Securities Act File No. 033-73248
Investment Company Act File No. 811-08228
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 98 | x |
and/or
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940
Post-Effective Amendment No. 99 | x |
THE TIMOTHY PLAN
(Exact Name of Registrant as Specified in Charter)
1055 MAITLAND CENTER COMMONS
MAITLAND, FL 32751
(Address of Principal Executive Offices) (Zip Code)
Registrants Telephone Number, Including Area Code: (407) 644-1986
ARTHUR D. ALLY
1055 MAITLAND CENTER COMMONS
MAITLAND, FL 32751
(Name and Address of Agent for Service)
Copies to:
DAVID D. JONES, ESQUIRE
20770 Hwy 281 N., Suite 108-619
San Antonio, TX 78258
and
BENJAMIN V. MOLLOZZI, ESQUIRE
225 Pictoria Drive, Suite 450
Cincinnati, Ohio 45246
It is proposed that this filing will become effective:
X | immediately upon filing pursuant to paragraph (b) |
☐ | on , pursuant to paragraph (b) |
☐ | 60 days after filing pursuant to paragraph (a)(1) |
☐ | on (date) pursuant to paragraph (a)(1) |
☐ | 75 days after filing pursuant to paragraph (a)(2) |
☐ | on (date) pursuant to paragraph (a)(2) of rule 485 |
If appropriate check this box:
☐ | this post-effective amendment designates a new effective date for a previously filed post-effective amendment |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, The Timothy Plan (the Trust) hereby certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereto duly authorized, in the city of Maitland and the State of Florida on May 1, 2020.
THE TIMOTHY PLAN |
By: /s/ Arthur D. Ally |
ARTHUR D. ALLY |
Chairman, President and Treasurer |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated.
Signature | Title | Date | ||||
/s/ Arthur D. Ally ARTHUR D. ALLY |
Chairman, President, Treasurer &Trustee | May 1, 2020 | ||||
/s/ Joseph E. Boatwright* JOSEPH E. BOATWRIGHT |
Trustee, Secretary | May 1, 2020 | ||||
/s/ Matthew D. Staver* MATHEW D. STAVER |
Trustee | May 1, 2020 | ||||
/s/ Deborah Honeycutt* DEBORAH HONEYCUTT |
Trustee | May 1, 2020 | ||||
/s/ Charles E. Nelson # CHARLES E. NELSON |
Trustee | May 1, 2020 | ||||
/s/ Scott Preissler, Ph.D.* SCOTT PREISSLER, Ph.D. |
Trustee | May 1, 2020 | ||||
/s/ Alan M. Ross* ALAN M. ROSS |
Trustee | May 1, 2020 | ||||
/s/ Richard W. Copeland* RICHARD W. COPELAND |
Trustee | May 1, 2020 | ||||
/s/ Kenneth Blackwell* KENNETH BLACKWELL |
Trustee | May 1, 2020 | ||||
/s/ William W. Johnson* WILLAM W. JOHNSON |
Trustee | May 1, 2020 | ||||
/s/ John C. Mulder + JOHN C. MULDER |
Trustee | May 1, 2020 | ||||
/s/ Patrice Tsague* PATRICE TSAGUE |
Trustee | May 1, 2020 | ||||
By: /s/ Arthur D. Ally, Arthur D. Ally, in his capacity as Attorney in Fact |
Signed pursuant to a Powers of Attorney executed February 13*, 18+, and 19#, 2020.
