401(k) · DOL Form 5500 · 2024
Thrivent Financial for Lutherans 401(k) Plan
Data updated 2026-07-24
- $1.7B
- Total assets
- 6,573
- Participants
- 99th
- Percentile by assets
- $262,120
- Avg per participant
Official DOL plan name: Thrivent 401(k) Plan · Sponsored by Thrivent Financial for Lutherans · Minnesota · Finance & Insurance
$1.7B in assets, 6,573 participants
Thrivent Financial for Lutherans's Thrivent 401(k) Plan reported $1.7B in total assets and 6,573 participants in its 2024 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.
- 99th percentile by assets (of 116,472 plans)
Coverage in Minnesota
Thrivent 401(k) Plan covers 6,573 participants in Minnesota, 5.7x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.7B.
- $1.7B
- total plan assets (2024 EOY)
- 6,573
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $262,120
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Thrivent 401(k) Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.7B in the plan year 2024 filing.
- Thrivent 401(k) Plan reported participants rose from 6,125 in the plan year 2023 filing to 6,573 in the plan year 2024 filing.
- Thrivent 401(k) Plan reported net income fell from $218M in the plan year 2023 filing to $206M in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Thrivent 401(k) Plan reports 6,573 participants - 5.7x that state average ($1.7B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $206M |
| Employer EIN | 390123480 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thrivent Financial for Lutherans)
| 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.
Thrivent 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Thrivent 401(k) Plan by total assets, not by location.
- Encompass Health Corporation 401(k) Retirement Plan (AL) $1.7B · 29,454
- Builders Firstsource 401(k) Savings Plan (MA) $1.7B · 29,871
- Zf North America, Inc. 401(k) Savings Plan (MI) $1.7B · 10,036
- Syensqo USA 401(k)Plan (NJ) $1.7B · 6,387
Frequently Asked Questions
How did Thrivent 401(k) Plan assets move in 2024? ▼
How have Thrivent Financial for Lutherans plan assets changed over time? ▼
Where does Thrivent 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Thrivent 401(k) Plan? ▼
Next read for Thrivent 401(k) Plan
Filing takeaways
Ways to act on Thrivent 401(k) Plan's numbers.
- By total assets, Thrivent 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Thrivent Financial for Lutherans's sponsor-wide assets have grown 23.5% since 2022 across 3 plan years on file. More Finance & Insurance plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390123480.
Read our methodology - how this data is sourced, computed, and verified.