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THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameTHE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN
Plan identification number 501

THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Dental

401k Sponsoring company profile

THE FRANKLIN ACADEMY, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE FRANKLIN ACADEMY, INC.
Employer identification number (EIN):562085431
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-11-01
5012021-11-01
5012020-11-01
5012019-11-01
5012018-11-01
5012017-11-01BILL FRANCIS

Plan Statistics for THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN

401k plan membership statisitcs for THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN

Measure Date Value
2022: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-11-01260
Total number of active participants reported on line 7a of the Form 55002022-11-01284
Total of all active and inactive participants2022-11-01284
2021: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-11-01284
Total number of active participants reported on line 7a of the Form 55002021-11-01260
Total of all active and inactive participants2021-11-01260
2020: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-11-01293
Total number of active participants reported on line 7a of the Form 55002020-11-01284
Total of all active and inactive participants2020-11-01284
2019: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year2019-11-01268
Total number of active participants reported on line 7a of the Form 55002019-11-01293
Total of all active and inactive participants2019-11-01293
2018: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2018 401k membership
Total participants, beginning-of-year2018-11-01302
Total number of active participants reported on line 7a of the Form 55002018-11-01268
Total of all active and inactive participants2018-11-01268
2017: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2017 401k membership
Total participants, beginning-of-year2017-11-01302
Total number of active participants reported on line 7a of the Form 55002017-11-01302
Total of all active and inactive participants2017-11-01302

Form 5500 Responses for THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN

2022: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01Plan funding arrangement – InsuranceYes
2022-11-01Plan benefit arrangement – InsuranceYes
2021: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Plan funding arrangement – InsuranceYes
2021-11-01Plan benefit arrangement – InsuranceYes
2020: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01Plan funding arrangement – InsuranceYes
2020-11-01Plan benefit arrangement – InsuranceYes
2019: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2019 form 5500 responses
2019-11-01Type of plan entitySingle employer plan
2019-11-01Plan funding arrangement – InsuranceYes
2019-11-01Plan benefit arrangement – InsuranceYes
2018: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2018 form 5500 responses
2018-11-01Type of plan entitySingle employer plan
2018-11-01Plan funding arrangement – InsuranceYes
2018-11-01Plan benefit arrangement – InsuranceYes
2017: THE FRANKLIN ACADEMY, INC EMPLOYEE BENEFIT PLAN 2017 form 5500 responses
2017-11-01Type of plan entitySingle employer plan
2017-11-01First time form 5500 has been submittedYes
2017-11-01Plan funding arrangement – InsuranceYes
2017-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered284
Insurance policy start date2022-11-01
Insurance policy end date2023-10-31
Total amount of commissions paid to insurance brokerUSD $3,106
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $81,752
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,106
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered260
Insurance policy start date2021-11-01
Insurance policy end date2022-10-31
Total amount of commissions paid to insurance brokerUSD $3,049
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $64,925
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,049
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered284
Insurance policy start date2020-11-01
Insurance policy end date2021-10-31
Total amount of commissions paid to insurance brokerUSD $3,034
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $84,166
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,034
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered293
Insurance policy start date2019-11-01
Insurance policy end date2020-10-31
Total amount of commissions paid to insurance brokerUSD $2,989
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $75,961
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,989
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered268
Insurance policy start date2018-11-01
Insurance policy end date2019-10-31
Total amount of commissions paid to insurance brokerUSD $2,991
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $75,034
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,991
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05596755
Policy instance 1
Insurance contract or identification numberTM05596755
Number of Individuals Covered302
Insurance policy start date2017-11-01
Insurance policy end date2018-10-31
Total amount of commissions paid to insurance brokerUSD $3,055
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $3,055
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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