EXHIBIT INDEX
Index No. | Description of Exhibit | |
EX-101.INS | XBRL Instance Document | |
EX-101.SCH | XBRL Taxonomy Extension Schema Document | |
EX-101.DEF | XBRL Taxonomy Extension Definition Linkbase | |
EX-101.LAB | XBRL Taxonomy Extension Labels Linkbase | |
EX-101.PRE | XBRL Taxonomy Extension Presentation Linkbase |
#)FP#1T3^-$6?NU/JEL@H6(=<"(.\)^J,VI0V4CCEUO
M#,EG> ^VU-];\_AM^^W4U-JY?C_8=.Z"X63, 0+_^QV+>[%D8?>WU:-6J-79LVX9D
M,HG6K=O@U]6K\,.*%1A][?7.9([P.?+I8.F:0%[_-]?JISX%+ TV>_J2QF][
M*/ U@01!$/Z$N, @@ __W79P$#)B!M#!#>A>SKHU,\G?M@]84(U+K?+
M\.DGP>#FZ2C&Y9W6ZU69;J6B7M&]C:KQI.)I+'X^X245V][-TW?)T^WH]?[HA534Z\438E(=5[JE8MNGXBDYY$+'Y5KCW;T)9E]#C$>,
MQ5$@N!SL=1\6U./$B_*\+I^7@XF(B+)=QZ6%N"'W$UUG$R6'^L31[+$Q%#1,
M HF(B+)=XCF!0/NS =L3.\TN >Q4 )(O]B8>"MB^',<$!@J30"(B(M+1G=6+
M&T?OF
Total | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Timothy Strategic Variable | |||||||||||||||||||||||||||||||||||||||||||||
Strategic Growth Portfolio | |||||||||||||||||||||||||||||||||||||||||||||
INVESTMENT OBJECTIVE | |||||||||||||||||||||||||||||||||||||||||||||
The investment objective of the Strategic Growth Portfolio is to generate medium to high levels of long-term capital growth. | |||||||||||||||||||||||||||||||||||||||||||||
FEES AND EXPENSES OF THE PORTFOLIO | |||||||||||||||||||||||||||||||||||||||||||||
The table below describes fees and expenses that you may pay if you buy and hold shares of the Portfolio. The table does not reflect expenses incurred from investing through an Insurance Company Separate Account or Qualified Plan and does not reflect variable annuity or life insurance contract charges. If it did, your expenses would be higher. Each Portfolio pays annual operating expenses from its assets, so their effect is included in the Portfolio’s share price. Separate Account Owners and Qualified Plan Participants should refer to their Insurance Company’s Prospectus or their Qualified Plan document, as applicable, for information on those fees or charges. | |||||||||||||||||||||||||||||||||||||||||||||
Annual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||
Example: | |||||||||||||||||||||||||||||||||||||||||||||
This Example is intended to help you compare the cost of investing in the Portfolio with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Portfolio for the time periods indicated, reinvest dividends and distributions, and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Portfolio’s operating expenses remain the same. The example does not reflect any insurance product fees or any additional expenses that participants in a qualified plan may bear relating to the operations of their plan. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||
PORTFOLIO TURNOVER | |||||||||||||||||||||||||||||||||||||||||||||
The Portfolio pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Portfolio operating expenses or in the Example, affect the Portfolio’s performance. During the Portfolio’s most recent fiscal year, the Portfolio’s turnover rate was 78% of the average value of the Portfolio. | |||||||||||||||||||||||||||||||||||||||||||||
PRINCIPAL INVESTMENT STRATEGIES | |||||||||||||||||||||||||||||||||||||||||||||
The Strategic Growth Portfolio is a “Fund-of-Funds” and under normal circumstances will typically invest at least 75% of its assets in the following underlying Funds in order to achieve its investment objective. The following range of percentages is a general guide regarding the anticipated investment allocation among the Funds:
Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program. | |||||||||||||||||||||||||||||||||||||||||||||
PRINCIPAL RISKS | |||||||||||||||||||||||||||||||||||||||||||||
1. General Risk | As with most other mutual funds, you can lose money by investing in the Strategic Growth Portfolio. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. 2. Portfolio Risk | The Portfolio is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Portfolio invests:
| |||||||||||||||||||||||||||||||||||||||||||||
PAST PERFORMANCE | |||||||||||||||||||||||||||||||||||||||||||||
Although past performance of the Portfolio is no guarantee of how it will perform in the future, historical performance may give you some indication of the risk of investing in the Portfolio because it demonstrates how the Portfolio’s returns have varied over time. The bar chart shows changes in the Portfolio’s returns for the last ten years, and the table shows how the Portfolio’s average annual total returns compare over time to the returns of a broad-based securities market index. The performance information in this Prospectus does not reflect charges or expenses associated with the Insurance Companies Separate Accounts, variable contracts, or Qualified Plans that an investor in the Portfolio may pay. | |||||||||||||||||||||||||||||||||||||||||||||
