I built and flew the Estes Saturn V (kit #2001) years ago, on a D12-3. As I recall it only went up about two hundred feet, but recovered OK on the 3 stock Estes plastic parachutes (two for the booster, one for the 3rd stage and above). I've still got it and the box it came in, but haven't flown it since back then (it was in the 80s). I just weighed it; it totals 10.8 oz with the escape tower (but without the display nozzle assembly), but is not fully detailed or painted beyond the wrappers, cable tunnels and a couple coats of sanded white primer. It has the original slightly-oversize balsa fins, and did not require ballast. I imagine that performance in fully detailed and painted condition would be poor on a D12, but great on a composite E20 and awesome on any F.
Of course the Saturn V is a pretty heavy and draggy rocket with all the fins, shrouds, transitions, plastic capsule and escape tower assembly. A simpler BT-101 airframe would fly great on a D12.