Plan Ledger DOL Form 5500 · updated monthly

Launch Management Services, LLC401(k)

LAUNCH MANAGEMENT SERVICES, LLC RETIREMENT PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.89%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Launch Management Services, LLC reported $87,866 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $915 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.22% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,217th of 3,702), and the 899th of 2,534 in administrative & support services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 613 to 753 since 2022.

Plan summary
Net assets, end of year$12,095,187
Participants with balances299
Active participants753
Employer contributions$689,297
Employee contributions$1,512,927
Employer contribution per active participant$915
Average account balance$40,452
Benefits paid to participants$1,441,270
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 299 accts · $689K emplr
2023$7.8M · 259 accts · $598K emplr
2022$5.7M · 267 accts · $557K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,516
Investment management$47,350
Total administrative$87,866
The Launch Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$915
Median for plans this size$1,313
2024$915 per active participant
2023$854 per active participant
2022$908 per active participant

Launch Management Services, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MMA SECURITIES, LLC · Recordkeeping · Trustee$44,032
ADP, INC. · Loan processing · Recordkeeping$43,832
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,866 · 0.89%
2023$75,337 · 1.12%
2022$68,174 · 1.22%
Similar plansAdministrative & Support Services · Illinois
Medspeed, LLC IL$11.9M · 0.94%
Cimco Resources, Inc. IL$11.1M · 0.02%
Employ Source, Inc IL$10.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275412512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.