DFX Intelligence

Allocator Intelligence

The Franklin Institute Retirement Income Plan II

Corporate pension· Philadelphia, Pennsylvania

Corporate pension, based in Philadelphia, Pennsylvania, reporting $8.0M in assets, for 193 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$8.0M
Funded ratio
105.4%
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Open searchesAllocation policy
As of · the latest dated event for this allocator; each figure carries its own filing or report date
Suggest a correction

Nothing material in the last 90 days. Last change: Dec 31, 2024, Bank of America appears on The Franklin Institute Retirement Income Plan II's Schedule C as investment adviser (plan) (plan year 2024 vs 2023).

Relationship network

4 connected entities

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

The Franklin Institute Retirement Income Plan II
PA
Reading the network
  • Service provider
  • Organization
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesCorporate pensionShow
Corporate pension
Assets
$8.0M
Total assets, Dec 31, 2024 reported
Funded
105.4%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: The Franklin Institute

Allocation policy

Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.1%
  • Non-interest-bearing cash 0.0%
  • U.S. Government securities 34.7%
  • Registered investment companies 63.9%

Consultants and advisers

3 firms

People

No investment staff or executives have been read for this allocator yet.

Manager roster

No manager relationship is on the tape for this allocator.

What changed

4 events
  • Dec 31, 2024Consultant changedinference
    Bank of America appears on The Franklin Institute Retirement Income Plan II's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Bank of Americaaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    The Franklin Institute Retirement Income Plan II funded ratio 100.7% -> 105.4% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    The Franklin Institute Retirement Income Plan II funded ratio 120.7% -> 100.7% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    The Franklin Institute Retirement Income Plan II plan assets $11M -> $8M (-27.8%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.

Size and funding

32 readings
Total assets
$8.0M Dec 31, 2024 reported Form 5500
$8.3M (2023-12) · $7.9M (2022-12)
Plan assets
$8.3M Jan 1, 2024 reported Form 5500
$7.9M (2023-01) · $10.9M (2022-01)
Net assets
$8.0M Dec 31, 2024 reported Form 5500
$8.3M (2023-12) · $7.9M (2022-12)
Funded ratio
105.4% Jan 1, 2024 reported Form 5500
100.7% (2023-01) · 120.7% (2022-01)
Funding target
$8.5M Jan 1, 2024 reported Form 5500
$8.6M (2023-01) · $8.6M (2022-01)
Discount rate
5.09% Jan 1, 2024 reported Form 5500
5.22% (2023-01) · 5.40% (2022-01)
Participants
193 Jan 1, 2024 reported Form 5500
198 (2023-01) · 203 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$550,618 Dec 31, 2024 reported Form 5500
$545,863 (2023-12) · $513,672 (2022-12)
Net investment income
-$288,319 Dec 31, 2024 reported Form 5500
$427,352 (2023-12) · -$3.0M (2022-12)
Investment management fees
$18,962 Dec 31, 2024 reported Form 5500
$12,638 (2023-12)

Form 5500 filings

3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024193$8.3M$8.5M105.4%$8.0MNot disclosedNot disclosedNot disclosed
2023 to Dec 31, 2023198$7.9M$8.6M100.7%$8.3MNot disclosedNot disclosedNot disclosed
2022 to Dec 31, 2022203$10.9M$8.6M120.7%$7.9MNot disclosedNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+4 more service providers

Every name, record and relationship behind this count, with the source on each.

Provenance

Identifiers: EIN-PN 231370501-004
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: fund commitments, managers.

Record history

4 dated events on the change ledger, latest event first
  • Consultant changed
    2024-12-31source on record
  • Funded status changed
    2024-01-01source on record
  • Funded status changed
    2023-01-01source on record

+1 more change on this record's ledger

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+4 connections on the graph