Defined Benefit (Pension) · DOL Form 5500 · 2022

Timkensteel Corporation Pension Plan

Data updated 2026-08-11

$138M
Total assets
171
Participants
94th
Percentile by assets
$805,205
Avg per participant
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Official DOL plan name: Timkensteel Corporation Retirement Plan · Sponsored by Timkensteel Corporation · Ohio · Manufacturing

$138M in assets, 171 participants

Timkensteel Corporation's Timkensteel Corporation Retirement Plan reported $138M in total assets and 171 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)
  • #18,773 in Manufacturing (20,602 peers)

Coverage in Ohio

Timkensteel Corporation Retirement Plan covers 171 participants in Ohio, about 22% of the average Ohio filer (state average ~765 per filing). Assets: $138M.

$138M
total plan assets (2022 EOY)
171
covered participants
94th
percentile by assets (of 139,126 plans)
$805,205
avg assets per participant

The plan reported a net loss of $68M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Timkensteel Corporation Retirement Plan sits by total assets

Timkensteel Corporation Retirement Plan vs every filed plan by assets

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

$137,690,018 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Ohio
Industry
Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Timkensteel Corporation Retirement Plan reports 171 participants - about 22% of that state average ($138M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$206M
Net Assets (End of Year)$138M
Net Income-$68M
Employer EIN464024951
Plan Effective Date2014-05-01
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 Defined Benefit (Pension) Plans in Ohio

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

Timkensteel Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Timkensteel Corporat…, Total assets ($B): 0.137690018 · Participants: 171Timkensteel Corporat…Firstenergy Corp. Ma…, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Ma…Nationwide Retiremen…, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retiremen…American Electric Po…, Total assets ($B): 4.498685298 · Participants: 15837American Electric Po…Ohio Operating Engin…, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engin…Laborers District Co…, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Co…
Timkensteel Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Timkensteel Corporation Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Timkensteel Corporation Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Timkensteel Corporation Retirement Plan assets move in 2022? ▼
Timkensteel Corporation Retirement Plan contracted severely - down 33.0% during 2022, from $206M to $138M. Reported net income was -$68M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Timkensteel Corporation Retirement 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 Defined Benefit (Pension) plans are similar in size to Timkensteel Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Fish & Richardson Principals' Cash Balance Plan in MN ($138M, 126 participants).

Next read for Timkensteel Corporation Retirement Plan

Filing takeaways

Ways to act on Timkensteel Corporation Retirement Plan's numbers.

  • By total assets, Timkensteel Corporation Retirement Plan ranks in the top 10% 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
  • Timkensteel Corporation's sponsor-wide assets have declined 6.9% since 2022 across 3 plan years on file. More Manufacturing plans

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 464024951.

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.