Year-by-year Annual Total Returns for Portfolio Shares (for calendar years ending on December 31) | |||||||||||||||||||||||||||||||||||||||||||||
![]() | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||
Average Annual Total Returns (for periods ending on December 31, 2019) | |||||||||||||||||||||||||||||||||||||||||||||
|
Label | Element | Value | ||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | TIMOTHY PLAN | ||||||||||||||||||||||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Apr. 29, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Strategic Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Strategic Growth Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||
Objective [Heading] | rr_ObjectiveHeading | INVESTMENT OBJECTIVE | ||||||||||||||||||||||||||||||||||||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The investment objective of the Strategic Growth Portfolio is to generate medium to high levels of long-term capital growth. | ||||||||||||||||||||||||||||||||||||||||||||||
Expense [Heading] | rr_ExpenseHeading | FEES AND EXPENSES OF THE PORTFOLIO | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The table below describes fees and expenses that you may pay if you buy and hold shares of the Portfolio. The table does not reflect expenses incurred from investing through an Insurance Company Separate Account or Qualified Plan and does not reflect variable annuity or life insurance contract charges. If it did, your expenses would be higher. Each Portfolio pays annual operating expenses from its assets, so their effect is included in the Portfolio’s share price. Separate Account Owners and Qualified Plan Participants should refer to their Insurance Company’s Prospectus or their Qualified Plan document, as applicable, for information on those fees or charges. | ||||||||||||||||||||||||||||||||||||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | PORTFOLIO TURNOVER | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Portfolio pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Portfolio operating expenses or in the Example, affect the Portfolio’s performance. During the Portfolio’s most recent fiscal year, the Portfolio’s turnover rate was 78% of the average value of the Portfolio. | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 78.00% | ||||||||||||||||||||||||||||||||||||||||||||||
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] | rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees | The fees and expenses are not used to calculate the Portfolio’s net asset values and do not correlate to the ratio of Expenses to Average Net Assets found in the Financial Highlights sections of this prospectus. | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example: | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Portfolio with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Portfolio for the time periods indicated, reinvest dividends and distributions, and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Portfolio’s operating expenses remain the same. The example does not reflect any insurance product fees or any additional expenses that participants in a qualified plan may bear relating to the operations of their plan. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||||||||||||||||||||||||||||||||||||||||||||||
Strategy [Heading] | rr_StrategyHeading | PRINCIPAL INVESTMENT STRATEGIES | ||||||||||||||||||||||||||||||||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Strategic Growth Portfolio is a “Fund-of-Funds” and under normal circumstances will typically invest at least 75% of its assets in the following underlying Funds in order to achieve its investment objective. The following range of percentages is a general guide regarding the anticipated investment allocation among the Funds:
Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program. |
||||||||||||||||||||||||||||||||||||||||||||||
Risk [Heading] | rr_RiskHeading | PRINCIPAL RISKS | ||||||||||||||||||||||||||||||||||||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | 1. General Risk | As with most other mutual funds, you can lose money by investing in the Strategic Growth Portfolio. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. 2. Portfolio Risk | The Portfolio is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Portfolio invests:
|
||||||||||||||||||||||||||||||||||||||||||||||
