ESOP · DOL Form 5500 · 2022

Third Federal Savings and Loan Association of Cleveland ESOP

Data updated 2026-08-25

$135M
Total assets Near avg plan size
973
Participants Near avg headcount
94th
Percentile by assets National rank
$138,914
Avg per participant Near avg balance/head
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Official DOL plan name: Third Federal Savings Associate Stock Ownership Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance

$135M in assets, 973 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Associate Stock Ownership Plan reported $135M in total assets and 973 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,375 in Finance & Insurance (9,261 peers)

Where Third Federal Savings Associate Stock Ownership Plan sits by assets

Third Federal Savings Associate Stock Ownership Plan sits in the top 10% of all filed plans by assets, $135M for 973 participants (~$138,914/participant), down 20.7% in 2022.

#8,375
in Finance & Insurance (9,261 peers)
-20.7%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Third Federal Savings Associate Stock Ownership Plan's outsized position by total assets

Third Federal Savings Associate Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$135,163,322 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Third Federal Savings Associate Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Third Federal Savings Associate Stock Ownership Plan sits mid-pack in the medium band (973 participants).

Published 5500 schedule card

Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2022 · ESOP

Third Federal Savings Associate Stock Ownership Plan · $135M · 973 · 94th

  • BOOK $135M
  • VS-ST 973
  • BOY 94th
  • SCH ESOP
  • EBSA near King Arthur Employee Stock Ownership Plan
  • PART ind #8375

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Ohio →

Third Federal Savings Associate Stock Ownership Plan in the asset neighbourhood

Armstrong Garden Centers, Inc. Employee Stock Ownership PlanArmstrong Garden Centers, In…$136MBancfirst Corporation Employee Stock Ownership PlanBancfirst Corporation Employ…$136MThird Federal Savings Associate Stock Ownership PlanThird Federal Savings Associ…$135MKing Arthur Employee Stock Ownership PlanKing Arthur Employee Stock O…$135MGlobe Engineering Co Inc Employee Stock Ownership Plan and TrustGlobe Engineering Co Inc Emp…$133M
End-of-year total assets ($M) among Third Federal Savings Associate Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$170M
Net Assets (End of Year)$98M
Net Income-$28M
Employer EIN340573493
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Third Federal Savings and Loan Association of Cleveland plans reported in each filing year

Latest sponsor-wide plan assets
$396M 4.978220110989469% vs 2022
2024 filing year
$360M$380M$400M$420M 202220232024 $377M $396M ▲ +5.0%
Year Plans Participants Total Assets
2022 3 2,242 $377M
2023 3 2,235 $411M
2024 3 2,148 $396M

Nearby ESOP Plans in Ohio

Peer ESOP plans, same state, same plan type, ranked by total assets.

Third Federal Savings Associate Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Third Federal Savings Associate Stock Ownership Plan, Total assets ($B): 0.135163322 · Participants: 973Third Federal Savings Associate Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.972067387 · Participants: 30782Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.386806135 · Participants: 1000The Garland Industries, Inc. Employee Stock Ownership Plan & TrustAdvanced Drainage Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.559381199 · Participants: 3337Advanced Drainage Systems, Inc. Employee Stock Ownership PlanMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.556639229 · Participants: 808Messer Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.444757925 · Participants: 407Cleveland Steel Container Corporation Employee Stock Ownership Plan
Third Federal Savings Associate Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Third Federal Savings Associate Stock Ownership Plan side-by-side with 3 peers →

Third Federal Savings Associate Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is King Arthur Employee Stock Ownership Plan in VT ($135M); by covered participants it is S&me, Inc. Employee Stock Ownership Plan in NC (970 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (973 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Third Federal Savings Associate Stock Ownership Plan assets move in 2022? ▼
Third Federal Savings Associate Stock Ownership Plan declined sharply - down 20.7% during 2022, from $170M to $135M. Reported net income was -$28M.
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 Savings Associate Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Third Federal Savings Associate Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Third Federal Savings Associate Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is King Arthur Employee Stock Ownership Plan in VT ($135M, 301 participants).
Which ESOP plans cover a similar participant headcount to Third Federal Savings Associate Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is S&me, Inc. Employee Stock Ownership Plan in NC (970 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340573493.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.