Defined Benefit (Pension) · DOL Form 5500 · 2023

Timkensteel Corporation Pension Plan

Data updated 2026-08-25

$130M
Total assets Near avg plan size
138
Participants Small participant base
93rd
Percentile by assets National rank
$938,649
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Timkensteel Corporation Retirement Plan · Sponsored by Timkensteel Corporation · Ohio · Manufacturing

$130M in assets, 138 participants

Timkensteel Corporation's Timkensteel Corporation Retirement Plan reported $130M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,664 in Manufacturing (18,722 peers)

Coverage in Ohio

Timkensteel Corporation Retirement Plan covers 138 participants in Ohio, about 18% of the average Ohio filer (state average ~765 per filing). Assets: $130M.

#16,664
in Manufacturing (18,722 peers)
-5.9%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Timkensteel Corporation Retirement Plan's outsized position by total assets

Timkensteel Corporation Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$129,533,544 Top 7% higher than 93% of 127,068 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 2023

Timkensteel Corporation Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Timkensteel Corporation Retirement Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Timkensteel Corporation Retirement Plan reported net income rose from -$68M in the plan year 2022 filing to -$8M in the plan year 2023 filing.
  • Timkensteel Corporation Retirement Plan reported participants fell from 171 in the plan year 2022 filing to 138 in the plan year 2023 filing.
  • Timkensteel Corporation Retirement Plan end-of-year assets fell from $138M in the plan year 2022 filing to $130M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 464024951 · Timkensteel Corporation PY 2023 · Defined Benefit (Pension)

Timkensteel Corporation Retirement Plan · $130M · 138 · 93rd

  • ASSETS $130M
  • PCT 138
  • EIN 93rd
  • RANK Defined Benefit (Pension)
  • PHOTO near Retirement Income Plan for Employees of Edison Electric Institute
  • IND ind #16664

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 Retirement Plan in the asset neighbourhood

Basic Pension Plan for Employees of Jewish Federation Council of Greater Los AngelesBasic Pension Plan for Emplo…$130MRetirement Income Plan for Employees of Edison Electric InstituteRetirement Income Plan for E…$130MTimkensteel Corporation Retirement PlanTimkensteel Corporation Reti…$130MVopak North America Inc. Retirement PlanVopak North America Inc. Ret…$129MIronworkers Local #16 Pension PlanIronworkers Local #16 Pensio…$129M
End-of-year total assets ($M) among Timkensteel Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$129M
Net Income-$8M
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 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Timkensteel Corporation Retirement Plan, Total assets ($B): 0.129533544 · Participants: 138Timkensteel Corporation Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
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 →

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Retirement Income Plan for Employees of Edison Electric Institute in DC ($130M); by covered participants it is First Merchants Corporation Retirement Pension Plan in IN (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Timkensteel Corporation Retirement Plan assets move in 2023? ▼
Timkensteel Corporation Retirement Plan pulled back noticeably - down 5.9% during 2023, from $138M to $130M. Reported net income was -$8M.
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 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Retirement Income Plan for Employees of Edison Electric Institute in DC ($130M, 52 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Timkensteel Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is First Merchants Corporation Retirement Pension Plan in IN (138 participants, $82M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.