Risk Lose Money [Text] | rr_RiskLoseMoney | As with most other mutual funds, you can lose money by investing in the Strategic Growth Portfolio. | ||||||||||||||||||||||||||||||||||||||||||||||
Risk Nondiversified Status [Text] | rr_RiskNondiversifiedStatus | Non-Diversification Risk: Because the underlying Funds may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on a Fund than if the Portfolio’s investments were more widely distributed. | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | PAST PERFORMANCE | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | Although past performance of the Portfolio is no guarantee of how it will perform in the future, historical performance may give you some indication of the risk of investing in the Portfolio because it demonstrates how the Portfolio’s returns have varied over time. The bar chart shows changes in the Portfolio’s returns for the last ten years, and the table shows how the Portfolio’s average annual total returns compare over time to the returns of a broad-based securities market index. The performance information in this Prospectus does not reflect charges or expenses associated with the Insurance Companies Separate Accounts, variable contracts, or Qualified Plans that an investor in the Portfolio may pay. | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart shows changes in the Portfolio’s returns for the last ten years, and the table shows how the Portfolio’s average annual total returns compare over time to the returns of a broad-based securities market index. | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | Although past performance of the Portfolio is no guarantee of how it will perform in the future | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | Year-by-year Annual Total Returns for Portfolio Shares (for calendar years ending on December 31) | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
|
||||||||||||||||||||||||||||||||||||||||||||||
Performance Table Heading | rr_PerformanceTableHeading | Average Annual Total Returns (for periods ending on December 31, 2019) | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Strategic Variable | Timothy Strategic Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.10% | [1] | |||||||||||||||||||||||||||||||||||||||||||||
Distribution/Service (12b-1 Fees) | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||||||||||||||||||||||||||||||||||||||
Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) | rr_OtherExpensesOverAssets | 0.39% | ||||||||||||||||||||||||||||||||||||||||||||||
Acquired Funds’ Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 1.33% | [2] | |||||||||||||||||||||||||||||||||||||||||||||
Total Annual Portfolio Operating Expenses | rr_ExpensesOverAssets | 1.82% | [3] | |||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 185 | ||||||||||||||||||||||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 573 | ||||||||||||||||||||||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 985 | ||||||||||||||||||||||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | $ 2,137 | ||||||||||||||||||||||||||||||||||||||||||||||
2010 | rr_AnnualReturn2010 | 15.37% | ||||||||||||||||||||||||||||||||||||||||||||||
2011 | rr_AnnualReturn2011 | (3.70%) | ||||||||||||||||||||||||||||||||||||||||||||||
2012 | rr_AnnualReturn2012 | 11.42% | ||||||||||||||||||||||||||||||||||||||||||||||
2013 | rr_AnnualReturn2013 | 18.15% | ||||||||||||||||||||||||||||||||||||||||||||||
2014 | rr_AnnualReturn2014 | 1.59% | ||||||||||||||||||||||||||||||||||||||||||||||
2015 | rr_AnnualReturn2015 | (3.73%) | ||||||||||||||||||||||||||||||||||||||||||||||
2016 | rr_AnnualReturn2016 | 5.48% | ||||||||||||||||||||||||||||||||||||||||||||||
2017 | rr_AnnualReturn2017 | 12.12% | ||||||||||||||||||||||||||||||||||||||||||||||
2018 | rr_AnnualReturn2018 | (11.90%) | ||||||||||||||||||||||||||||||||||||||||||||||
2019 | rr_AnnualReturn2019 | 19.78% | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Sep. 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 12.66% | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Sep. 