Plan Snapshot
- Plan Sponsor: Thrivent Financial For Lutherans
- Sponsor EIN: 390123480
- Sponsor Address: 600 PORTLAND AVE SOUTH, SUITE 100, MINNEAPOLIS, MN, 554154402
- Plan Type: 401(k)
- Total Participants: 6,452
- Total Assets: $1.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,452 | $1.7B | $29.5M | $73.6M |
| 2023 | 6,573 | $1.5B | $27.2M | $66.9M |
| 2022 | 6,125 | $1.3B | $25.0M | $64.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | $167,671 | — | $167,671 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $54,436 | — | $54,436 |
| PRICEWATERHOUSE COOPERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSE COOPERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $222,107
- Estimated Expense Ratio: 0.013% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $225,388 | $167,652 | — | — | — |
| 2023 | $174,343 | $124,999 | — | — | — |
| 2022 | $147,027 | $107,056 | — | — | $1,500 |