Defined Benefit (Pension) · DOL Form 5500 · 2024

Third Federal Savings and Loan Association of Cleveland Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
205
Participants Below avg headcount
88th
Percentile by assets National rank
$376,230
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

$77M in assets, 205 participants

Third Federal Savings and Loan Association of Cleveland's Third Federal Savings Retirement Plan reported $77M in total assets and 205 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,018 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Third Federal Savings Retirement Plan covers 205 participants in Ohio, about 27% of the average Ohio filer (state average ~765 per filing). Assets: $77M.

#7,018
in Finance & Insurance (8,549 peers)
-4.0%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$77,127,247 Top 12% higher than 88% of 123,620 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 2024

Third Federal Savings Retirement 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 Retirement Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Third Federal Savings Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Third Federal Savings Retirement Plan reported participants fell from 229 in the plan year 2023 filing to 205 in the plan year 2024 filing.
  • Third Federal Savings Retirement Plan end-of-year assets fell from $80M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 340573493 · Third Federal Savings and Loan Association of Cleveland PY 2024 · Defined Benefit (Pension)

Third Federal Savings Retirement Plan · $77M · 205 · 88th

  • PART $77M
  • PART 205
  • PART 88th
  • PART Defined Benefit (Pension)
  • PART near Hollow Metal Pension Fund
  • PART ind #7018

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

Iron Workers Regional Shop Local Union No 855 Pension TrustIron Workers Regional Shop L…$77MThird Federal Savings Retirement PlanThird Federal Savings Retire…$77MHollow Metal Pension Fund$77ML3harris Communication Systems - East Pension Plan for Bargaining Unit EmployeesL3harris Communication Syste…$77MSunkist Retirement Plan - a$77M
End-of-year total assets ($M) among Third Federal Savings Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$77M
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. -500005000100001500020000 -505101520 Total assets ($B) Participants Third Federal Savings Retirement Plan, Total assets ($B): 0.077127247 · Participants: 205Third Federal Savings Retirement PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Third Federal Savings Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

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 Hollow Metal Pension Fund in NY ($77M); by covered participants it is Air Canada U.S. Pension Plan in (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Third Federal Savings Retirement Plan edged down modestly - down 4.0% during 2024, from $80M to $77M. 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 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile 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 Hollow Metal Pension Fund in NY ($77M, 394 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 Air Canada U.S. Pension Plan in (205 participants, $138M in assets).