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (16.53%) | ||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 19.78% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 3.74% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 5.97% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Strategic Variable | Return after taxes on distributions | Timothy Strategic Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 19.18% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 2.68% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 5.22% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Strategic Variable | Return after taxes on distributions and sale of shares | Timothy Strategic Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 11.93% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 2.64% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 4.55% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Strategic Variable | Dow Jones Global Moderately Aggressive Portfolio Index (reflects no deduction for fees, expenses or taxes) | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 22.84% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 7.77% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 9.17% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
|
Label | Element | Value | ||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | TIMOTHY PLAN | ||||||||||||||||||||||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Apr. 29, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Conservative Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Conservative Growth Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||
Objective [Heading] | rr_ObjectiveHeading | INVESTMENT OBJECTIVE | ||||||||||||||||||||||||||||||||||||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The investment objective of the Conservative Growth Portfolio is to generate moderate levels of long-term capital growth. | ||||||||||||||||||||||||||||||||||||||||||||||
Expense [Heading] | rr_ExpenseHeading | FEES AND EXPENSES OF THE PORTFOLIO | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The table below describes fees and expenses that you may pay if you buy and hold shares of the Portfolio. The table does not reflect expenses incurred from investing through an Insurance Company Separate Account or Qualified Plan and does not reflect variable annuity or life insurance contract charges. If it did, your expenses would be higher. Each Portfolio pays annual operating expenses from its assets, so their effect is included in the Portfolio’s share price. Separate Account Owners and Qualified Plan Participants should refer to their Insurance Company’s Prospectus or their Qualified Plan document, as applicable, for information on those fees or charges. | ||||||||||||||||||||||||||||||||||||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | PORTFOLIO TURNOVER | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Portfolio pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Portfolio operating expenses or in the Example, affect the Portfolio’s performance. During the Portfolio’s most recent fiscal year, the Portfolio’s turnover rate was 63% of the average value of the Portfolio. | ||||||||||||||||||||||||||||||||||||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 63.00% | ||||||||||||||||||||||||||||||||||||||||||||||
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] | rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees | The fees and expenses are not used to calculate the Portfolio’s net asset value and do not correlate to the ratio of Expenses to Average Net Assets found in the Financial Highlights sections of this prospectus. | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example: | ||||||||||||||||||||||||||||||||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Portfolio with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Portfolio for the time periods indicated, reinvest dividends and distributions, and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Portfolio’s operating expenses remain the same. The example does not reflect any insurance product fees or any additional expenses that participants in a qualified plan may bear relating to the operations of their plan. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||||||||||||||||||||||||||||||||||||||||||||||
Strategy [Heading] | rr_StrategyHeading | PRINCIPAL INVESTMENT STRATEGIES | ||||||||||||||||||||||||||||||||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Conservative Growth Portfolio is a “Fund-of-Funds” and under normal circumstances will typically invest at least 75% of its assets in the following underlying Funds in order to achieve its investment objective. The following range of percentages is a general guide regarding the anticipated investment allocation among the Funds:
Timothy Partners, Ltd. (“TPL”) will determine the specific asset allocation program on a continuous basis, based on its forecast of the overall market. On each day that the Fund is open for business, TPL will review the asset allocation program and reallocate, as necessary, for any new funds invested in the Fund. The Advisor also will reallocate the Fund’s investments in the Traditional Funds at the end of each fiscal quarter to maintain the asset allocation program. |
