401(k) · DOL Form 5500 · 2022
The Timken Company 401(k) Plan
Data updated 2026-08-25
- $998M
- Total assets Very large vs avg
- 5,980
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $166,880
- Avg per participant Above avg balance/head
Official DOL plan name: The Timken Company Savings and Investment Retirement Plan · Sponsored by The Timken Company · Ohio · Manufacturing
$998M in assets, 5,980 participants
The Timken Company's The Timken Company Savings and Investment Retirement Plan reported $998M in total assets and 5,980 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #20,195 in Manufacturing (20,602 peers)
Coverage in Ohio
The Timken Company Savings and Investment Retirement Plan covers 5,980 participants in Ohio, 7.8x the typical Ohio plan (state average ~765 per filing). Assets: $998M.
- #20,195
- in Manufacturing (20,602 peers)
- -20.9%
- assets change YoY
- 10×
- vs typical plan assets (national mean)
The plan reported a net loss of $254M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Timken Company Savings and Investment Retirement Plan's outsized position by total assets
The Timken Company Savings and Investment Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$997,940,241 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Timken Company Savings and Investment Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken Company Savings and Investment Retirement Plan lands in the large band (5,980 participants).
Plan-year Form 5500 strip
Filing strip 340577130 · The Timken Company PY 2022 · 401(k)
The Timken Company Savings and Investment Retirement Plan · $998M · 5,980 · 99th
- PHOTO $998M
- IND 5,980
- EOY 99th
- 5500 401(k)
- ASSETS near Lockton, Inc. 401(k) Plan
- PCT ind #20195
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 Manufacturing retirement plans → · Plans in Ohio →
The Timken Company Savings and Investment Retirement Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $998M |
| Net Income | -$254M |
| Employer EIN | 340577130 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Timken Company)
Sponsor-wide plan assets over time
All The Timken Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.4B 18.55499929524902% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 7,634 | $1.2B |
| 2023 | 4 | 7,369 | $1.3B |
| 2024 | 4 | 7,640 | $1.4B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Scale composition for The Timken Company Savings and Investment Retirement Plan
The Timken Company Savings and Investment Retirement Plan reports $998M in end-of-year assets across 5,980 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $166,880 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2022 was -$254M.
This plan identity (EIN 340577130, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $998M to $1.2B (+23.2%) while covered participants moved from 5,980 to 6,521 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,980 | $998M | This page |
| 2023 | 6,144 | $1.1B | Open filing |
| 2024 · index core | 6,521 | $1.2B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Timken Company Savings and Investment Retirement Plan (401(k), $1.2B, 6,521 participants)
- The Timken-Latrobe-Mpb-Torrington Retirement Plan (Defined Benefit (Pension), $154M, 967 participants)
The Timken Company Savings and Investment Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Lockton, Inc. 401(k) Plan in MO ($998M); by covered participants it is Asml US Employees' Savings and Retirement Plan in AZ (5,982 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($998M here).
- Lockton, Inc. 401(k) Plan (MO) $998M · 5,624
- Hubbell Incorporated Employee Savings & Investment Plan (CT) $998M · 7,315
- Renesas Electronics America Inc. 401(k) Plan (CA) $995M · 1,712
- Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan (MN) $995M · 5,476
Similar participant headcount
Nearest other-state filings by covered participants (5,980 participants); asset peers above are excluded.
- Asml US Employees' Savings and Retirement Plan (AZ) 5,982 · 2 off
- Western Express, Inc. 401(k) Plan (TN) 5,976 · 4 off
- Saint-Gobain Corporation 401(k) Plan for Salaried Employees (PA) 5,974 · 6 off
- Novolex Holdings, LLC 401(k) Plan (SC) 5,988 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.