Franklin Resources, Inc. 401(k): best low-cost funds
Franklin Templeton 401(k) Retirement Plan · Plan #003 · SAN Mateo, CA
Suggested simple Boglehead mix
- US stocks (~60%): State Street S&P 500 Index Lending Fund
- International stocks (~20-30%): State Street International Index Lending Fund
- Bonds (~10-20%): State Street US Bond Index Lending Fund
Fund names from the plan's public SEC Form 11-K filed 2025-06-24 (fund list in the annual report). Confirm they are on your current menu and check expense ratios. Adjust the bond share for your age and risk tolerance.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| State Street S&P 500 Indx SL CL II index | State Street Bank And Trust Company | Common/collective trust | $479.9M |
| State Street Target Retirement 2035 | State Street Bank And Trust Company | Common/collective trust | $114.3M |
| State Street Target Retirement 2040 | State Street Bank And Trust Company | Common/collective trust | $105.5M |
| Galliard Stable Return Fund Class Q | SEI Trust Company | Common/collective trust | $105.1M |
| State Street Target Retirement 2045 | State Street Bank And Trust Company | Common/collective trust | $81.4M |
| State Street Target Retirement 2030 | State Street Bank And Trust Company | Common/collective trust | $81.3M |
| State Street Target Retirement 2050 | State Street Bank And Trust Company | Common/collective trust | $75.8M |
| Ssga Russell Small/mid CAP Index CL index | State Street Bank And Trust Company | Common/collective trust | $64.9M |
| State Street Intrnl Indx CL IX | State Street Bank And Trust Company | Common/collective trust | $59.2M |
| State Street US BND Indx SL CL XIV | State Street Bank And Trust Company | Common/collective trust | $53.1M |
| State Street Target Retirement 2025 | State Street Bank And Trust Company | Common/collective trust | $45.1M |
| State Street Target Retirement 2055 | State Street Bank And Trust Company | Common/collective trust | $44.6M |
| State Street Target Retirement INC | State Street Bank And Trust Company | Common/collective trust | $11.1M |
| State Street Target Retirement 2060 | State Street Bank And Trust Company | Common/collective trust | $10.7M |
| Wellington CIF II Core Bond Plus (S | Wellington Trust | Common/collective trust | $8.4M |
| State Street Target Retirement 2020 | State Street Bank And Trust Company | Common/collective trust | $6.5M |
| WTC NAM CIF TR II Emerging Markets | Wellington Trust | Common/collective trust | $6.1M |
| State Street Target Retirement 2065 | State Street Bank And Trust Company | Common/collective trust | $5.2M |
| MFS International Growth Fund Class | MFS | Common/collective trust | $4.5M |
| Loomis Sayles Global CIT Class C | Loomis Sayles Trust Company | Common/collective trust | $393,807 |
| State Street International Index NL index | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Russell Small MID CAP index | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street SP 500 Index Class K index | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2020 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2025 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2030 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2035 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2040 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2045 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2050 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2055 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2060 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement 2065 | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street Target Retirement Inco | State Street Bank And Trust Company | Common/collective trust | $0 |
| State Street US Bond Index Class K index | State Street Bank And Trust Company | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $1.2B | 43.0% |
| Common/collective trusts | $1.4B | 48.7% |
| Employer securities (company stock) | $30.8M | 1.1% |
| Participant loans | $14.0M | 0.5% |
| Other investments | $171.9M | 6.1% |
Fees paid from plan assets
| Investment advisory & management fees | $344,094 |
| Other administrative fees | $0 |
| Total administrative expenses | $634,681 |
Reported administrative expenses were about 0.025% of average plan assets, or about $96 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20250703132904NAL0001489042001. EIN 132670991.
FAQ
What are the best low-cost funds in the Franklin Resources, Inc. 401(k)?
Based on public filings, index options include State Street S&P 500 Index Lending Fund (US stocks), State Street International Index Lending Fund (international stocks) and State Street US Bond Index Lending Fund (bonds). Confirm them against your current plan menu and fee disclosure.
Can I build a three-fund portfolio in the Franklin Resources, Inc. 401(k)?
It appears so: the filing lists a US stock index fund, an international index fund and a bond index fund. The split between them depends on your own goals and risk tolerance.
How big is the Franklin Resources, Inc. 401(k) plan?
The plan reported about $2.8B in net assets and 6,627 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
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