1st Franklin Financial Corporation

66
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
66
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (46)
Average in Peer Group (78)
Highest in Peer Group (91)

Plan Description

1st Franklin Financial 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Participation Rate. 1st Franklin Financial 401k Retirement Plan currently has over 1,500 active participants and over $65.9M in plan assets.

Did you know?

For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (66) and the top rated plan (91) could equate to:
15
Additional years of work
172,631
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 49 East Doyle St., Po Box 880
  • Location
    Toccoa , GA
  • 30577
  • Industry
    Consumer Lending
  • Administrator
    Mike Haynie
  • Sponsor
    A. Roger Guimond
  • Net Plan Assets
    $65,900,000
  • Total Participants
    1,500
  • Avg Account Balance
    $45,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

18

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Charles Schwab Managed Retirement 22%
N/A
T. Rowe Price Institutional Large Cap Value 11%
49%
Vanguard Institutional Index 10%
14%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Charles Schwab
Auditor
Deloitte & Touche, LLP

Articles and Questions

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