401(k) · DOL Form 5500 · 2023

Lafayette Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
145
Participants Small participant base
77th
Percentile by assets National rank
$174,356
Avg per participant Above avg balance/head
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Official DOL plan name: Lafayette Federal Credit Union 401(k) Plan · Sponsored by Lafayette Federal Credit Union · Maryland · Finance & Insurance

$25M in assets, 145 participants

Lafayette Federal Credit Union's Lafayette Federal Credit Union 401(k) Plan reported $25M in total assets and 145 participants in its 2023 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,715 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Lafayette Federal Credit Union 401(k) Plan covers 145 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $25M.

#5,715
in Finance & Insurance (8,869 peers)
+21.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Lafayette Federal Credit Union 401(k) Plan's outsized position by total assets

Lafayette Federal Credit Union 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,281,574 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lafayette Federal Credit Union 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lafayette Federal Credit Union 401(k) Plan sits mid-pack in the medium band (145 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lafayette Federal Credit Union 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Lafayette Federal Credit Union 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Lafayette Federal Credit Union 401(k) Plan reported participants rose from 143 in the plan year 2022 filing to 145 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 530197895 · Lafayette Federal Credit Union PY 2023 · 401(k)

Lafayette Federal Credit Union 401(k) Plan · $25M · 145 · 77th

  • EBSA $25M
  • EBSA 145
  • EBSA 77th
  • EBSA 401(k)
  • EBSA near Innovation Industries, Inc. 401(k) Plan and Trust
  • EBSA ind #5715

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Maryland →

Lafayette Federal Credit Union 401(k) Plan in the asset neighbourhood

Lafayette Federal Credit Union 401(k) PlanLafayette Federal Credit Uni…$25MInnovation Industries, Inc. 401(k) Plan and TrustInnovation Industries, Inc. …$25MKansas Heart Hospital, L.L.C. Employees Savings TrustKansas Heart Hospital, L.L.C…$25MAcadia Realty Trust 401(k) Savings and Retirement PlanAcadia Realty Trust 401(k) S…$25MBgm Group Salary Savings Plan and TrustBgm Group Salary Savings Pla…$25M
End-of-year total assets ($M) among Lafayette Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN530197895
Plan Effective Date1982-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Lafayette Federal Credit Union)

Sponsor-wide plan assets over time

All Lafayette Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$30M 43.51355967047319% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20.9M $29.9M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 143 $21M
2023 1 145 $25M
2024 1 173 $30M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lafayette Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Lafayette Federal Credit Union 401(k) Plan, Total assets ($B): 0.025281574 · Participants: 145Lafayette Federal Credit Union 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Lafayette Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Lafayette Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Lafayette Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Innovation Industries, Inc. 401(k) Plan and Trust in AR ($25M); by covered participants it is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (145 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lafayette Federal Credit Union 401(k) Plan assets move in 2023? ▼
Lafayette Federal Credit Union 401(k) Plan grew sharply - up 21.2% during 2023, from $21M to $25M. Reported net income was $4M.
How have Lafayette Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lafayette Federal Credit Union's sponsor-wide assets grew 43.5%, from $21M to $30M.
Where does Lafayette Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Lafayette Federal Credit Union 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lafayette Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Innovation Industries, Inc. 401(k) Plan and Trust in AR ($25M, 253 participants).
Which 401(k) plans cover a similar participant headcount to Lafayette Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 530197895.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.