Defined Benefit (Pension) · DOL Form 5500 · 2023
The Timken Company Pension Plan
Data updated 2026-08-25
- $153M
- Total assets Near avg plan size
- 1,056
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $145,137
- Avg per participant Above avg balance/head
Official DOL plan name: The Timken-Latrobe-Mpb-Torrington Retirement Plan · Sponsored by The Timken Company · Ohio · Manufacturing
$153M in assets, 1,056 participants
The Timken Company's The Timken-Latrobe-Mpb-Torrington Retirement Plan reported $153M in total assets and 1,056 participants in its 2023 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.
- #16,892 in Manufacturing (18,722 peers)
Where The Timken-Latrobe-Mpb-Torrington Retirement Plan sits by assets
The Timken-Latrobe-Mpb-Torrington Retirement Plan sits in the top 10% of all filed plans by assets, $153M for 1,056 participants (~$145,137/participant), down 0.6% in 2023.
- #16,892
- in Manufacturing (18,722 peers)
- -0.6%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $862K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Timken-Latrobe-Mpb-Torrington Retirement Plan's outsized position by total assets
The Timken-Latrobe-Mpb-Torrington Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$153,264,503 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Timken-Latrobe-Mpb-Torrington Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken-Latrobe-Mpb-Torrington Retirement Plan lands in the large band (1,056 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Timken-Latrobe-Mpb-Torrington Retirement Plan reported net income rose from -$205M in the plan year 2022 filing to -$862K in the plan year 2023 filing.
- The Timken-Latrobe-Mpb-Torrington Retirement Plan reported participants fell from 1,364 in the plan year 2022 filing to 1,056 in the plan year 2023 filing.
- The Timken-Latrobe-Mpb-Torrington Retirement Plan end-of-year assets fell from $154M in the plan year 2022 filing to $153M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 340577130 · The Timken Company PY 2023 · Defined Benefit (Pension)
The Timken-Latrobe-Mpb-Torrington Retirement Plan · $153M · 1,056 · 94th
- 5500 $153M
- 5500 1,056
- 5500 94th
- 5500 Defined Benefit (Pension)
- 5500 near The Restated Noncontributory Retirement Plan for Cooperatives
- 5500 ind #16892
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 →
The Timken-Latrobe-Mpb-Torrington Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $154M |
|---|---|
| Net Assets (End of Year) | $153M |
| Net Income | -$862K |
| Employer EIN | 340577130 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Timken Company)
Sponsor-wide plan assets over time
All The Timken Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.4B 18.55499929524902% vs 2022
- 2024 filing year
| 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, 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
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
The Timken-Latrobe-Mpb-Torrington Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is The Restated Noncontributory Retirement Plan for Cooperatives in IA ($153M); by covered participants it is Nyu Langone Hospital-Brooklyn Uft Retirement Plan in NY (1,057 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($153M here).
- The Restated Noncontributory Retirement Plan for Cooperatives (IA) $153M · 283
- Danfoss Power Solutions Employees' Retirement Plan (IA) $153M · 1,107
- Qbe Pension Equity Plan (WI) $153M · 190
- Acushnet Company Pension Plan (MA) $153M · 1,373
Similar participant headcount
Nearest other-state filings by covered participants (1,056 participants); asset peers above are excluded.
- Nyu Langone Hospital-Brooklyn Uft Retirement Plan (NY) 1,057 · 1 off
- Wisconsin Masons Pension Fund (WI) 1,057 · 1 off
- Pipe Trades District Council No 36 Pension Trust (CA) 1,061 · 5 off
- Transcanada USA Services Inc. Retirement Plan (TX) 1,051 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.