Money Purchase · DOL Form 5500 · 2022

Thrivent Financial for Lutherans Money Purchase Plan

Data updated 2026-08-06

$372M
Total assets
1,890
Participants
97th
Percentile by assets
$196,579
Avg per participant
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Official DOL plan name: Thrivent Capital Accumulation Plan · Sponsored by Thrivent Financial for Lutherans · Minnesota · Finance & Insurance

$372M in assets, 1,890 participants

Thrivent Financial for Lutherans's Thrivent Capital Accumulation Plan reported $372M in total assets and 1,890 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,258 plans)
  • #8,825 in Finance & Insurance (9,267 peers)

Where Thrivent Capital Accumulation Plan sits by assets

Thrivent Capital Accumulation Plan sits in the top 5% of all filed plans by assets, $372M for 1,890 participants (~$196,579/participant), down 16.4% in 2022.

$372M
total plan assets (2022 EOY)
1,890
covered participants
97th
percentile by assets (of 139,258 plans)
$196,579
avg assets per participant

The plan reported a net loss of $73M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thrivent Capital Accumulation Plan vs the 2022 asset distribution

By assets, Thrivent Capital Accumulation Plan outranks 97% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.7x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$444M
Net Assets (End of Year)$372M
Net Income-$73M
Employer EIN390123480
Plan Effective Date1943-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrivent Financial for Lutherans)

$2.5B$3B$3.5B$4B 202220232024 $2.84B $3.51B ▲ +23.6%
Total plan assets by year, all Thrivent Financial for Lutherans plans on file
Year Plans Participants Total Assets
2022 3 12,041 $2.8B
2023 3 12,405 $3.2B
2024 3 12,856 $3.5B

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Thrivent Capital Accumulation Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Thrivent Capital Accumulation Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 02000400060008000 0100200300400 Total assets ($M) Participants Thrivent Capital Acc…St. Paul Electrical …Boilermakers Lodge 1…Central Iowa Carpent…Be the Match/Nmdp Em…Presbyterian Homes a…
Thrivent Capital Accumulation Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Thrivent Capital Accumulation Plan by total assets, not by location.

Frequently Asked Questions

How did Thrivent Capital Accumulation Plan assets move in 2022?
Thrivent Capital Accumulation Plan declined sharply - down 16.4% during 2022, from $444M to $372M. Reported net income was -$73M.
How have Thrivent Financial for Lutherans plan assets changed over time?
Across 3 plan years on file (2022-2024), Thrivent Financial for Lutherans's sponsor-wide assets grew 23.5%, from $2.8B to $3.5B.
Where does Thrivent Capital Accumulation Plan rank by assets among Form 5500 filers?
Thrivent Capital Accumulation Plan ranks in the 97th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Thrivent Capital Accumulation Plan?
Among Money Purchase plans in other states, the closest by assets is The Association of University Physicians Pension Plan in WA ($371M, 2,585 participants).

Next read for Thrivent Capital Accumulation Plan

Scale reading

Ways to act on Thrivent Capital Accumulation Plan's numbers.