401(k) · DOL Form 5500 · 2024
The Timken Company 401(k) Plan
Data updated 2026-08-11
- $1.2B
- Total assets
- 6,521
- Participants
- 99th
- Percentile by assets
- $188,507
- Avg per participant
Official DOL plan name: The Timken Company Savings and Investment Retirement Plan · Sponsored by The Timken Company · Ohio · Manufacturing
$1.2B in assets, 6,521 participants
The Timken Company's The Timken Company Savings and Investment Retirement Plan reported $1.2B in total assets and 6,521 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 123,622 plans)
- #17,385 in Manufacturing (17,777 peers)
Coverage in Ohio
The Timken Company Savings and Investment Retirement Plan covers 6,521 participants in Ohio, 8.5x the typical Ohio plan (state average ~765 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 6,521
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $188,507
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Timken Company Savings and Investment Retirement Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
- The Timken Company Savings and Investment Retirement Plan reported participants rose from 6,144 in the plan year 2023 filing to 6,521 in the plan year 2024 filing.
- The Timken Company Savings and Investment Retirement Plan reported net income rose from $115M in the plan year 2023 filing to $116M in the plan year 2024 filing.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Timken Company Savings and Investment Retirement Plan reports 6,521 participants - 8.5x that state average ($1.2B EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $116M |
| Employer EIN | 340577130 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING 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 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Timken Company Savings and Investment Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Scale composition for The Timken Company Savings and Investment Retirement Plan
The Timken Company Savings and Investment Retirement Plan reports $1.2B in end-of-year assets across 6,521 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $188,507 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $116M.
This plan identity (EIN 340577130, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $998M to $1.2B (+23.2%) while covered participants moved from 5,980 to 6,521 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,980 | $998M | Open filing |
| 2023 | 6,144 | $1.1B | Open filing |
| 2024 · index core | 6,521 | $1.2B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Timken-Latrobe-Mpb-Torrington Retirement Plan (Defined Benefit (Pension), $154M, 967 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Timken Company Savings and Investment Retirement Plan by total assets, not by location.
- Grifols Employee Retirement Savings Plan (CA) $1.2B · 14,066
- Mayer Brown LLP USA Savings Plan (IL) $1.2B · 2,154
- Coadvantage Corporation Retirement Savings Plan (FL) $1.2B · 75,664
- Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan (KS) $1.2B · 7,736
Frequently Asked Questions
How did The Timken Company Savings and Investment Retirement Plan assets move in 2024? ▼
How have The Timken Company plan assets changed over time? ▼
Where does The Timken Company Savings and Investment Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Timken Company Savings and Investment Retirement Plan? ▼
Next read for The Timken Company Savings and Investmen…
Filing takeaways
Ways to act on The Timken Company Savings and Investment Retirement Plan's numbers.
- By total assets, The Timken Company Savings and Investment Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- The Timken Company's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Manufacturing plans