Defined Benefit (Pension) · DOL Form 5500 · 2022

Timkensteel Corporation Pension Plan

Data updated 2026-08-25

$354M
Total assets Above avg plan size
1,384
Participants Near avg headcount
97th
Percentile by assets National rank
$255,642
Avg per participant Above avg balance/head
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Official DOL plan name: Timkensteel Corporation Bargaining Unit Pension Plan · Sponsored by Timkensteel Corporation · Ohio · Manufacturing

$354M in assets, 1,384 participants

Timkensteel Corporation's Timkensteel Corporation Bargaining Unit Pension Plan reported $354M in total assets and 1,384 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,650 in Manufacturing (20,602 peers)

Where Timkensteel Corporation Bargaining Unit Pension Plan sits by assets

Timkensteel Corporation Bargaining Unit Pension Plan sits in the top 5% of all filed plans by assets, $354M for 1,384 participants (~$255,642/participant), down 59.0% in 2022.

#19,650
in Manufacturing (20,602 peers)
-59.0%
assets change YoY
3.5×
vs typical plan assets (national mean)

The plan reported a net loss of $508M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Timkensteel Corporation Bargaining Unit Pension Plan's outsized position by total assets

Timkensteel Corporation Bargaining Unit Pension Plan vs every filed plan by assets

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

$353,808,296 Top 3% higher than 97% 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

Timkensteel Corporation Bargaining Unit Pension 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. Timkensteel Corporation Bargaining Unit Pension Plan lands in the large band (1,384 participants).

Published 5500 schedule card

Filing strip 464024951 · Timkensteel Corporation PY 2022 · Defined Benefit (Pension)

Timkensteel Corporation Bargaining Unit Pension Plan · $354M · 1,384 · 97th

  • SCH $354M
  • EBSA 1,384
  • PART 97th
  • TYPE Defined Benefit (Pension)
  • NET near New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees
  • BOOK ind #19650

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 →

Timkensteel Corporation Bargaining Unit Pension Plan in the asset neighbourhood

Timkensteel Corporation Bargaining Unit Pension PlanTimkensteel Corporation Barg…$354MNew Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit EmployeesNew Century Energies Inc Ret…$353MEssential Utilities, Inc. Pension PlanEssential Utilities, Inc. Pe…$353MLexmark Retirement Growth Account PlanLexmark Retirement Growth Ac…$352MThe Hospital for Special Surgery Retirement PlanThe Hospital for Special Sur…$352M
End-of-year total assets ($M) among Timkensteel Corporation Bargaining Unit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$863M
Net Assets (End of Year)$353M
Net Income-$508M
Employer EIN464024951
Plan Effective Date2014-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Timkensteel Corporation)

Sponsor-wide plan assets over time

All Timkensteel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$754M 6.941473831920801% vs 2022
2024 filing year
$700M$750M$800M$850M 202220232024 $810M $754M ▼ -6.9%
Year Plans Participants Total Assets
2022 5 3,439 $810M
2023 5 2,968 $827M
2024 5 2,992 $754M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Timkensteel Corporation Bargaining Unit Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -202468 Total assets ($B) Participants Timkensteel Corporation Bargaining Unit Pension Plan, Total assets ($B): 0.353808296 · Participants: 1384Timkensteel Corporation Bargaining Unit 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
Timkensteel Corporation Bargaining Unit Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Timkensteel Corporation Bargaining Unit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees in MN ($353M); by covered participants it is Employee Retirement Plan of S&p Global Inc and Its Subsidiaries in NY (1,385 participants). Same-state nearby plans are listed separately above.

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 Timkensteel Corporation Bargaining Unit Pension Plan assets move in 2022? ▼
Timkensteel Corporation Bargaining Unit Pension Plan contracted severely - down 59.0% during 2022, from $863M to $354M. Reported net income was -$508M.
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 Bargaining Unit Pension Plan rank by assets among Form 5500 filers? ▼
Timkensteel Corporation Bargaining Unit Pension Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Timkensteel Corporation Bargaining Unit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is New Century Energies Inc Retirement Plan for Southwestern Public Service Co Bargaining Unit Ees and Former Non-Bargaining Unit Employees in MN ($353M, 851 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Timkensteel Corporation Bargaining Unit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employee Retirement Plan of S&p Global Inc and Its Subsidiaries in NY (1,385 participants, $1.2B in assets).