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Original filing (PDF)20250701104418NAL0006693171001
FRANKLIN ELECTRIC COMPANY
Form 5500
FILING_RECEIVED
FRANKLIN ELECTRIC CO., INC. RETIREMENT PROGRAM
401(k) retirement plan
Signals · 2
13% employer stockNo recordkeeper disclosed
Active participants
1,533
Accounts w/ balance
1,974
Plan assets (EOY)
$258.0M
Net assets (EOY)
$258.0M
How this plan invests
This plan
19 pooled trusts
Schedule D
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
96
/ 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
88
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- 13% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FRANKLIN ELECTRIC COMPANY.
Plan sponsor
Name
FRANKLIN ELECTRIC COMPANY
EIN
35-0827455
Address
9255 COVERDALE ROAD · FORT WAYNE, IN · 46809
Phone
(260) 827-5876
Industry
Manufacturingsee all
Plan administrator
Name
FRANKLIN ELECTRIC COMPANY
EIN
35-0827455
City
FORT WAYNE, IN
Phone
(226) 082-7587
Plan characteristics
Plan number
007
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-01
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
GJC CPA'S & ADVISORS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| AON CONSULTING | 36-2235791 | — | INVESTMENT ADVISORY | $54K | — |
| WILSHIRE ADVISORS LLC | 95-2755361 | — | INVESTMENT ADVISORY | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $186K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GJC CPA'S & ADVISORS | 27-0475249 | — | ACCOUNTANT | $12K | — |
Investments
11 direct securities · 19 pooled funds· $305.6M(100% 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.
Common Collective Trust
$181.6M
19 holdings
Uncategorized
$124.0M
11 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| State Street Global Advisors S&P 500 Index Fund | — | — | — | $37.9M | 14.7% | |
| SSGA SP 500 IDX SEC LND SER II STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 078 | Common Collective Trust | — | — | $37.9M | 14.7% | |
| Franklin Electric Co., Inc. Common Stock | — | — | — | $32.1M | 12.4% | |
| INVESCO STABLE VALUE TR CLS B1 INVESCO NATIONAL TRUST CO · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $19.9M | 7.7% | |
| LOOMIS SAYLES LG CP GR TR D FD LOOMIS SAYLES TRUST COMPANY LLC · EIN 84-6391546 / PN 012 | Common Collective Trust | — | — | $19.9M | 7.7% | |
| T. Rowe Price Associates, Inc. Large Cap Value Fund | — | — | — | $16.3M | 6.3% | |
| SSGA TARGET RET 2030 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 316 | Common Collective Trust | — | — | $15.4M | 6.0% | |
| SSGA TARGET RET 2040 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 318 | Common Collective Trust | — | — | $14.9M | 5.8% | |
| SSGA TARGET RET 2035 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 317 | Common Collective Trust | — | — | $10.2M | 4.0% | |
| SSGA TARGET RET 2050 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 320 | Common Collective Trust | — | — | $8.9M | 3.5% | |
| State Street Global Advisors Russell Small/Mid Cap Index Fund | — | — | — | $8.7M | 3.4% | |
| SSGA RUSS SM MD CP IDX CL II STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 091 | Common Collective Trust | — | — | $8.7M | 3.4% | |
| Capital Research and Management Co EuroPacific Growth Fund | — | — | — | $8.1M | 3.1% | |
| SSGA TARGET RET 2025 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 315 | Common Collective Trust | — | — | $6.5M | 2.5% | |
| SSGA TARGET RET 2045 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 319 | Common Collective Trust | — | — | $6.5M | 2.5% | |
| SSGA TARGET RET 2055 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 325 | Common Collective Trust | — | — | $6.3M | 2.4% | |
| State Street Global Advisors State Street Target Retirement Income VI Fund | — | — | — | $5.9M | 2.3% | |
| SSGA TARGET RET INC VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 326 | Common Collective Trust | — | — | $5.9M | 2.3% | |
| BLACKROCK TOTAL RET BOND L FD BLACKROCK INST TRUST CO · EIN 93-2706044 / PN 001 | Common Collective Trust | — | — | $5.8M | 2.2% | |
| SSGA TARGET RET 2060 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 454 | Common Collective Trust | — | — | $5.0M | 1.9% | |
| Meridian Growth Institutional Fund | — | — | — | $4.6M | 1.8% | |
| Notes receivable (maturing 2025 to 2034 at interest * Various participants rates of 4.25% to 9.50%) — | — | — | — | $3.5M | 1.4% | |
| STATE STREET US BD ID SL XIV STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 477 | Common Collective Trust | — | — | $3.5M | 1.3% | |
| State Street Global Advisors International Equity Index Fund | — | — | — | $3.1M | 1.2% | |
| SSGA GL AC EQ EXUS IDX SL II STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 444 | Common Collective Trust | — | — | $3.1M | 1.2% | |
| Dimensional Fund Advisors Small Cap Value Fund | — | — | — | $2.9M | 1.1% | |
| SSGA TARGET RET 2020 VI FD STATE STREET BANK AND TRUST COMPANY · EIN 90-0337987 / PN 314 | Common Collective Trust | — | — | $1.3M | 0.5% | |
| Pacific Investment Management Co. Diversified Real Asset Collective Trust | — | — | — | $999K | 0.4% | |
| PIMCO DIVERS REAL ASST COLL TR SEI TRUST COMPANY · EIN 27-0834899 / PN 035 | Common Collective Trust | — | — | $999K | 0.4% | |
| SSGA TARGET RET 2065 VI FD STATE STREET GLOBAL ADVISORS · EIN 32-6528132 / PN 049 | Common Collective Trust | — | — | $931K | 0.4% |
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