401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$194M
Total assets Near avg plan size
1,030
Participants Near avg headcount
95th
Percentile by assets National rank
$188,377
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Third Federal 401(k) Savings Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance

$194M in assets, 1,030 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal 401(k) Savings Plan reported $194M in total assets and 1,030 participants in its 2023 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.

  • #8,104 in Finance & Insurance (8,869 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, $194M for 1,030 participants (~$188,377/participant), up 17.7% in 2023.

#8,104
in Finance & Insurance (8,869 peers)
+17.7%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Third Federal 401(k) Savings Plan's outsized position by total assets

Third Federal 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$194,028,666 Top 5% higher than 95% of 127,068 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 2023

Third Federal 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Third Federal 401(k) Savings Plan lands in the large band (1,030 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Third Federal 401(k) Savings Plan reported net income rose from -$37M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Third Federal 401(k) Savings Plan end-of-year assets rose from $165M in the plan year 2022 filing to $194M in the plan year 2023 filing.
  • Third Federal 401(k) Savings Plan reported participants rose from 998 in the plan year 2022 filing to 1,030 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2023 · 401(k)

Third Federal 401(k) Savings Plan · $194M · 1,030 · 95th

  • IND $194M
  • EOY 1,030
  • 5500 95th
  • ASSETS 401(k)
  • PCT near Samaritan Medical Center/Samaritan Keep Nursing Home Retirement Plan
  • EIN ind #8104

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 401(k) Savings Plan in the asset neighbourhood

Savannah College of Art and Design Retirement PlanSavannah College of Art and …$194MMoffatt & Nichol 401(k) Profit Sharing PlanMoffatt & Nichol 401(k) Prof…$194MAirborn, Inc. 401(k) Savings and Employee Stock Ownership PlanAirborn, Inc. 401(k) Savings…$194MThird Federal 401(k) Savings PlanThird Federal 401(k) Savings…$194MSamaritan Medical Center/Samaritan Keep Nursing Home Retirement PlanSamaritan Medical Center/Sam…$194M
End-of-year total assets ($M) among Third Federal 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$194M
Net Income$27M
Employer EIN340573493
Plan Effective Date1989-07-01
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 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 Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Third Federal 401(k) Savings Plan, Total assets ($B): 0.194028666 · Participants: 1030Third Federal 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Third Federal 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Third Federal 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Samaritan Medical Center/Samaritan Keep Nursing Home Retirement Plan in NY ($194M); by covered participants it is Employee Savings and Stock Ownership Plan of General Re Corp and Its Domestic Subsidiaries in CT (1,030 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,030 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Third Federal 401(k) Savings Plan assets move in 2023?
Third Federal 401(k) Savings Plan grew sharply - up 17.7% during 2023, from $165M to $194M. Reported net income was $27M.
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 127,072 plans that reported assets for plan year 2023 (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 Samaritan Medical Center/Samaritan Keep Nursing Home Retirement Plan in NY ($194M, 1,511 participants).
Which 401(k) plans cover a similar participant headcount to Third Federal 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Employee Savings and Stock Ownership Plan of General Re Corp and Its Domestic Subsidiaries in CT (1,030 participants, $1.4B in assets).