Third Federal Savings Associate Stock Ownership Plan — Form 5500 plan (Third Federal Savings And Loan Association Of Cleveland)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Third Federal Savings Associate Stock Ownership Plan is a benefit plan reported by Third Federal Savings And Loan Association Of Cleveland under EIN 34-0573493 and plan number 004. The latest loaded filing year is 2023. The filing reports 1,260 participants and $136,186,431 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$103.2MPlan net assets, end of year$103,171,928
Participants1.3KCovered participants reported1,260
Assets / participant$108.1KComputed: assets ÷ participants$108,084 (computed)
Provider compensation$10.8K1 Schedule C provider row(s)$10,813
Plan sponsor
Third Federal Savings And Loan Association Of Cleveland
EIN
34-0573493
Plan number
004
Plan type
2
Location
Cleveland, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,260H, C20241002125810NAL0008799665001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$136.2M total assets
Net assets$103.2MLiabilities$33M
Money in vs. money out
Total income / additions$16.7M
Total expenses$9.3M
Benefits paid / distributions$6.5M
Contributions
Employer$3.5M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$136,186,431
Total liabilities (EOY)
$33,014,503
Net assets (EOY)
$103,171,928
Net assets (BOY)
$97,909,300

Income & contributions

Employer contributions
$3,535,924
Total contributions
$3,535,924
Total income / additions
$16,657,149

Expenses & distributions

Benefits paid
$6,479,285
Administrative expenses
$10,813
Total expenses
$9,284,150
Net increase / (decrease)
$7,372,999
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$10,813$02023

Related Form 5500 pages