Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

The Timken-Latrobe-Mpb-Torrington Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by The Timken Company Β· Ohio Β· Manufacturing

What the 2023 filing shows

The Timken-Latrobe-Mpb-Torrington Retirement Plan holds $153M for 1,056 participants - about $145,137 per participant, down 0.6% over the 2023 plan year.

$153M
total plan assets (2023 EOY)
1,056
covered participants
$145,137
avg assets per participant
-0.6%
assets change YoY

The plan reported a net loss of $862K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$153M
Participants
1,056
State
Industry
Manufacturing

What the Filing Says About The Timken-Latrobe-Mpb-Torrington Retirement Plan

The Timken-Latrobe-Mpb-Torrington Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by The Timken Company, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $153M in total end-of-year assets and covers 1,056 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 340577130, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $154M at the beginning of 2023 to $153M at year-end β€” a decline of 0.6%. Net assets (after liabilities) closed the year at $153M, with reported net income of $-861,700 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 β€” 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)$154M
Total Assets (End of Year)$153M
Net Assets (End of Year)$153M
Net Income$-861,700
Plan TypeDefined Benefit (Pension)
Employer EIN340577130
Plan Effective Date1992-01-01
Filing StatusFILING 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 β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the The Timken-Latrobe-Mpb-Torrington Retirement Plan?
As of the 2023 Form 5500 filing, The Timken-Latrobe-Mpb-Torrington Retirement Plan holds $153M in total assets with 1,056 participants. It is sponsored by The Timken Company.
What type of plan is The Timken-Latrobe-Mpb-Torrington Retirement Plan?
The Timken-Latrobe-Mpb-Torrington Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 340577130.
Who sponsors the The Timken-Latrobe-Mpb-Torrington Retirement Plan?
The Timken-Latrobe-Mpb-Torrington Retirement Plan is sponsored by The Timken Company, located in Ohio. The sponsor's EIN is 340577130 and the plan operates in the Manufacturing industry.
How did The Timken-Latrobe-Mpb-Torrington Retirement Plan perform in 2023?
The Timken-Latrobe-Mpb-Torrington Retirement Plan declined by 0.6% during 2023, moving from $154M to $153M in total assets. Net income was $-861,700.
Where can I find official filings for The Timken-Latrobe-Mpb-Torrington Retirement Plan?
Official Form 5500 filings for The Timken-Latrobe-Mpb-Torrington Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340577130 or plan name at efast.dol.gov.
How does The Timken-Latrobe-Mpb-Torrington Retirement Plan compare to other plans?
You can compare The Timken-Latrobe-Mpb-Torrington Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 340577130.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.