Defined Benefit (Pension) · DOL Form 5500 · 2024

The Timken Company Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
98
Participants Small participant base
63rd
Percentile by assets National rank
$145,934
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Timken Belts Pension Plan · Sponsored by The Timken Company · Ohio · Manufacturing

$14M in assets, 98 participants

The Timken Company's The Timken Belts Pension Plan reported $14M in total assets and 98 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #9,091 in Manufacturing (17,777 peers)

What the 2024 filing shows

The Timken Belts Pension Plan holds $14M for 98 participants - about $145,934 per participant, above the median plan by assets.

#9,091
in Manufacturing (17,777 peers)
+3.4%
assets growth YoY

The Timken Belts Pension Plan's mid-pack asset rank among Manufacturing and all filers

The Timken Belts Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,301,491 Top 37% higher than 63% of 123,620 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 2024

The Timken Belts Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken Belts Pension Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Timken Belts Pension Plan reported net income fell from $765K in the plan year 2023 filing to $455K in the plan year 2024 filing.
  • The Timken Belts Pension Plan reported participants fell from 110 in the plan year 2023 filing to 98 in the plan year 2024 filing.
  • The Timken Belts Pension Plan end-of-year assets rose from $14M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 320422708 · The Timken Company PY 2024 · Defined Benefit (Pension)

The Timken Belts Pension Plan · $14M · 98 · 63rd

  • BOY $14M
  • SCH 98
  • EBSA 63rd
  • PART Defined Benefit (Pension)
  • TYPE near Oncology Associates of Oregon, P. C. Cash Balance Plan
  • NET ind #9091

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 Belts Pension Plan in the asset neighbourhood

Washington Athletic Club Employees Retirement PlanWashington Athletic Club Emp…$14MThe Timken Belts Pension Plan$14MOncology Associates of Oregon, P. C. Cash Balance PlanOncology Associates of Orego…$14MClearon Corporation Employees' Pension PlanClearon Corporation Employee…$14MNippon Dynawave Packaging Company Pension Plan for Hourly EmployeesNippon Dynawave Packaging Co…$14M
End-of-year total assets ($M) among The Timken Belts Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income$455K
Employer EIN320422708
Plan Effective Date2014-01-01
Filing StatusFILING 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
$28M 7.437115356893143% vs 2022
2024 filing year
$25M$26M$27M$28M 202220232024 $25.7M $27.6M ▲ +7.4%
Year Plans Participants Total Assets
2022 2 429 $26M
2023 2 421 $28M
2024 2 383 $28M

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Timken Belts Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants The Timken Belts Pension Plan, Total assets ($B): 0.014301491 · Participants: 98The Timken Belts Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
The Timken Belts Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Timken Belts Pension Plan side-by-side with 3 peers →

The Timken Belts Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Oncology Associates of Oregon, P. C. Cash Balance Plan in OR ($14M); by covered participants it is Sanford Health Employees' Pension Plan in SD (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Timken Belts Pension Plan assets move in 2024? ▼
The Timken Belts Pension Plan edged up modestly - up 3.4% during 2024, from $14M to $14M. Reported net income was $455K.
How have The Timken Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Timken Company's sponsor-wide assets grew 7.4%, from $26M to $28M.
Which Defined Benefit (Pension) plans are similar in size to The Timken Belts Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oncology Associates of Oregon, P. C. Cash Balance Plan in OR ($14M, 148 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Timken Belts Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sanford Health Employees' Pension Plan in SD (98 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 320422708.

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.