Defined Benefit (Pension) · DOL Form 5500 · 2022
Thrivent Financial for Lutherans Pension Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 3,974
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $295,321
- Avg per participant High balance/head
Official DOL plan name: Thrivent Individual Pension Account Plan · Sponsored by Thrivent Financial for Lutherans · Minnesota · Finance & Insurance
$1.2B in assets, 3,974 participants
Thrivent Financial for Lutherans's Thrivent Individual Pension Account Plan reported $1.2B in total assets and 3,974 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,090 in Finance & Insurance (9,261 peers)
Coverage in Minnesota
Thrivent Individual Pension Account Plan covers 3,974 participants in Minnesota, 3.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.2B.
- #9,090
- in Finance & Insurance (9,261 peers)
- -21.2%
- assets change YoY
- 12×
- vs typical plan assets (national mean)
The plan reported a net loss of $231M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Thrivent Individual Pension Account Plan's outsized position by total assets
Thrivent Individual Pension Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,173,604,441 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Thrivent Individual Pension Account Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrivent Individual Pension Account Plan lands in the large band (3,974 participants).
Form 5500 schedule snapshot
Filing strip 390123480 · Thrivent Financial for Lutherans PY 2022 · Defined Benefit (Pension)
Thrivent Individual Pension Account Plan · $1.2B · 3,974 · 99th
- PCT $1.2B
- PCT 3,974
- PCT 99th
- PCT Defined Benefit (Pension)
- PCT near Central Laborers' Pension Fund
- PCT ind #9090
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 Minnesota →
Thrivent Individual Pension Account Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$231M |
| Employer EIN | 390123480 |
| Plan Effective Date | 1955-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thrivent Financial for Lutherans)
Sponsor-wide plan assets over time
All Thrivent Financial for Lutherans plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.5B 23.52013686654526% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 12,041 | $2.8B |
| 2023 | 3 | 12,405 | $3.2B |
| 2024 | 3 | 12,856 | $3.5B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Thrivent Individual Pension Account Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Central Laborers' Pension Fund in IL ($1.2B); by covered participants it is Heating, Piping and Refrigeration Pension Fd Pension Fund in MD (3,982 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Central Laborers' Pension Fund (IL) $1.2B · 5,000
- Employee Retirement Plan of Safeway Inc. and Its Domestic Subsidiaries (CA) $1.2B · 9,235
- Lehigh Valley Health Network, Inc. Retirement Plan (PA) $1.2B · 3,821
- Pitney Bowes Pension Plan (CT) $1.2B · 1,049
Similar participant headcount
Nearest other-state filings by covered participants (3,974 participants); asset peers above are excluded.
- Heating, Piping and Refrigeration Pension Fd Pension Fund (MD) 3,982 · 8 off
- Pension Plan for Salaried Employees of Union Pacific Corporation & Affiliates (NE) 4,000 · 26 off
- Ibt Consolidated Pension Plan (WA) 3,937 · 37 off
- Graybar Electric Company, Inc. Pension Plan (MO) 3,932 · 42 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.