401(k) · DOL Form 5500 · 2022
Thrivent Financial for Lutherans 401(k) Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 6,177
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $210,397
- Avg per participant Above avg balance/head
Official DOL plan name: Thrivent 401(k) Plan · Sponsored by Thrivent Financial for Lutherans · Minnesota · Finance & Insurance
$1.3B in assets, 6,177 participants
Thrivent Financial for Lutherans's Thrivent 401(k) Plan reported $1.3B in total assets and 6,177 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.
- #9,102 in Finance & Insurance (9,261 peers)
Coverage in Minnesota
Thrivent 401(k) Plan covers 6,177 participants in Minnesota, 5.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.3B.
- #9,102
- in Finance & Insurance (9,261 peers)
- -17.6%
- assets change YoY
- 13×
- vs typical plan assets (national mean)
The plan reported a net loss of $278M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Thrivent 401(k) Plan's outsized position by total assets
Thrivent 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,299,622,358 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 401(k) 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 401(k) Plan lands in the large band (6,177 participants).
DOL schedule card
Filing strip 390123480 · Thrivent Financial for Lutherans PY 2022 · 401(k)
Thrivent 401(k) Plan · $1.3B · 6,177 · 99th
- PCT $1.3B
- EIN 6,177
- RANK 99th
- PHOTO 401(k)
- IND near Moog Inc. Retirement Savings Plan
- EOY ind #9102
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 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | -$278M |
| Employer EIN | 390123480 |
| Plan Effective Date | 1985-04-01 |
| 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 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for Thrivent 401(k) Plan
Thrivent 401(k) Plan reports $1.3B in end-of-year assets across 6,177 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $210,397 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was -$278M.
This plan identity (EIN 390123480, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.7B (+32.6%) while covered participants moved from 6,177 to 6,573 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,177 | $1.3B | This page |
| 2023 | 6,125 | $1.5B | Open filing |
| 2024 · index core | 6,573 | $1.7B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Thrivent 401(k) Plan (401(k), $1.7B, 6,573 participants)
- Thrivent Individual Pension Account Plan (Defined Benefit (Pension), $1.3B, 4,467 participants)
- Thrivent Capital Accumulation Plan (Money Purchase, $461M, 1,816 participants)
Thrivent 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Moog Inc. Retirement Savings Plan in NY ($1.3B); by covered participants it is Questco Companies Retirement Plan in TX (6,178 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Moog Inc. Retirement Savings Plan (NY) $1.3B · 7,237
- The Queen's Health Systems Retirement Savings Plan (HI) $1.3B · 8,104
- Burns & Mcdonnell, Inc. 401(k) Savings Plan (MO) $1.3B · 7,492
- Hntb Ownership Plan (MO) $1.3B · 5,027
Similar participant headcount
Nearest other-state filings by covered participants (6,177 participants); asset peers above are excluded.
- Questco Companies Retirement Plan (TX) 6,178 · 1 off
- Integrated Electrical Services, Inc Retirement Savings Plan (TX) 6,173 · 4 off
- Black & Veatch Retirement Program (KS) 6,182 · 5 off
- The Milliken Retirement Plan (SC) 6,185 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.