401(k) · DOL Form 5500 · 2024
The Timken Company 401(k) Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 6,521
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $188,507
- Avg per participant Above avg balance/head
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.
- #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.
- #17,385
- in Manufacturing (17,777 peers)
- +10.4%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
The Timken Company Savings and Investment Retirement Plan's outsized position by total assets
The Timken Company Savings and Investment Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,229,256,879 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Timken Company Savings and Investment Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken Company Savings and Investment Retirement Plan lands in the large band (6,521 participants).
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.
Published 5500 schedule card
Filing strip 340577130 · The Timken Company PY 2024 · 401(k)
The Timken Company Savings and Investment Retirement Plan · $1.2B · 6,521 · 99th
- PHOTO $1.2B
- IND 6,521
- EOY 99th
- 5500 401(k)
- ASSETS near Grifols Employee Retirement Savings Plan
- PCT ind #17385
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 Company Savings and Investment Retirement Plan in the asset neighbourhood
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)
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 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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)
The Timken Company Savings and Investment Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Grifols Employee Retirement Savings Plan in CA ($1.2B); by covered participants it is Victra 401(k) Plan in NC (6,521 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (6,521 participants); asset peers above are excluded.
- Victra 401(k) Plan (NC) 6,521 · 0 off
- Nvr, Inc. Profit Sharing Plan (VA) 6,515 · 6 off
- Watsco, Inc. Profit Sharing Retirement Plan and Trust (FL) 6,527 · 6 off
- Teamsters Tforce Freight 401(k) Plan (VA) 6,513 · 8 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.