Timkensteel Corporation Retirement Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Timkensteel Corporation · Ohio · Manufacturing
What the 2023 filing shows
Timkensteel Corporation Retirement Plan holds $138M for 171 participants — about $805,205 per participant, down 33.0% over the 2022 plan year.
- $138M
- total plan assets (2022 EOY)
- 171
- covered participants
- $805,205
- avg assets per participant
- -33.0%
- assets change YoY
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.
What the Filing Says About Timkensteel Corporation Retirement Plan
Timkensteel Corporation Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Timkensteel Corporation, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $138M in total end-of-year assets and covers 171 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 464024951, and the plan has been effective since 2014-05-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $206M at the beginning of 2022 to $138M at year-end — a decline of 33.0%. Net assets (after liabilities) closed the year at $138M, with reported net income of $-67,755,127 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $206M |
| Total Assets (End of Year) | $138M |
| Net Assets (End of Year) | $138M |
| Net Income | $-67,755,127 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 464024951 |
| Plan Effective Date | 2014-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Timkensteel Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 3,439 | $809M |
| 2023 | 5 | 2,968 | $825M |
| 2024 | 5 | 2,992 | $752M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Pension Plan for Eaton Corporation Employees $2.6B · 8,916
Related Data
Guides
Frequently Asked Questions
How much money is in the Timkensteel Corporation Retirement Plan? ▼
What type of plan is Timkensteel Corporation Retirement Plan? ▼
Who sponsors the Timkensteel Corporation Retirement Plan? ▼
How did Timkensteel Corporation Retirement Plan perform in 2022? ▼
Where can I find official filings for Timkensteel Corporation Retirement Plan? ▼
How does Timkensteel Corporation Retirement Plan compare to other plans? ▼
Explore PlainRetire
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.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.