ESOP · DOL Form 5500 · 2023
Third Federal Savings and Loan Association of Cleveland ESOP
Data updated 2026-08-11
- $136M
- Total assets
- 976
- Participants
- 93rd
- Percentile by assets
- $139,535
- Avg per participant
Official DOL plan name: Third Federal Savings Associate Stock Ownership Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance
$136M in assets, 976 participants
Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Associate Stock Ownership Plan reported $136M in total assets and 976 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #7,904 in Finance & Insurance (8,869 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, $136M for 976 participants (~$139,535/participant), up 0.8% in 2023.
- $136M
- total plan assets (2023 EOY)
- 976
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $139,535
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Third Federal Savings Associate Stock Ownership Plan reported net income rose from -$28M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Third Federal Savings Associate Stock Ownership Plan end-of-year assets rose from $135M in the plan year 2022 filing to $136M in the plan year 2023 filing.
Third Federal Savings Associate Stock Ownership Plan vs the 2023 asset distribution
By assets, Third Federal Savings Associate Stock Ownership Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $135M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $7M |
| Employer EIN | 340573493 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Third Federal Savings and Loan Association of Cleveland)
| 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
- Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $23.1B · 32,152
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $1.7B · 1,019
- Messer Inc. Employee Stock Ownership Plan $622M · 873
- Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $504M · 4,110
- Cleveland Steel Container Corporation Employee Stock Ownership Plan $452M · 434
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Third Federal Savings Associate Stock Ownership Plan by total assets, not by location.
- Globe Engineering Co Inc Employee Stock Ownership Plan and Trust (KS) $136M · 236
- Royal Technologies Corporation Employee Stock Ownership Plan (MI) $135M · 1,049
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan (IN) $135M · 558
- Technology Service Corporation Employee Stock Ownership Plan (VA) $135M · 562
Frequently Asked Questions
How did Third Federal Savings Associate Stock Ownership Plan assets move in 2023? ▼
How have Third Federal Savings and Loan Association of Cleveland plan assets changed over time? ▼
Where does Third Federal Savings Associate Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Third Federal Savings Associate Stock Ownership Plan? ▼
Next read for Third Federal Savings Associate Stock Ow…
Scale reading
Ways to act on Third Federal Savings Associate Stock Ownership Plan's numbers.
- By total assets, Third Federal Savings Associate Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Ohio. Compare plans
- Third Federal Savings and Loan Association of Cleveland's sponsor-wide assets have grown 5.0% since 2022 across 3 plan years on file. More Finance & Insurance plans