Defined Benefit (Pension) · DOL Form 5500 · 2024

The Timken Company Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
83
Participants Small participant base
79th
Percentile by assets National rank
$392,946
Avg per participant High balance/head
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Official DOL plan name: The Timken Company Pension Plan · Sponsored by The Timken Company · Ohio · Manufacturing

$33M in assets, 83 participants

The Timken Company's The Timken Company Pension Plan reported $33M in total assets and 83 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,514 in Manufacturing (17,777 peers)

Where The Timken Company Pension Plan sits by assets

The Timken Company Pension Plan sits in the top quartile of all filed plans by assets, $33M for 83 participants (~$392,946/participant), down 4.4% in 2024.

#12,514
in Manufacturing (17,777 peers)
-4.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Timken Company Pension Plan's outsized position by total assets

The Timken Company Pension Plan vs every filed plan by assets

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

$32,614,544 Top 21% higher than 79% 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 Company 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 Company Pension Plan is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Timken Company Pension Plan reported net income rose from -$2M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • The Timken Company Pension Plan reported participants fell from 88 in the plan year 2023 filing to 83 in the plan year 2024 filing.
  • The Timken Company Pension Plan end-of-year assets fell from $34M in the plan year 2023 filing to $33M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 340577130 · The Timken Company PY 2024 · Defined Benefit (Pension)

The Timken Company Pension Plan · $33M · 83 · 79th

  • PART $33M
  • PART 83
  • PART 79th
  • PART Defined Benefit (Pension)
  • PART near Community Credit Union of Florida Defined Benefit Plan and Trust
  • PART ind #12514

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 Pension Plan in the asset neighbourhood

American Lung Association Retirement Plan DAmerican Lung Association Re…$33MThe Timken Company Pension PlanThe Timken Company Pension P…$33MCommunity Credit Union of Florida Defined Benefit Plan and TrustCommunity Credit Union of Fl…$33MHawaii Insulators Supplemental Pension PlanHawaii Insulators Supplement…$33MAs America Brands, Inc. Pension PlanAs America Brands, Inc. Pens…$33M
End-of-year total assets ($M) among The Timken Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$33M
Net Income-$2M
Employer EIN340577130
Plan Effective Date1950-01-01
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
$1.4B 18.55499929524902% vs 2022
2024 filing year
$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.21B $1.44B ▲ +19.0%
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.

The Timken Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants The Timken Company Pension Plan, Total assets ($B): 0.032614544 · Participants: 83The Timken Company 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 Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare The Timken Company Pension Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Community Credit Union of Florida Defined Benefit Plan and Trust in FL ($33M); by covered participants it is Amplify Credit Union in TX (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 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 Company Pension Plan assets move in 2024? ▼
The Timken Company Pension Plan edged down modestly - down 4.4% during 2024, from $34M to $33M. Reported net income was -$2M.
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 18.6%, from $1.2B to $1.4B.
Where does The Timken Company Pension Plan rank by assets among Form 5500 filers? ▼
The Timken Company Pension Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Timken Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Community Credit Union of Florida Defined Benefit Plan and Trust in FL ($33M, 129 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Timken Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Amplify Credit Union in TX (83 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 340577130.

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.