Launch Credit Union Retirement Plan — Form 5500 plan (Launch Credit Union)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Launch Credit Union Retirement Plan is a benefit plan reported by Launch Credit Union under EIN 59-1030268 and plan number 001. The latest loaded filing year is 2023. The filing reports 342 participants and $17,464,981 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Launch Credit Union
- EIN
- 59-1030268
- Plan number
- 001
- Plan type
- 2
- Location
- Merritt Island, FL
- Latest filing year
- 2023
- Participants
- 342
- End-of-year plan assets
- $17,464,981
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 342 | H, C | 20240930074103NAL0003107091001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,464,981
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,464,981
- Net assets (BOY)
- $14,103,760
Income & contributions
- Employer contributions
- $769,486
- Participant contributions
- $1,303,566
- Total contributions
- $2,225,744
- Total income / additions
- $4,545,926
Expenses & distributions
- Benefits paid
- $1,100,332
- Administrative expenses
- $84,373
- Total expenses
- $1,184,705
- Net increase / (decrease)
- $3,361,221
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Advus Financial Partners LLC | INVESTMENT ADVISOR | $39,211 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $33,982 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $11,180 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Launch Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Merritt Island, FL
- Advus Financial Partners LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation