THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN
Plan Contact
- Address: 600 PORTLAND AVE SOUTH, SUITE 100,MINNEAPOLIS,MN
- Contact person: CINDY HEINDEL
- Phone: (920) 628-3389
Plan General Information
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is $1,251,386,443.00.This plan was established in 1985.
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is 8205
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is $152,515.00
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is $12,412.00.
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is approximately $2,359.00
Investing in this additonal $2,359.00 for 20 years would give you extra $150,990.00, assuming a 10% annual return.
Investing in this additonal $2,359.00 for 20 years would give you extra $150,990.00, assuming a 10% annual return.
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Total Employer Contribution and Match Rate
In 2019, THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN allocates $19,357,459.00 to match its employees' contributions, providing an employer match rate of 38.01% of their contributions
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is 13.68%.
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is 22.19%. This measures the effectiveness of the plan participants' investments in the year.
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN is 0.00%.
Enrollment Features
THRIVENT FINANCIAL FOR LUTHERANS 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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