Thrivent Financial for Lutherans 401(k) match, vesting and fees
What Thrivent Financial for Lutherans' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Pricewaterhouse Coopers (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 118 defined-contribution plans in finance and insurance with 5,000 to 9,999 participants.
| Thrivent Financial for Lutherans: employer contribution per participant | $3,283 | |
| Peer median | $3,354 |
| Thrivent Financial for Lutherans: average balance | $191,904 | |
| Peer median | $126,365 |
| Thrivent Financial for Lutherans: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.5B at the end of plan year 2023 to $1.7B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 9,207 | $1.7B | $29.5M | $3,283 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 9,390 | $1.5B | $27.2M | $3,100 | 0.01% | Not published | Form 5500 ↗ |
Other Thrivent Financial for Lutherans plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Thrivent Capital Accumulation Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Pricewaterhouse Coopers (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Thrivent Individual Pension Account Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Thrivent Financial for Lutherans match 401(k) contributions?
The match terms for the Thrivent 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $29.5M in employer contributions, about $3,283 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Thrivent Financial for Lutherans 401(k) match vested?
The vesting schedule for the Thrivent 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Thrivent Financial for Lutherans 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Employee Benefit Administration Committee.
I left Thrivent Financial for Lutherans. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Employee Benefit Administration Committee, (612) 844-4050) or the recordkeeper, Empower Annuity Insurance Company. The Thrivent Financial for Lutherans old 401(k) page lists the contacts from every plan filing. Find an old Thrivent Financial for Lutherans 401(k)
Data from the public Form 5500 annual reports Thrivent Financial for Lutherans filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Thrivent Financial for Lutherans. Not financial advice. Report a correction · Methodology