Defined Benefit (Pension) · DOL Form 5500 · 2022
The Timken Company Pension Plan
Data updated 2026-08-11
- $154M
- Total assets
- 1,364
- Participants
- 95th
- Percentile by assets
- $113,088
- Avg per participant
Official DOL plan name: The Timken-Latrobe-Mpb-Torrington Retirement Plan · Sponsored by The Timken Company · Ohio · Manufacturing
$154M in assets, 1,364 participants
The Timken Company's The Timken-Latrobe-Mpb-Torrington Retirement Plan reported $154M in total assets and 1,364 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #18,905 in Manufacturing (20,602 peers)
Where The Timken-Latrobe-Mpb-Torrington Retirement Plan sits by assets
The Timken-Latrobe-Mpb-Torrington Retirement Plan sits in the top 5% of all filed plans by assets, $154M for 1,364 participants (~$113,088/participant), down 57.1% in 2022.
- $154M
- total plan assets (2022 EOY)
- 1,364
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $113,088
- avg assets per participant
The plan reported a net loss of $205M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where The Timken-Latrobe-Mpb-Torrington Retirement Plan sits by total assets
The Timken-Latrobe-Mpb-Torrington Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$154,251,489 Top 5% higher than 95% 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-Latrobe-Mpb-Torrington Retirement Plan vs the 2022 asset distribution
By assets, The Timken-Latrobe-Mpb-Torrington Retirement Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $359M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | -$205M |
| Employer EIN | 340577130 |
| Plan Effective Date | 1992-01-01 |
| 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 Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Timken-Latrobe-Mpb-Torrington Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.6B · 12,346
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Timken-Latrobe-Mpb-Torrington Retirement Plan by total assets, not by location.
- Allete and Affiliated Companies Retirement Plan B (MN) $154M · 338
- National Gypsum General Pension Plan (NC) $154M · 593
- Loyola University Employees' Retirement Plan (IL) $154M · 1,099
- John Maneely Company Pension Plan (IL) $154M · 327
Frequently Asked Questions
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How have The Timken Company plan assets changed over time? ▼
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Ways to act on The Timken-Latrobe-Mpb-Torrington Retirement Plan's numbers.
- By total assets, The Timken-Latrobe-Mpb-Torrington Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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