Money Purchase · DOL Form 5500 · 2024

Thrivent Financial for Lutherans Money Purchase Plan

Data updated 2026-08-06

$461M
Total assets
1,816
Participants
97th
Percentile by assets
$253,676
Avg per participant
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Official DOL plan name: Thrivent Capital Accumulation Plan · Sponsored by Thrivent Financial for Lutherans · Minnesota · Finance & Insurance

$461M in assets, 1,816 participants

Thrivent Financial for Lutherans's Thrivent Capital Accumulation Plan reported $461M in total assets and 1,816 participants in its 2024 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 116,472 plans)
  • #7,808 in Finance & Insurance (8,240 peers)

Where Thrivent Capital Accumulation Plan sits by assets

Thrivent Capital Accumulation Plan sits in the top 5% of all filed plans by assets, $461M for 1,816 participants (~$253,676/participant), up 10.0% in 2024.

$461M
total plan assets (2024 EOY)
1,816
covered participants
97th
percentile by assets (of 116,472 plans)
$253,676
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thrivent Capital Accumulation Plan reported net income fell from $47M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Thrivent Capital Accumulation Plan end-of-year assets rose from $419M in the plan year 2023 filing to $461M in the plan year 2024 filing.
  • Thrivent Capital Accumulation Plan reported participants fell from 1,896 in the plan year 2023 filing to 1,816 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Thrivent Capital Accumulation Plan vs the 2024 asset distribution

By assets, Thrivent Capital Accumulation Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$419M
Net Assets (End of Year)$461M
Net Income$42M
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. -200002000400060008000 0100200300400500 Total assets ($M) Participants Thrivent Capital Acc…Boilermakers Lodge 1…Central Iowa Carpent…Presbyterian Homes a…Minneapolis Operativ…Christian Labor Asso…
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 2024?
Thrivent Capital Accumulation Plan grew at a solid clip - up 10.0% during 2024, from $419M to $461M. Reported net income was $42M.
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 116,472 plans that reported assets for plan year 2024 (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 Elliott Money Purchase Pension Plan in FL ($457M, 494 participants).

Next read for Thrivent Capital Accumulation Plan

Scale reading

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