Plan Snapshot
- Plan Sponsor: Thrivent Financial For Lutherans
- Sponsor EIN: 390123480
- Sponsor Address: 600 PORTLAND AVENUE SOUTH, MINNEAPOLIS, MN, 55415
- Plan Type: DB
- Total Participants: 4,607
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,607 | $1.3B | $0 | $0 |
| 2023 | 4,467 | $1.2B | $0 | $0 |
| 2022 | 4,384 | $1.2B | $0 | $0 |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP, INC. | NONE | $452,948 | — | $452,948 |
| STATE STREET BANK & TRUST COMPANY | NONE | $292,498 | — | $292,498 |
| AON CONSULTING INC | NONE | $229,621 | — | $229,621 |
| HAMILTON LANE | NONE | $93,121 | — | $93,121 |
| CALLAN ASSOCIATES | NONE | $58,927 | — | $58,927 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC — NONE
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,127,115
- Estimated Expense Ratio: 0.085% 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 | $2,738,930 | $152,048 | $452,948 | — | — |
| 2023 | $8,860,155 | $127,605 | $409,700 | — | — |
| 2022 | $1,965,827 | $90,702 | — | — | $987,469 |