401(k) · DOL Form 5500 · 2022

Third Federal Savings and Loan Association of Cleveland 401(k) Plan

Data updated 2026-08-11

$165M
Total assets
998
Participants
95th
Percentile by assets
$165,237
Avg per participant
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Official DOL plan name: Third Federal 401(k) Savings Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance

$165M in assets, 998 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal 401(k) Savings Plan reported $165M in total assets and 998 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 139,126 plans)
  • #8,483 in Finance & Insurance (9,261 peers)

Where Third Federal 401(k) Savings Plan sits by assets

Third Federal 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $165M for 998 participants (~$165,237/participant), down 17.4% in 2022.

$165M
total plan assets (2022 EOY)
998
covered participants
95th
percentile by assets (of 139,126 plans)
$165,237
avg assets per participant

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Third Federal 401(k) Savings Plan vs the 2022 asset distribution

By assets, Third Federal 401(k) Savings Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$165M
Net Income-$37M
Employer EIN340573493
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Third Federal Savings and Loan Association of Cleveland)

$360M$380M$400M$420M 202220232024 $377M $396M ▲ +5.0%
Total plan assets by year, all Third Federal Savings and Loan Association of Cleveland plans on file
Year Plans Participants Total Assets
2022 3 2,242 $377M
2023 3 2,235 $411M
2024 3 2,148 $396M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Third Federal 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Third Federal 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Third Federal 401(k)…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Third Federal 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Third Federal 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Third Federal 401(k) Savings Plan assets move in 2022?
Third Federal 401(k) Savings Plan declined sharply - down 17.4% during 2022, from $200M to $165M. Reported net income was -$37M.
How have Third Federal Savings and Loan Association of Cleveland plan assets changed over time?
Across 3 plan years on file (2022-2024), Third Federal Savings and Loan Association of Cleveland's sponsor-wide assets grew 5.0%, from $377M to $396M.
Where does Third Federal 401(k) Savings Plan rank by assets among Form 5500 filers?
Third Federal 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Third Federal 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Marathon Cheese Employee's 401(k) Retirement Plan in WI ($165M, 2,158 participants).

Next read for Third Federal 401(k) Savings Plan

Scale reading

Ways to act on Third Federal 401(k) Savings Plan's numbers.