401(k) · DOL Form 5500 · 2024

Lutheran Retirement Ministries 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
429
Participants Below avg headcount
63rd
Percentile by assets National rank
$32,035
Avg per participant Low balance/head
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Official DOL plan name: Lutheran Retirement Ministries Employees' Retirement Plan and Trust · Sponsored by Lutheran Retirement Ministries · North Carolina · Other Services

$14M in assets, 429 participants

Lutheran Retirement Ministries's Lutheran Retirement Ministries Employees' Retirement Plan and Trust reported $14M in total assets and 429 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #6,093 in Other Services (7,719 peers)

Lutheran Retirement Ministries multi-year trail

Lutheran Retirement Ministries's plans moved +62.0% in assets from 2022 to 2024; this filing shows Lutheran Retirement Ministries Employees' Retirement Plan and Trust at $14M / 429 participants.

#6,093
in Other Services (7,719 peers)
+26.4%
assets growth YoY

Lutheran Retirement Ministries Employees' Retirement Plan and Trust's mid-pack asset rank among Other Services and all filers

Lutheran Retirement Ministries Employees' Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$13,743,099 Top 37% higher than 63% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Lutheran Retirement Ministries Employees' Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lutheran Retirement Ministries Employees' Retirement Plan and Trust sits mid-pack in the medium band (429 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lutheran Retirement Ministries Employees' Retirement Plan and Trust end-of-year assets rose from $11M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Lutheran Retirement Ministries Employees' Retirement Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Lutheran Retirement Ministries Employees' Retirement Plan and Trust reported participants rose from 416 in the plan year 2023 filing to 429 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561270984 · Lutheran Retirement Ministries PY 2024 · 401(k)

Lutheran Retirement Ministries Employees' Retirement Plan and Trust · $14M · 429 · 63rd

  • BOOK $14M
  • BOOK 429
  • BOOK 63rd
  • BOOK 401(k)
  • BOOK near Alec 401(k) Retirement Plan
  • BOOK ind #6093

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 Other Services retirement plans → · Plans in North Carolina →

Lutheran Retirement Ministries Employees' Retirement Plan and Trust in the asset neighbourhood

Absci Corporation 401(k) Plan$14MLutheran Retirement Ministries Employees' Retirement Plan and TrustLutheran Retirement Ministri…$14MAlec 401(k) Retirement Plan$14MFamily & Nursing Care, Inc. 401(k) PlanFamily & Nursing Care, Inc. …$14MCarton Service Csi, LLC 401(k) PlanCarton Service Csi, LLC 401(…$14M
End-of-year total assets ($M) among Lutheran Retirement Ministries Employees' Retirement Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Lutheran Retirement Ministries multi-year asset trail

Sponsor-wide plan assets over time

All Lutheran Retirement Ministries plans reported in each filing year

Latest sponsor-wide plan assets
$14M 61.9599356218902% vs 2022
2024 filing year
$6M$8M$10M$12M$14M$16M 202220232024 $8.49M $13.7M ▲ +61.8%
Year Plans Participants Total Assets
2022 1 390 $8M
2023 1 416 $11M
2024 1 429 $14M

Lutheran Retirement Ministries filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN561270984
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lutheran Retirement Ministries Employees' Retirement Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Lutheran Retirement Ministries Employees' Retirement Plan and Trust, Total assets ($B): 0.013743099 · Participants: 429Lutheran Retirement Ministries Employees' Retirement Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Lutheran Retirement Ministries Employees' Retirement Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Lutheran Retirement Ministries Employees' Retirement Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Alec 401(k) Retirement Plan in IL ($14M); by covered participants it is Longbridge Financial LLC 401(k) Profit Sharing Plan in NJ (429 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (429 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lutheran Retirement Ministries Employees' Retirement Plan and Trust assets move in 2024?
Lutheran Retirement Ministries Employees' Retirement Plan and Trust grew sharply - up 26.4% during 2024, from $11M to $14M. Reported net income was $3M.
How have Lutheran Retirement Ministries plan assets changed over time?
Across 3 plan years on file (2022-2024), Lutheran Retirement Ministries's sponsor-wide assets grew 62.0%, from $8M to $14M.
Which 401(k) plans are similar in size to Lutheran Retirement Ministries Employees' Retirement Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Alec 401(k) Retirement Plan in IL ($14M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Lutheran Retirement Ministries Employees' Retirement Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Longbridge Financial LLC 401(k) Profit Sharing Plan in NJ (429 participants, $22M in assets).