Defined Benefit (Pension) · DOL Form 5500 · 2022

Third Federal Savings and Loan Association of Cleveland Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
271
Participants Below avg headcount
91st
Percentile by assets National rank
$284,162
Avg per participant High balance/head
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Official DOL plan name: Third Federal Savings Retirement Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance

$77M in assets, 271 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Retirement Plan reported $77M in total assets and 271 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,943 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Third Federal Savings Retirement Plan covers 271 participants in Ohio, about 35% of the average Ohio filer (state average ~765 per filing). Assets: $77M.

#7,943
in Finance & Insurance (9,261 peers)
-24.2%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Third Federal Savings Retirement Plan's outsized position by total assets

Third Federal Savings Retirement Plan vs every filed plan by assets

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

$77,007,837 Top 9% higher than 91% 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 Retirement 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 Retirement Plan sits mid-pack in the medium band (271 participants).

EBSA filing schedule strip

Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2022 · Defined Benefit (Pension)

Third Federal Savings Retirement Plan · $77M · 271 · 91st

  • SCH $77M
  • SCH 271
  • SCH 91st
  • SCH Defined Benefit (Pension)
  • SCH near Holy Cross Retirement Plan for Nonexempt Employees
  • SCH ind #7943

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 Finance & Insurance retirement plans → · Plans in Ohio →

Third Federal Savings Retirement Plan in the asset neighbourhood

Retirement Plan for Certain Hourly Employees of Foundation CoalRetirement Plan for Certain …$77MB&g Foods Pension Plan$77MThird Federal Savings Retirement PlanThird Federal Savings Retire…$77MHoly Cross Retirement Plan for Nonexempt EmployeesHoly Cross Retirement Plan f…$77MN.E.C.a.-I.B.E.W. Local Union No. 35 Pension FundN.E.C.a.-I.B.E.W. Local Unio…$77M
End-of-year total assets ($M) among Third Federal Savings Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$77M
Net Income-$25M
Employer EIN340573493
Plan Effective Date1996-07-01
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 Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Third Federal Savings Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Third Federal Savings Retirement Plan, Total assets ($B): 0.077007837 · Participants: 271Third Federal Savings Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
Third Federal Savings Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Third Federal Savings Retirement Plan side-by-side with 3 peers →

Third Federal Savings Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Holy Cross Retirement Plan for Nonexempt Employees in MA ($77M); by covered participants it is Schindler Elevator Corporation Retirement Plan in NJ (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Retirement Plan assets move in 2022? ▼
Third Federal Savings Retirement Plan declined sharply - down 24.2% during 2022, from $102M to $77M. Reported net income was -$25M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Third Federal Savings Retirement Plan ranks in the 91st 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 Defined Benefit (Pension) plans are similar in size to Third Federal Savings Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Holy Cross Retirement Plan for Nonexempt Employees in MA ($77M, 305 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Third Federal Savings Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Schindler Elevator Corporation Retirement Plan in NJ (271 participants, $131M 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.