Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
FRANKLIN ELECTRIC COMPANY
EIN 35-0827455electrical/electronic manufacturingLatest filing 2025
Plans
3
Retirement
2
$380.9M assets
Welfare
1
$3.8M premiums
Participants
6,482
9255 COVERDALE ROAD - FORT WAYNE, IN 46809260-827-5876franklin-electric.comLinkedIn5001-10000 employeeselectrical/electronic manufacturing
Plans on this EIN
3 filingsRetirement portfolio analytics
2 plans aggregated / $380.9M assets / 4,120 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $3.8M premiums / 3,359 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Vision$2.1M
- Stop-loss$2.1M
- Other$1.6M
- Life$1.4M
- Short-term disability$1.4M
- Long-term disability$1.4M
Carrier market share
Premium dollars by Schedule A carrier
62%top
- CIGNA HEALTH AND LIFE INSURANCE COMPANY62%
- RELIASTAR LIFE INSURANCE COMPANY37%
- LIFE INSURANCE COMPANY OF NORTH AMERICA1%
Broker market share
Schedule A broker compensation
91%top
- THE PLEXUS GROUPE LLC91%
- FRANKLIN ELECTRIC COMPANY, INC.5%
- ADP INC3%
- WILLIS TOWERS WATSON US LLC2%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#007
FRANKLIN ELECTRIC CO., INC. RETIREMENT PROGRAM
401k
Assets$279.9M
Participants1,992
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
FRANKLIN ELECTRIC CO., INC. PENSION PLAN
CashBalance
Assets$101.0M
Participants2,128
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
FRANKLIN ELECTRIC CO., INC EMPLOYEE WELFARE BENEFITS PLAN
Mixed - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
Premiums$3.8M
Covered lives3,359
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 007 | FRANKLIN ELECTRIC CO., INC. RETIREMENT PROGRAM | 401k | $279.9M | 1,992 | 2025 | |
| 002 | FRANKLIN ELECTRIC CO., INC. PENSION PLAN | CashBalance | $101.0M | 2,128 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | FRANKLIN ELECTRIC CO., INC EMPLOYEE WELFARE BENEFITS PLAN | Mixed | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $3.8M | 3,359 | 2025 |
Retirement plans
Welfare plans