# Launch Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/launch-credit-union-retirement-plan-401k-plan

> Launch Credit Union&#39;s 401(k) plan: 311 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Launch Credit Union

- **Sponsor EIN:** 591030268

- **Sponsor Address:** 300 SOUTH PLUMOSA STREET, MERRITT ISLAND, FL, 32952

- **Plan Type:** 401(k)

- **Total Participants:** 311

- **Total Assets:** $20.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|311|$20.9M|$896,252|$1.6M|

| 2023|304|$17.5M|$769,486|$1.3M|

| 2022|295|$14.1M|$635,936|$1.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| WARREN AVERETT, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WARREN AVERETT, LLC](https://planprovider.pro/provider/warren-averett-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$111,902|$65,079|—|—|—|

| 2023|$84,373|$50,391|—|—|—|

| 2022|$76,690|$44,979|$31,711|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/launch-credit-union-retirement-plan-401k-plan)

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