At the NAFWB 2026 National Convention in Columbus, Richland Ave Financial President and CEO, John Brummitt, described 2025 as a positive year for the department, with 130 new enrollees (making 1,300 in the last decade), contributions increased by more than $400,000 over the previous year, with nearly $5 million in new contributions to the retirement plan.
When combined with Institutional Investing, total contributions for the year reached $8.5 million. Brummitt expressed gratitude for good annual returns, a smooth transition through the department’s name change, and steady overall growth from $52 million in 2016 to $147 million in 2025.
In conclusion, Brummitt urged listeners to start saving now for retirement. “Starting as soon as possible makes it much easier to accumulate the assets needed for retirement,” he asserted. “Allowing for time and compounding interest works in your favor. Churches and institutions also should be planning for their future by setting aside funds that can grow and compound.”
