Defined Benefit (Pension) · DOL Form 5500 · 2024
The Timken Company Pension Plan
Data updated 2026-08-25
- $154M
- Total assets Near avg plan size
- 967
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $159,210
- 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
$154M in assets, 967 participants
The Timken Company's The Timken-Latrobe-Mpb-Torrington Retirement Plan reported $154M in total assets and 967 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,924 in Manufacturing (17,777 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, $154M for 967 participants (~$159,210/participant), up 0.5% in 2024.
- #15,924
- in Manufacturing (17,777 peers)
- +0.5%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$153,955,960 Top 7% higher than 93% 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-Latrobe-Mpb-Torrington Retirement Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Timken-Latrobe-Mpb-Torrington Retirement Plan sits mid-pack in the medium band (967 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Timken-Latrobe-Mpb-Torrington Retirement Plan reported net income rose from -$862K in the plan year 2023 filing to $579K in the plan year 2024 filing.
- The Timken-Latrobe-Mpb-Torrington Retirement Plan reported participants fell from 1,056 in the plan year 2023 filing to 967 in the plan year 2024 filing.
- The Timken-Latrobe-Mpb-Torrington Retirement Plan end-of-year assets rose from $153M in the plan year 2023 filing to $154M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 340577130 · The Timken Company PY 2024 · Defined Benefit (Pension)
The Timken-Latrobe-Mpb-Torrington Retirement Plan · $154M · 967 · 93rd
- RANK $154M
- RANK 967
- RANK 93rd
- RANK Defined Benefit (Pension)
- RANK near Fish & Richardson Principals' Cash Balance Plan
- RANK ind #15924
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 (2024)
| Total Assets (Beginning of Year) | $153M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | $579K |
| 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.
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
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 Fish & Richardson Principals' Cash Balance Plan in MN ($154M); by covered participants it is Iron Workers Pension Plan of Western Pennsylvania in PA (968 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($154M here).
- Fish & Richardson Principals' Cash Balance Plan (MN) $154M · 128
- Brick Masons' Pension Trust Fund (CA) $154M · 655
- Pension Plan of Cravath, Swaine & Moore LLP (NY) $154M · 256
- Loyola University Employees' Retirement Plan (IL) $154M · 879
Similar participant headcount
Nearest other-state filings by covered participants (967 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.