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Original filing (PDF)20251007123914NAL0007900080001
LAUNCH CREDIT UNION
Form 5500
FILING_RECEIVED
LAUNCH CREDIT UNION RETIREMENT PLAN
401(k) retirement plan
Active participants
311
Accounts w/ balance
333
Plan assets (EOY)
$20.9M
Net assets (EOY)
$20.9M
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 (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 54 bps in Schedule C fees — 85% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LAUNCH CREDIT UNION.
Plan sponsor
Name
LAUNCH CREDIT UNION
EIN
59-1030268
Address
300 SOUTH PLUMOSA STREET · MERRITT ISLAND, FL · 32952
Phone
(321) 456-5392
Industry
Finance & Insurancesee all
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)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
WARREN AVERETT, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $44K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ADVUS FINANCIAL PARTNERS LLC | — | LAKE MARY, FL | INVESTMENT ADVISOR | $50K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $16K | — |
| LAUNCH CREDIT UNION | — | MERRITT ISLAND, FL | OTHER | $3K | — |
Investments
28 direct securities· $20.9M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds American Funds 2035 Trgt Date Retire R6 | — | — | — | $2.5M | 11.9% | |
| American Funds American Funds 2030 Trgt Date Retire R6 | — | — | — | $2.3M | 11.2% | |
| American Funds American Funds 2040 Trgt Date Retire R6 | — | — | — | $2.3M | 11.0% | |
| Fidelity 500 Index | — | — | — | $2.3M | 11.0% | |
| American Funds American Funds 2015 Trgt Date Reitre R6 143 American Funds American Funds 2025 Trgt Date Retire R6 | — | — | — | $2.2M | 10.8% | |
| American Funds American Funds 2050 Trgt Date Retire R6 | — | — | — | $1.5M | 7.4% | |
| American Funds American Funds 2045 Trgt Date Retire R6 | — | — | — | $922K | 4.4% | |
| American Funds American Funds 2060 Trgt Date Retire R6 | — | — | — | $743K | 3.6% | |
| Clear Bridge ClearBridge Large Cap Growth IS | — | — | — | $682K | 3.3% | |
| Vanguard LifeStrategy Growth Inv | — | — | — | $554K | 2.7% | |
| Vanguard Small Cap Index Adm | — | — | — | $541K | 2.6% | |
| Vanguard Total Intl Stock Index Adm | — | — | — | $538K | 2.6% | |
| American Funds American Funds 2055 Trgt Date Retire R6 | — | — | — | $518K | 2.5% | |
| Notes receivable from participants 9.50%; various maturity dates | — | — | — | $458K | 2.2% | |
| American Funds American Funds 2020 Trgt Date Retire R6 | — | — | — | $456K | 2.2% | |
| Vanguard Short-Term Bond Index | — | — | — | $389K | 1.9% | |
| Fidelity US Bond Index | — | — | — | $382K | 1.8% | |
| Fidelity Government Money Market | — | — | — | $348K | 1.7% | |
| T. Rowe Price T. Rowe Price Overseas Stock I | — | — | — | $297K | 1.4% | |
| Vanguard Equity-Income Adm | — | — | — | $188K | 0.9% | |
| Vanguard Mid-Cap Index Fund - Admiral | — | — | — | $161K | 0.8% | |
| American Funds America Funds New World R6 | — | — | — | $159K | 0.8% | |
| PIMCO Real Return Instl | — | — | — | $108K | 0.5% | |
| Vanguard LifeStrategy Moderate Growth | — | — | — | $88K | 0.4% | |
| Vanguard LifeStrategy Income Inv | — | — | — | $33K | 0.2% | |
| MFS Mid Cap Growth Value R6 | — | — | — | $31K | 0.1% | |
| Vanguard LifeStrategy Cnsrv Gr Inv | — | — | — | $27K | 0.1% | |
| MFS Mid Cap Value R6 | — | — | — | $26K | 0.1% |
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