ESOP · DOL Form 5500 · 2024
Third Federal Savings and Loan Association of Cleveland ESOP
Data updated 2026-08-25
- $114M
- Total assets Near avg plan size
- 966
- Participants Near avg headcount
- 91st
- Percentile by assets National rank
- $118,170
- Avg per participant Near avg balance/head
Official DOL plan name: Third Federal Savings Associate Stock Ownership Plan · Sponsored by Third Federal Savings and Loan Association of Cleveland · Ohio · Finance & Insurance
$114M in assets, 966 participants
Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Associate Stock Ownership Plan reported $114M in total assets and 966 participants in its 2024 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.
- #7,397 in Finance & Insurance (8,549 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, $114M for 966 participants (~$118,170/participant), down 16.2% in 2024.
- #7,397
- in Finance & Insurance (8,549 peers)
- -16.2%
- assets change YoY
- 1.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Third Federal Savings Associate Stock Ownership Plan's outsized position by total assets
Third Federal Savings Associate Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$114,152,360 Top 9% higher than 91% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Third Federal Savings Associate Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Third Federal Savings Associate Stock Ownership Plan sits mid-pack in the medium band (966 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Third Federal Savings Associate Stock Ownership Plan reported net income fell from $7M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
- Third Federal Savings Associate Stock Ownership Plan end-of-year assets fell from $136M in the plan year 2023 filing to $114M in the plan year 2024 filing.
- Third Federal Savings Associate Stock Ownership Plan reported participants fell from 976 in the plan year 2023 filing to 966 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2024 · ESOP
Third Federal Savings Associate Stock Ownership Plan · $114M · 966 · 91st
- SCH $114M
- EBSA 966
- PART 91st
- TYPE ESOP
- NET near Shared Medical Services Employee Stock Ownership Plan
- BOOK ind #7397
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 What is an ESOP? → · Plans in Ohio →
Third Federal Savings Associate Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $136M |
|---|---|
| Net Assets (End of Year) | $86M |
| Net Income | -$15M |
| Employer EIN | 340573493 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING 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
| 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.
- Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $22.0B · 33,639
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $2.0B · 1,118
- Messer Inc. Employee Stock Ownership Plan $696M · 903
- Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $502M · 4,264
- Cleveland Steel Container Corporation Employee Stock Ownership Plan $485M · 415
Third Federal Savings Associate Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Ohio, the nearest ESOP by assets is Shared Medical Services Employee Stock Ownership Plan in WI ($114M); by covered participants it is Cma Group Qualified Stock Bonus Plan in VA (966 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($114M here).
Similar participant headcount
Nearest other-state filings by covered participants (966 participants); asset peers above are excluded.
- Cma Group Qualified Stock Bonus Plan (VA) 966 · 0 off
- Raffertys, Inc. Employee Stock Ownership Plan (KY) 964 · 2 off
- Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP (MT) 968 · 2 off
- Ecmd, Inc. Employee Stock Ownership Plan (NC) 969 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.