105.1M	3.8%
Franklin Small Cap Growth Fund Class R6 Mutual fund	—	—	—	$90.6M	3.2%
STATE STREET TARGET RETIREMENT 2045 STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 001	Common Collective Trust	—	—	$81.4M	2.9%
STATE STREET TARGET RETIREMENT 2030 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 492	Common Collective Trust	—	—	$81.3M	2.9%
STATE STREET TARGET RETIREMENT 2050 STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 002	Common Collective Trust	—	—	$75.8M	2.7%
SSGA RUSSELL SMALL/MID CAP INDEX CL STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 019	Common Collective Trust	—	—	$64.9M	2.3%
Franklin Small Cap Value Fund Class R6 Mutual fund	—	—	—	$60.6M	2.2%
STATE STREET INTRNL INDX CL IX STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 010	Common Collective Trust	—	—	$59.2M	2.1%
STATE STREET US BND INDX SL CL XIV STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 477	Common Collective Trust	—	—	$53.1M	1.9%
Templeton Developing Markets Trust Class R6 Mutual fund	—	—	—	$47.2M	1.7%
STATE STREET TARGET RETIREMENT 2025 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 498	Common Collective Trust	—	—	$45.1M	1.6%
STATE STREET TARGET RETIREMENT 2055 STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 005	Common Collective Trust	—	—	$44.6M	1.6%
Franklin Equity Income Fund Class R6 Mutual fund	—	—	—	$38.2M	1.4%
Franklin DynaTech Fund Mutual fund	—	—	—	$38.1M	1.4%
Western Asset Core Plus Bond Fund Mutual fund	—	—	—	$31.2M	1.1%
Franklin Resources, Inc. common stock Common stock	—	—	—	$30.8M	1.1%
ClearBridge Large Cap Growth Fund Mutual fund	—	—	—	$26.4M	0.9%
Franklin International Growth Fund Class R6 Mutual fund	—	—	—	$23.9M	0.9%
T. Rowe Price Large Cap Growth Mutual fund	—	—	—	$22.4M	0.8%
Templeton Foreign Fund Class R6 Mutual fund	—	—	—	$21.3M	0.8%
Vanguard Equity Income Fund Mutual fund	—	—	—	$20.2M	0.7%
Franklin Core Plus Bond Fund Mutual fund	—	—	—	$15.7M	0.6%
Templeton Global Bond Fund Class R6 Mutual fund	—	—	—	$15.2M	0.5%
accounts * Participant loans Participant loans - various —	—	—	—	$14.0M	0.5%
BrandywineGlobal Corporate Credit Fund Mutual fund	—	—	—	$11.7M	0.4%
STATE STREET TARGET RETIREMENT INC STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 490	Common Collective Trust	—	—	$11.1M	0.4%
ClearBridge Dividend Strategy Fund Mutual fund	—	—	—	$10.9M	0.4%
STATE STREET TARGET RETIREMENT 2060 STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 008	Common Collective Trust	—	—	$10.7M	0.4%
Putnam Stable Value Fund Gross Mutual fund	—	—	—	$8.5M	0.3%
WELLINGTON CIF II CORE BOND PLUS (S WELLINGTON TRUST · EIN 04-6913417 / PN 164	Common Collective Trust	—	—	$8.4M	0.3%
Franklin High Income Fund Mutual fund	—	—	—	$6.9M	0.2%
STATE STREET TARGET RETIREMENT 2020 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 491	Common Collective Trust	—	—	$6.5M	0.2%
WTC NAM CIF TR II EMERGING MARKETS WELLINGTON TRUST · EIN 04-6913417 / PN 192	Common Collective Trust	—	—	$6.1M	0.2%
STATE STREET TARGET RETIREMENT 2065 STATE STREET BANK AND TRUST COMPANY · EIN 32-6528132 / PN 046	Common Collective Trust	—	—	$5.2M	0.2%
MFS INTERNATIONAL GROWTH FUND CLASS MFS · EIN 57-1187281 / PN 001	Common Collective Trust	—	—	$4.5M	0.2%
PGIM US Broad Market High Yield Fund Mutual fund	—	—	—	$3.9M	0.1%
Vanguard International Value Fund Mutual fund	—	—	—	$3.3M	0.1%
ClearBridge Sustainability Leaders Fund Mutual fund	—	—	—	$2.8M	0.1%
Western Asset Core Bond Fund Mutual fund	—	—	—	$2.1M	<0.1%
BrandywineGlobal Global Opportunities Fund (non-hedged) Mutual fund	—	—	—	$471K	<0.1%
LOOMIS SAYLES GLOBAL CIT CLASS C LOOMIS SAYLES TRUST COMPANY · EIN 84-6391546 / PN 013	Common Collective Trust	—	—	$394K	<0.1%
STATE STREET TARGET RETIREMENT 2035 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 467	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2030 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 466	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2045 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 469	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2025 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 465	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2050 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 470	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2020 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 464	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2055 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 471	Common Collective Trust	—	—	$0	<0.1%
STATE STREET SP 500 INDEX CLASS K STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 388	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2060 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 472	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2065 STATE STREET BANK AND TRUST COMPANY · EIN 04-0025081 / PN 001	Common Collective Trust	—	—	$0	<0.1%
STATE STREET RUSSELL SMALL MID CAP STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 461	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT INCO STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 473	Common Collective Trust	—	—	$0	<0.1%
STATE STREET INTERNATIONAL INDEX NL STATE STREET BANK AND TRUST COMPANY · EIN 04-0025081 / PN 009	Common Collective Trust	—	—	$0	<0.1%
STATE STREET US BOND INDEX CLASS K STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 462	Common Collective Trust	—	—	$0	<0.1%
STATE STREET TARGET RETIREMENT 2040 STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 468	Common Collective Trust	—	—	$0	<0.1%