Plan Snapshot
- Plan Sponsor: Third Federal Savings And Loan Association Of Cleveland
- Sponsor EIN: 340573493
- Sponsor Address: 7007 BROADWAY AVE, CLEVELAND, OH, 441051441
- Plan Type: DB
- Total Participants: 205
- Total Assets: $77.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 205 | $77.1M | $0 | $0 |
| 2023 | 229 | $80.4M | $0 | $0 |
| 2022 | 271 | $77.0M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL GLOBAL INVESTORS LLC | INVESTMENT ADVISORY | $148,535 | — | $148,535 |
| PRINCIPAL CUSTODY SOLUTIONS | CUSTODIAN | $129,753 | — | $129,753 |
| CLEARSTEAD ADVISORS, LLC | INVESTMENT ADVISORY | $53,044 | — | $53,044 |
| PRINCIPAL LIFE INSURANCE COMPANY | ACTUARY | $41,216 | — | $41,216 |
| MEADEN & MOORE LTD | ACCOUNTANT | $12,300 | — | $12,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL CUSTODY SOLUTIONS — CUSTODIAN
- MEADEN & MOORE LTD — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $384,848
- Estimated Expense Ratio: 0.499% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $427,816 | $201,579 | — | $12,300 | — |
| 2023 | $235,895 | $75,090 | $101,001 | $5,500 | — |
| 2022 | $41,272 | — | — | — | — |