How big is Launch Credit Union's plan?

Launch Credit Union's plan reported $20.9M in assets and 311 participants for 2024.

Original filing (PDF)20251007123914NAL0007900080001

Launch Credit Union

Name: Launch Credit Union — Launch Credit Union Retirement, Form 5500 (2024)
Creator: Launch Credit Union
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Launch Credit Union Retirement Plan

401(k) retirement plan · Launch Credit Union's Launch Credit Union Retirement Plan held $20.9M in plan assets for 311 participants in 2024, with Empower as recordkeeper.

Signals · 1

Late participant contributions

Active participants

311

Accounts w/ balance

333

Plan assets (EOY)

$20.9M

Net assets (EOY)

$20.9M

People on this filing

Kevin Lebeau signed Launch Credit Union's 2024 Form 5500 as plan administrator.

Kevin Lebeau — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Launch Credit Union's EIN is 59-1030268.

EIN 59-1030268

Plan number 001

Plan year 2024

ACK ID 20251007123914NAL0007900080001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Launch Credit Union from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Launch Credit Union's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for LAUNCH CREDIT UNION.

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How this plan invests

This plan

28 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 6K (0% of contributions).
Total administrative cost in the bottom quartile of peers (18th percentile).

Plan sponsor

Name

LAUNCH CREDIT UNION

EIN

all filings

Address

300 SOUTH PLUMOSA STREET · MERRITT ISLAND, FL · 32952

Phone

(321) 456-5392

Industry

Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-07

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$44K	—
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$16K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp

Investments

28 direct securities· $20.9M(100% of reported assets)

Mutual Funds

$17.0M

23 holdings

Common Collective Trusts

$2.5M

2 holdings

Other securities

$978K

2 holdings

Bonds / Notes

$458K

1 holding

					% of plan
American Funds American Funds 2035 Trgt Date Retire R6	Mutual Funds	—	—	$2.5M	11.9%
American Funds American Funds 2030 Trgt Date Retire R6	Mutual Funds	—	—	$2.3M	11.2%
American Funds American Funds 2040 Trgt Date Retire R6	Mutual Funds	—	—	$2.3M	11.0%
Fidelity 500 Index	Common Collective Trusts	—	—	$2.3M	11.0%
American Funds American Funds 2015 Trgt Date Reitre R6 143 American Funds American Funds 2025 Trgt Date Retire R6	Mutual Funds	—	—	$2.2M	10.8%
American Funds American Funds 2050 Trgt Date Retire R6	Mutual Funds	—	—	$1.5M	7.4%
American Funds American Funds 2045 Trgt Date Retire R6	Mutual Funds	—	—	$922K	4.4%
American Funds American Funds 2060 Trgt Date Retire R6	Mutual Funds	—	—	$743K	3.6%
Clear Bridge ClearBridge Large Cap Growth IS	Other securities	—	—	$682K	3.3%
Vanguard LifeStrategy Growth Inv	Mutual Funds	—	—	$554K	2.7%
Vanguard Small Cap Index Adm	Mutual Funds	—	—	$541K	2.6%
Vanguard Total Intl Stock Index Adm	Mutual Funds	—	—	$538K	2.6%
American Funds American Funds 2055 Trgt Date Retire R6	Mutual Funds	—	—	$518K	2.5%
Notes receivable from participants 9.50%; various maturity dates	Bonds / Notes	—	—	$458K	2.2%
American Funds American Funds 2020 Trgt Date Retire R6	Mutual Funds	—	—	$456K	2.2%
Vanguard Short-Term Bond Index	Mutual Funds	—	—	$389K	1.9%
Fidelity US Bond Index	Mutual Funds	—	—	$382K	1.8%
Fidelity Government Money Market	Mutual Funds	—	—	$348K	1.7%
T. Rowe Price T. Rowe Price Overseas Stock I	Other securities	—	—	$297K	1.4%
Vanguard Equity-Income Adm	Mutual Funds	—	—	$188K	0.9%
Vanguard Mid-Cap Index Fund - Admiral	Common Collective Trusts	—	—	$161K	0.8%
American Funds America Funds New World R6	Mutual Funds	—	—	$159K	0.8%
PIMCO Real Return Instl	Mutual Funds	—	—	$108K	0.5%
Vanguard LifeStrategy Moderate Growth	Mutual Funds	—	—	$88K	0.4%
Vanguard LifeStrategy Income Inv	Mutual Funds	—	—	$33K	0.2%
MFS Mid Cap Growth Value R6	Mutual Funds	—	—	$31K	0.1%
Vanguard LifeStrategy Cnsrv Gr Inv	Mutual Funds	—	—	$27K	0.1%
MFS Mid Cap Value R6	Mutual Funds	—	—	$26K	0.1%