401(k) · DOL Form 5500 · 2022

Timkensteel Corporation 401(k) Plan

Data updated 2026-08-11

$121M
Total assets
1,232
Participants
94th
Percentile by assets
$98,313
Avg per participant
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Official DOL plan name: Timkensteel Corporation Voluntary Investment Pension Plan · Sponsored by Timkensteel Corporation · Ohio · Manufacturing

$121M in assets, 1,232 participants

Timkensteel Corporation's Timkensteel Corporation Voluntary Investment Pension Plan reported $121M in total assets and 1,232 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #18,598 in Manufacturing (20,602 peers)

Where Timkensteel Corporation Voluntary Investment Pension Plan sits by assets

Timkensteel Corporation Voluntary Investment Pension Plan sits in the top 10% of all filed plans by assets, $121M for 1,232 participants (~$98,313/participant), down 23.5% in 2022.

$121M
total plan assets (2022 EOY)
1,232
covered participants
94th
percentile by assets (of 139,126 plans)
$98,313
avg assets per participant

The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Timkensteel Corporation Voluntary Investment Pension Plan vs the 2022 asset distribution

By assets, Timkensteel Corporation Voluntary Investment Pension Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$158M
Net Assets (End of Year)$121M
Net Income-$38M
Employer EIN464024951
Plan Effective Date2014-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Timkensteel Corporation)

$700M$750M$800M$850M 202220232024 $810M $754M ▼ -6.9%
Total plan assets by year, all Timkensteel Corporation plans on file
Year Plans Participants Total Assets
2022 5 3,439 $810M
2023 5 2,968 $827M
2024 5 2,992 $754M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Timkensteel Corporation Voluntary Investment Pension Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Timkensteel Corporation Voluntary Investment Pension Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Timkensteel Corporat…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Timkensteel Corporation Voluntary Investment Pension Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Timkensteel Corporation Voluntary Investment Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Timkensteel Corporation Voluntary Investment Pension Plan assets move in 2022?
Timkensteel Corporation Voluntary Investment Pension Plan declined sharply - down 23.5% during 2022, from $158M to $121M. Reported net income was -$38M.
How have Timkensteel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Timkensteel Corporation's sponsor-wide assets declined 6.9%, from $810M to $754M.
Where does Timkensteel Corporation Voluntary Investment Pension Plan rank by assets among Form 5500 filers?
Timkensteel Corporation Voluntary Investment Pension Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Timkensteel Corporation Voluntary Investment Pension Plan?
Among 401(k) plans in other states, the closest by assets is Ampacet Corporation 401(k) Profit Sharing Plan in NY ($121M, 523 participants).

Next read for Timkensteel Corporation Voluntary Invest…

Scale reading

Ways to act on Timkensteel Corporation Voluntary Investment Pension Plan's numbers.

  • By total assets, Timkensteel Corporation Voluntary Investment Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Timkensteel Corporation's sponsor-wide assets have declined 6.9% since 2022 across 3 plan years on file. More Manufacturing plans