401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$205M
Total assets
977
Participants
94th
Percentile by assets
$209,385
Avg per participant
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Official DOL plan name: Third Federal 401(k) Savings Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance

$205M in assets, 977 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal 401(k) Savings Plan reported $205M in total assets and 977 participants in its 2024 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.

  • 94th percentile by assets (of 123,622 plans)
  • #7,776 in Finance & Insurance (8,549 peers)

Where Third Federal 401(k) Savings Plan sits by assets

Third Federal 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $205M for 977 participants (~$209,385/participant), up 5.4% in 2024.

$205M
total plan assets (2024 EOY)
977
covered participants
94th
percentile by assets (of 123,622 plans)
$209,385
avg assets per participant

Where Third Federal 401(k) Savings Plan sits by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$204,569,347 Top 6% higher than 94% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Third Federal 401(k) Savings Plan reported net income fell from $27M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Third Federal 401(k) Savings Plan end-of-year assets rose from $194M in the plan year 2023 filing to $205M in the plan year 2024 filing.
  • Third Federal 401(k) Savings Plan reported participants fell from 1,030 in the plan year 2023 filing to 977 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Third Federal 401(k) Savings Plan vs the 2024 asset distribution

By assets, Third Federal 401(k) Savings Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$205M
Net Income$8M
Employer EIN340573493
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

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

$360M$380M$400M$420M 202220232024 $377M $396M ▲ +5.0%
Total plan assets by year, all Third Federal Savings and Loan Association of Cleveland plans on file
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 -505101520 Total assets ($B) Participants Third Federal 401(k)…, Total assets ($B): 0.204569347 · Participants: 977Third Federal 401(k)…GE Aerospace Retirem…, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirem…The Kroger Co. 401(k…, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k…The Progressive 401(…, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(…The Sherwin-Williams…, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams…Parker Retirement Sa…, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Sa…
Third Federal 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Third Federal 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Third Federal 401(k) Savings Plan assets move in 2024?
Third Federal 401(k) Savings Plan grew at a solid clip - up 5.4% during 2024, from $194M to $205M. Reported net income was $8M.
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 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% 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 Embraer Aircraft Holding, Inc. 401(k) Retirement Plan in FL ($205M, 2,097 participants).

Next read for Third Federal 401(k) Savings Plan

Scale reading

Ways to act on Third Federal 401(k) Savings Plan's numbers.

  • By total assets, Third Federal 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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