401(k) · DOL Form 5500 · 2022
The Timken Company 401(k) Plan
Data updated 2026-08-11
- $998M
- Total assets
- 5,980
- Participants
- 99th
- Percentile by assets
- $166,880
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $998M
- total plan assets (2022 EOY)
- 5,980
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $166,880
- avg assets per participant
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.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Timken Company Savings and Investment Retirement Plan reports 5,980 participants - 7.8x that state average ($998M EOY assets).
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)
| 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 Timken Company Savings and Investment Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Timken Company Savings and Investment Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did The Timken Company Savings and Investment Retirement Plan assets move in 2022? ▼
How have The Timken Company plan assets changed over time? ▼
Where does The Timken Company Savings and Investment Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Timken Company Savings and Investment Retirement Plan? ▼
Next read for The Timken Company Savings and Investmen…
Filing takeaways
Ways to act on The Timken Company Savings and Investment Retirement Plan's numbers.
- By total assets, The Timken Company Savings and Investment Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- The Timken Company's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Manufacturing plans