||||||||||||||||||||||||||||||||||||||||||||||
Risk [Heading] | rr_RiskHeading | PRINCIPAL RISKS | ||||||||||||||||||||||||||||||||||||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | 1. General Risk | As with most other mutual funds, you can lose money by investing in the Conservative Growth Portfolio. Share prices fluctuate from day to day, and when you sell your shares, they may be worth less than you paid for them. 2. Portfolio Risk | The Portfolio is indirectly subject to the following risks that are inherent in the Traditional Funds in which the Portfolio invests:
|
||||||||||||||||||||||||||||||||||||||||||||||
Risk Lose Money [Text] | rr_RiskLoseMoney | As with most other mutual funds, you can lose money by investing in the Conservative Growth Portfolio. | ||||||||||||||||||||||||||||||||||||||||||||||
Risk Nondiversified Status [Text] | rr_RiskNondiversifiedStatus | Non-Diversification Risk: Because the underlying Funds may invest in a smaller number of securities, adverse changes to a single security might have a more pronounced negative effect on a Fund than if the Portfolio’s investments were more widely distributed. | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | PAST PERFORMANCE | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | Although past performance of the Portfolio is no guarantee of how it will perform in the future, historical performance may give you some indication of the risk of investing in the Portfolio because it demonstrates how the Portfolio’s returns have varied over time. The bar chart shows changes in the Portfolio’s returns for the last ten years, and the table shows how the Portfolio’s average annual total returns compare over time to the returns of a broad-based securities market index. The performance information in this Prospectus does not reflect charges or expenses associated with the Insurance Companies Separate Accounts, variable contracts, or Qualified Plans that an investor in the Portfolio may pay. | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart shows changes in the Portfolio’s returns for the last ten years, and the table shows how the Portfolio’s average annual total returns compare over time to the returns of a broad-based securities market index. | ||||||||||||||||||||||||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | Although past performance of the Portfolio is no guarantee of how it will perform in the future | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | Year-by-year Annual Total Returns for Portfolio Shares (for calendar years ending on December 31) | ||||||||||||||||||||||||||||||||||||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
|
||||||||||||||||||||||||||||||||||||||||||||||
Performance Table Heading | rr_PerformanceTableHeading | Average Annual Total Returns (for periods ending on December 31, 2019) | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Conservative Variable | Timothy Conservative Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.10% | [1] | |||||||||||||||||||||||||||||||||||||||||||||
Distribution/Service (12b-1 Fees) | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||||||||||||||||||||||||||||||||||||||
Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) | rr_OtherExpensesOverAssets | 0.45% | ||||||||||||||||||||||||||||||||||||||||||||||
Acquired Funds’ Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 1.23% | [2] | |||||||||||||||||||||||||||||||||||||||||||||
Total Annual Portfolio Operating Expenses | rr_ExpensesOverAssets | 1.78% | [3] | |||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 181 | ||||||||||||||||||||||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 560 | ||||||||||||||||||||||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 964 | ||||||||||||||||||||||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | $ 2,095 | ||||||||||||||||||||||||||||||||||||||||||||||
2010 | rr_AnnualReturn2010 | 12.45% | ||||||||||||||||||||||||||||||||||||||||||||||
2011 | rr_AnnualReturn2011 | 1.90% | ||||||||||||||||||||||||||||||||||||||||||||||
2012 | rr_AnnualReturn2012 | 7.79% | ||||||||||||||||||||||||||||||||||||||||||||||
2013 | rr_AnnualReturn2013 | 10.10% | ||||||||||||||||||||||||||||||||||||||||||||||
2014 | rr_AnnualReturn2014 | 2.60% | ||||||||||||||||||||||||||||||||||||||||||||||
2015 | rr_AnnualReturn2015 | (2.90%) | ||||||||||||||||||||||||||||||||||||||||||||||
