Franklin Electric 401(k) and pension plans

Franklin Electric Company, Fort Wayne, IN. EIN 35-0827455. Annual reports 2009–2025. Also filed as Franklin Electric Company, Inc.; Franklin Electric Co., Inc.

Franklin Electric Company has one active retirement plan on file, the Franklin Electric Co., Inc. Retirement Program, with 1,992 participants and $280 million in assets in 2025. Principal has been its recordkeeper since 2020.

Active plans: 1
Participants: 1,992
Plan assets: $280 million
401(k) recordkeeper: Principal
Plans on file: 4
Industry: Manufacturing

All 4 plans

Active plans first

Franklin Electric Co., Inc. Retirement Program

401(k)Active

Active. The plan filed its annual report for the 2025 plan year.

Plan number: 007Employer EIN 35-0827455
Participants (2025): 1,992
Net assets (2025): $280 million
Recordkeeper: PrincipalEarlier: Wells Fargo (2009–2019)
Plan administrator: Franklin Electric Company
9255 Coverdale Road
Fort Wayne, IN 46809
(260) 827-5876As filed for 2025
In effect since: January 1, 1984

Plans merged into this one: Franklin Electric Employee Stock Ownership Plan (2010); Franklin Electric Co., Inc. Pension Plan (2025).

Earlier plan names: Franklin Electric Directed Investment Salary Plan; Franklin Electric Co. , Inc. Retirement Program; Franklin Electric Retirement Program (Ferp); Franklin Electric Co., Inc. Retirement Plan.

Year by year, 2009 to 2025

Plan year	Participants	Net assets	Recordkeeper
2025	1,992	$280 million	Principal
2024	2,042	$258 million	Principal
2023	2,068	$237 million	Principal
2022	2,197	$198 million	Principal
2021	2,191	$238 million	Principal
2020	1,693	$201 million	Principal
2019	1,895	$180 million	Wells Fargo
2018	1,872	$149 million	Wells Fargo
2017	1,887	$156 million	Wells Fargo
2016	1,745	$139 million	Wells Fargo
2015	1,690	$118 million	Wells Fargo
2014	1,743	$129 million	Wells Fargo
2013	2,063	$131 million	Wells Fargo
2012	1,882	$104 million	Wells Fargo
2011	2,055	$85.4 million	Wells Fargo
2010	3,053	$86.9 million	Wells Fargo
2009	1,844	$77.7 million	Wells Fargo

Franklin Electric Co., Inc. Pension Plan

Cash balance pensionMerged

Merged. In 2025 its assets moved to the Franklin Electric Co., Inc. Retirement Program, sponsored by Franklin Electric Company (EIN 35-0827455, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 35-0827455
Participants (2024): 2,128
Net assets (2024): $101 million
Last listed administrator: Principal2010
Plan administrator: Franklin Electric Co., Inc.
9255 Coverdale Road
Fort Wayne, IN 46809
(260) 824-2900As filed for 2025
In effect since: March 1, 1964

Plans merged into this one: Franklin Electric Co., Inc. Basic Retirement Plan (2011).

Earlier plan names: Franklin Electric Co., Inc. Cash Balance Retirement Plan.

Year by year, 2009 to 2025

Plan year	Participants	Net assets	Recordkeeper
2025	0	$0	not listed
2024	2,128	$101 million	not listed
2023	2,224	$107 million	not listed
2022	2,286	$109 million	not listed
2021	2,381	$139 million	not listed
2020	2,455	$149 million	not listed
2019	2,545	$147 million	not listed
2018	2,615	$137 million	not listed
2017	2,689	$150 million	not listed
2016	2,752	$144 million	not listed
2015	2,979	$144 million	not listed
2014	3,068	$158 million	not listed
2013	3,154	$151 million	not listed
2012	3,220	$131 million	not listed
2011	3,854	$120 million	not listed
2010	816	$29.6 million	Principal
2009	809	$25.7 million	not listed

Franklin Electric Co., Inc. Basic Retirement Plan

Pension (defined benefit)Merged

Merged. In 2011 its assets moved to the Franklin Electric, Co., Inc Cash Balance Retirement Plan, sponsored by Franklin Electric Company (EIN 35-0827455, plan 002). Accounts moved with them, so that plan is the one to contact.

Plan number: 003Employer EIN 35-0827455
Participants (2010): 3,106
Net assets (2010): $96.4 million
Administered by: Principal2010
Plan administrator: Franklin Electric Co., Inc.
400 E. Spring Street
Bluffton, IN 46714
(260) 824-2900As filed for 2011
In effect since: March 1, 1952

Year by year, 2009 to 2011

Plan year	Participants	Net assets	Recordkeeper
2011	0	$0	not listed
2010	3,106	$96.4 million	Principal
2009	3,181	$78.2 million	not listed

Franklin Electric Employee Stock Ownership Plan

Employee stock ownership plan (ESOP)Merged

Merged. In 2010 its assets moved to the Franklin Electric Directed Investment Salary Plan, sponsored by Franklin Electric Company (EIN 35-0827455, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number: 008Employer EIN 35-0827455
Participants (2009): 2,319
Net assets (2009): $7.7 million
Recordkeeper: Wells Fargo2009–2010
Plan administrator: Franklin Electric Company, Inc.
400 East Spring Street
Bluffton, IN 46714
(260) 827-5504As filed for 2010
In effect since: January 1, 1987

Year by year, 2009 to 2010

Plan year	Participants	Net assets	Recordkeeper
2010	0	$0	Wells Fargo
2009	2,319	$7.7 million	Wells Fargo

If you had money in one of these plans

Call Principal (principal.com), which runs the Franklin Electric Co., Inc. Retirement Program. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((260) 827-5876). That number was filed for 2025; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.