401(k) · DOL Form 5500 · 2024

Lafayette Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
173
Participants Small participant base
77th
Percentile by assets National rank
$173,071
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

$30M in assets, 173 participants

Lafayette Federal Credit Union's Lafayette Federal Credit Union 401(k) Plan reported $30M in total assets and 173 participants in its 2024 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.

  • #5,533 in Finance & Insurance (8,549 peers)

Coverage in Maryland

Lafayette Federal Credit Union 401(k) Plan covers 173 participants in Maryland, about 19% of the average Maryland filer (state average ~929 per filing). Assets: $30M.

#5,533
in Finance & Insurance (8,549 peers)
+18.4%
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 2024 · DOL Form 5500

$29,941,244 Top 23% higher than 77% of 123,620 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 2024

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

Plan-year 2024 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 (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lafayette Federal Credit Union 401(k) Plan reported participants rose from 145 in the plan year 2023 filing to 173 in the plan year 2024 filing.
  • Lafayette Federal Credit Union 401(k) Plan end-of-year assets rose from $25M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Lafayette Federal Credit Union 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 530197895 · Lafayette Federal Credit Union PY 2024 · 401(k)

Lafayette Federal Credit Union 401(k) Plan · $30M · 173 · 77th

  • VS-ST $30M
  • VS-ST 173
  • VS-ST 77th
  • VS-ST 401(k)
  • VS-ST near Florida Realtors 401(k) Plan
  • VS-ST ind #5533

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…$30MFlorida Realtors 401(k) Plan$30MMutual Benefit Insurance Company 401(k) PlanMutual Benefit Insurance Com…$30MCt Spring & Stamping Corporation 401(k) Profit Sharing PlanCt Spring & Stamping Corpora…$30MDmi Companies, Inc. and Affiliated Companies 401(k) PlanDmi Companies, Inc. and Affi…$30M
End-of-year total assets ($M) among Lafayette Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$30M
Net Income$5M
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): 0.029941244 · Participants: 173Lafayette Federal Credit Union 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Lafayette Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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 Florida Realtors 401(k) Plan in FL ($30M); by covered participants it is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Lafayette Federal Credit Union 401(k) Plan grew sharply - up 18.4% during 2024, from $25M to $30M. Reported net income was $5M.
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 123,622 plans that reported assets for plan year 2024 (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 Florida Realtors 401(k) Plan in FL ($30M, 142 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 Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants, $8M in assets).