THRIVENT CAPITAL ACCUMULATION PLAN Contribution & Employer Match

How THRIVENT FINANCIAL FOR LUTHERANS Supports Your Retirement Savings

THRIVENT FINANCIAL FOR LUTHERANS provides retirement savings benefits through THRIVENT CAPITAL ACCUMULATION PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.

* Data are from public filings.

Are You Leaving Dollars on the Table?

If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.

Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.

THRIVENT CAPITAL ACCUMULATION PLAN Contribution & Match Policy

1. Employee Contribution Rates: Voluntary contributions from the participants are not permitted.

2. Employer Match/Contribution Conditions: Thrivent contributes on behalf of each Plan participant, based on years of completed service, amounts ranging from 8% to 11% of covered earnings, as defined by the Plan, and 5% of the excess of such covered earnings over the social security wage base.

3. Vesting Schedule/Eligibility: Participants accrue a vested interest at the rate of 20% upon completion of two years of service and an additional 20% upon completion of each succeeding year of service until fully vested at the end of six years. All field representatives who have completed one year of service are eligible to participate.