Defined Benefit (Pension) · DOL Form 5500 · 2022

The Timken Company Pension Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
112
Participants Small participant base
85th
Percentile by assets National rank
$321,997
Avg per participant High balance/head
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Official DOL plan name: The Timken Company Pension Plan · Sponsored by The Timken Company · Ohio · Manufacturing

$36M in assets, 112 participants

The Timken Company's The Timken Company Pension Plan reported $36M in total assets and 112 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,140 in Manufacturing (20,602 peers)

Coverage in Ohio

The Timken Company Pension Plan covers 112 participants in Ohio, about 15% of the average Ohio filer (state average ~765 per filing). Assets: $36M.

#16,140
in Manufacturing (20,602 peers)
-38.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Timken Company Pension Plan's outsized position by total assets

The Timken Company Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$36,063,700 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken Company Pension Plan sits mid-pack in the medium band (112 participants).

Form 5500 schedule snapshot

Filing strip 340577130 · The Timken Company PY 2022 · Defined Benefit (Pension)

The Timken Company Pension Plan · $36M · 112 · 85th

  • TYPE $36M
  • TYPE 112
  • TYPE 85th
  • TYPE Defined Benefit (Pension)
  • TYPE near Alliance Laundry Systems Pension Plan
  • TYPE ind #16140

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 Pension Plan in the asset neighbourhood

Cash Balance Retirement Plan for Registered Nurses of Butler Memorial HospitalCash Balance Retirement Plan…$36MNorcal Mutual Insurance Company Pension PlanNorcal Mutual Insurance Comp…$36MPitcairn Retirement Plan$36MThe Timken Company Pension PlanThe Timken Company Pension P…$36MAlliance Laundry Systems Pension PlanAlliance Laundry Systems Pen…$36M
End-of-year total assets ($M) among The Timken Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$36M
Net Income-$23M
Employer EIN340577130
Plan Effective Date1950-01-01
Filing StatusFILING 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
$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.21B $1.44B ▲ +19.0%
Year Plans Participants Total Assets
2022 5 7,634 $1.2B
2023 4 7,369 $1.3B
2024 4 7,640 $1.4B

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Timken Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants The Timken Company Pension Plan, Total assets ($B): 0.0360637 · Participants: 112The Timken Company Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
The Timken Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Timken Company Pension Plan side-by-side with 3 peers →

The Timken Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Alliance Laundry Systems Pension Plan in WI ($36M); by covered participants it is Cancer Partners of Nebraska Cash Balance Plan in NE (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Timken Company Pension Plan assets move in 2022? ▼
The Timken Company Pension Plan contracted severely - down 38.5% during 2022, from $59M to $36M. Reported net income was -$23M.
How have The Timken Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Timken Company's sponsor-wide assets grew 18.6%, from $1.2B to $1.4B.
Where does The Timken Company Pension Plan rank by assets among Form 5500 filers? ▼
The Timken Company Pension Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Timken Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alliance Laundry Systems Pension Plan in WI ($36M, 308 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Timken Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cancer Partners of Nebraska Cash Balance Plan in NE (112 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340577130.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.