1st Franklin Financial 401(k) match, vesting and fees
What 1st Franklin Financial's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| 1st Franklin Financial: employer contribution per participant | $1,634 | |
| Peer median | $3,266 |
| 1st Franklin Financial: average balance | $66,924 | |
| Peer median | $137,177 |
| 1st Franklin Financial: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $102M at the end of plan year 2021 to $131M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 2,004 | $131M | $3.2M | $1,634 | 0.20% | Not published | Form 5500 ↗ |
| 2024 | 1,907 | $112M | $3M | $1,625 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 1,954 | $102M | $1.9M | $1,001 | 0.26% | Not published | Form 5500 ↗ |
| 2022 | 1,733 | $88.2M | $3M | $1,736 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 1,609 | $102M | $2.6M | $1,651 | 0.21% | Not published | Form 5500 ↗ |
Common questions
Does 1st Franklin Financial match 401(k) contributions?
The match terms for the 1st Franklin Financial 401(k) Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $3.2M in employer contributions, about $1,634 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the 1st Franklin Financial 401(k) match vested?
The vesting schedule for the 1st Franklin Financial 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the 1st Franklin Financial 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Schwab Retirement Plan Services,inc. The plan administrator is 1st Franklin Financial Corporation.
I left 1st Franklin Financial. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (1st Franklin Financial Corporation, (706) 886-7571) or the recordkeeper, Schwab Retirement Plan Services,inc. The 1st Franklin Financial old 401(k) page lists the contacts from every plan filing. Find an old 1st Franklin Financial 401(k)
Data from the public Form 5500 annual reports 1st Franklin Financial filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with 1st Franklin Financial. Not financial advice. Report a correction · Methodology