Defined Benefit (Pension) · DOL Form 5500 · 2023

Third Federal Savings and Loan Association of Cleveland Pension Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
229
Participants Below avg headcount
90th
Percentile by assets National rank
$350,911
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

$80M in assets, 229 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Retirement Plan reported $80M in total assets and 229 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,459 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Third Federal Savings Retirement Plan covers 229 participants in Ohio, about 30% of the average Ohio filer (state average ~765 per filing). Assets: $80M.

#7,459
in Finance & Insurance (8,869 peers)
+4.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$80,358,607 Top 10% higher than 90% 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 Savings Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 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 (229 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Third Federal Savings Retirement Plan reported net income rose from -$25M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Third Federal Savings Retirement Plan reported participants fell from 271 in the plan year 2022 filing to 229 in the plan year 2023 filing.
  • Third Federal Savings Retirement Plan end-of-year assets rose from $77M in the plan year 2022 filing to $80M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2023 · Defined Benefit (Pension)

Third Federal Savings Retirement Plan · $80M · 229 · 90th

  • SCH $80M
  • EBSA 229
  • PART 90th
  • TYPE Defined Benefit (Pension)
  • NET near Axel Johnson Inc. Retirement Plan
  • BOOK ind #7459

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

American College of Surgeons Staff Members' Retirement PlanAmerican College of Surgeons…$80MThird Federal Savings Retirement PlanThird Federal Savings Retire…$80MAxel Johnson Inc. Retirement PlanAxel Johnson Inc. Retirement…$80MAgents Retirement Plan of the Lincoln National Life Insurance CompanyAgents Retirement Plan of th…$80MGeorgia Farm Bureau Mutual Insurance Company Retirement PlanGeorgia Farm Bureau Mutual I…$80M
End-of-year total assets ($M) among Third Federal Savings Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$80M
Net Income$3M
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): 0.080358607 · Participants: 229Third Federal Savings Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
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 Axel Johnson Inc. Retirement Plan in CT ($80M); by covered participants it is Non-Contributory Retirement Program for Certain Empl of Bcbs Wyoming in WY (229 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (229 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 Savings Retirement Plan assets move in 2023? ▼
Third Federal Savings Retirement Plan edged up modestly - up 4.4% during 2023, from $77M to $80M. Reported net income was $3M.
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 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Axel Johnson Inc. Retirement Plan in CT ($80M, 99 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 Non-Contributory Retirement Program for Certain Empl of Bcbs Wyoming in WY (229 participants, $36M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.