2016 | rr_AnnualReturn2016 | 5.85% | ||||||||||||||||||||||||||||||||||||||||||||||
2017 | rr_AnnualReturn2017 | 9.32% | ||||||||||||||||||||||||||||||||||||||||||||||
2018 | rr_AnnualReturn2018 | (8.77%) | ||||||||||||||||||||||||||||||||||||||||||||||
2019 | rr_AnnualReturn2019 | 15.68% | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Sep. 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 8.39% | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Sep. 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (8.67%) | ||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 15.68% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 3.47% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 5.16% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Conservative Variable | Return after taxes on distributions | Timothy Conservative Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 14.00% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 2.14% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 4.05% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Conservative Variable | Return after taxes on distributions and sale of shares | Timothy Conservative Variable | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 10.02% | ||||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 2.38% | ||||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 3.80% | ||||||||||||||||||||||||||||||||||||||||||||||
Timothy Conservative Variable | Dow Jones Global Moderate Portfolio Index (reflects no deduction for fees, expenses or taxes) | ||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 18.60% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
5 Year | rr_AverageAnnualReturnYear05 | 6.60% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
10 Year | rr_AverageAnnualReturnYear10 | 7.76% | [4] | |||||||||||||||||||||||||||||||||||||||||||||
|
6Q;#9%!.4[\Q8-F)D%OX=3H&!W0C\JXZU
M-/R!T4?BD1T*K0(HHQE"@/E&.":L%KFO_QOL!O#%! DUN440:7FU$Q*9T8RX
M'9X:!RSSQ7-'P:/1%"C:1#">4U#T+(+).8J['!E2X/28],52B'U^(QVU#0PE
MQNO>J3P*"G8[&OD4^J$#1Z=\_*Z."]04V)%P/_,NGL+(S1*U
M(*!)(BP962A\4(*> S":WK#DD6!=<< R/A94IPRK<*4I,(E 7ECPW5B7M=R-,
MQ/0EO^PI)*JXIS*O:(0APS./IL79.=-@><.*=B>:D&YZ/&X^:CU<2C&,&*Q&
M8B4#S#5;26*X![F3:=#4\D7*KAG*6CT-HB5I6_"^8S%5^Y<\NUYP.S28A3ZK
ME0'U63_FR[AZ8&B!H=#6F6+XZR@L/6]%K#
M&7H8)B:VA$4Y,;O#S;=8[H]]Q%FZDDD#7+J"JBT!*0H9LI_H5(RA&WZ,LUF*
M061^F"!',N%T#!Z:Y2U_!V=8 "3:2X8=#I@Z.28Q(G=,[EYALSZ1Q%P+G *9
M"EV]6\=12'602-U+.3YDXB>!RZD8?"GK^0G94/F4I5;,(9MT: $K'O?ZOQQ"XLYG&A1
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M$$"EZ @ \IQ95H*U+/$/D)AK%X\H0K[/O
MPV;?3M7&%XM66[[(JZ:: (K/LZX8$Z,5;&HFSEG7.;G[;<56M6G7Z&'S,_TF
M?2TV[[*!9^$2*<$H )NSFVKR9?77&BN!BG3)'TFPZ7OMS<35I3>>8!.Z7!5&
M#=CT_BG_JAY4;M [5Y7>F'*#Y[F:=%H SZ6E N2#8O>J0TG1D
M6.ED3@A^/S=)XH.DYQ'D3AIMVW&4V.Z!^<20XP=.&4Z88/18:A1+E6*A
MLR8-Q_CA\[/"NH3_KD2^=6J&)]8_
M1,8/)WD7(7($BEDN[B=+*QQ7?0^DHV@.?$>BT!S/'X^)T0$A$,,O!%S7CL&2
M18V<8($%[\J:\8#QM&-?8:@J 1J[,[@*.),BC17FDA&WHY%X8779#\VXLM;0"B(OG&'+Z3K]
MO47I4U_L:7%Q*Z*?KT?U>SNJO*[OBSRFK1=R3'GLB,W\7LY!O11R*A8I>UEG
MM/U2B,EJ8_L."SR^G&/:>TE7TXD:8V>"NSQI%C39EW56.R^%I,Z3V%4!^M&F
M4
R-* FV97*,D>45FA
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M0[9]R+;G1(_N[.O#P;=*YCIG8!VN^'XW@\;
MYZF:_O/U!A;DYQEF@#<;/V[U8"A:4Q-8&NP337P U5'HW;!!N;\][#_7,LJ@
M$]BK@J6705YF?6-]#JAAPW?W"/0&4#2DY5L35O><M9P>]OU<)_\+H@NS0"*U5]&-M8TW;=.>TO7M-37I]MK&FG;DT'!RO>LF8N
M7=>2BI4]W$BRA"CV69&JG56#1%4SDU3<;,&AWP\E8F%7A?H.C+
M0YYD%;E')[MI,0-R9>V _9QDY #@O#GF:]+IH791<;(@N#144#[!I&)T(%P7
M4=PNC/!2=)&4Q#-+_#T4K
ASHI0(6X:,E-8Y3Q-Z[)9ZY=MG'V2)M5R>MM&0LM31XYYC&D5IUES
M&CDM/J%2KD5/TC30DSANDCE$:6OJFR1L4L""%L:!/T9)NOK0E_>8J^2@A](V
M ?^*;F9)1;JR4(T/63/3*EQ&9766-S>9^*LG^/'H8XUGF+SO):V,6GJE63=K
MP^E;=0RX3-8HV-5W7%W%-]N$3WD4
XW
ML05=Y=6M;&$$.!.1.D./"+]Z^5N"TEAH@I4-[,*6&&.=-E;!"T*N%.)6(>NC
MM0<4;R(^_%XGCU&*%YKZJ'G-C*AP?9\4U5(Y$05B-B!*)IU8T@)0P03C"EF
MIT)F&I3.Q)$*FTF#5#\\M/7&KW.F^+LD<9.JP2;LYZUI'^>+*,GV%FAQTQV(
M:%:W%U%AA?P1ZXTL"$
M/:PZOL(_V#?!Q#_C%")?:3!PR@2E0;]0^0KTP&$3(FC>T>L*_\"O$Q1^457S
M%?B![R=H\,P:C_+2X 0!E (CBYU3I6"SK6;9L;&4O]KE=HAQ%3R$V::)KXB,%#!5:405P9EJN'X['A^()$AT4A
MR\*^$H4D@Q:9")5H>;JEX4*K.S=4=O"M_$#W-Q=U?JR(R>2C4$?BX.C"2I(!
MB(" GQ+T[0,0MC(0(!%S7L5=:0+DR,^H[(A*'_?9%$=5Q^OR?CGP49;+-WPZ
MDSDH@^,!1@U"LG\N:'7KET@/.DS 7E8H__@7=];FCD6>1Q8#1JG*9!JVU-M$
MA'>AUP4!ZH6?)W:ZQB
\.=-/%I&C#^\][
MG?:?6YW#0@QHL^]&[WEW29LN)D4;WB/=Z[1'VNH<%F) FWV/=,^[=]=T,2G:
M\,[=7J>=NU;GL! #VNP[=WO>':6FBTG1AO>3]CKM)[4ZAX48T&;?3]KS[G,T
M70RA7=[MFFG=\Q>CEQ6-'57XR]:S\7AZKZ31IEA #6T7S#V%*5%LV)FHCJFM#2S-$;<>0A 2!@ECI
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M\.40NP@5JKPW0!RN4_!OIT+8@FLXFDX,B9'CA,P.%"4\&V\!.
X+A0@:*CBZ@/H4FHL3MX@+2U,L?P-