Defined Benefit (Pension) · DOL Form 5500 · 2024

Timkensteel Corporation Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
119
Participants Small participant base
43rd
Percentile by assets National rank
$44,995
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Timkensteel Corporation Retirement Plan · Sponsored by Timkensteel Corporation · Ohio · Manufacturing

$5M in assets, 119 participants

Timkensteel Corporation's Timkensteel Corporation Retirement Plan reported $5M in total assets and 119 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,671 in Manufacturing (17,777 peers)

Coverage in Ohio

Timkensteel Corporation Retirement Plan covers 119 participants in Ohio, about 16% of the average Ohio filer (state average ~765 per filing). Assets: $5M.

#4,671
in Manufacturing (17,777 peers)
-95.9%
assets change YoY

The plan reported a net loss of $124M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Timkensteel Corporation Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Timkensteel Corporation Retirement Plan vs every filed plan by assets

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

$5,354,438 43rd percentile higher than 43% 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

Timkensteel Corporation 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. Timkensteel Corporation Retirement Plan sits mid-pack in the medium band (119 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Timkensteel Corporation Retirement Plan reported net income fell from -$8M in the plan year 2023 filing to -$124M in the plan year 2024 filing.
  • Timkensteel Corporation Retirement Plan end-of-year assets fell from $130M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Timkensteel Corporation Retirement Plan reported participants fell from 138 in the plan year 2023 filing to 119 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 464024951 · Timkensteel Corporation PY 2024 · Defined Benefit (Pension)

Timkensteel Corporation Retirement Plan · $5M · 119 · 43rd

  • RANK $5M
  • PHOTO 119
  • IND 43rd
  • EOY Defined Benefit (Pension)
  • 5500 near Retirement Plan for Puerto Rico Employees
  • ASSETS ind #4671

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 →

Timkensteel Corporation Retirement Plan in the asset neighbourhood

Bmi Pension Plan for Hourly Union EmployeesBmi Pension Plan for Hourly …$5MRetirement Plan for Puerto Rico EmployeesRetirement Plan for Puerto R…$5MFlorida Sugar & Molasses Exchange, Inc. Pension Retirement PlanFlorida Sugar & Molasses Exc…$5MTimkensteel Corporation Retirement PlanTimkensteel Corporation Reti…$5MEmployee's Pension Plan of Local 731 I B of TEmployee's Pension Plan of L…$5M
End-of-year total assets ($M) among Timkensteel Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$130M
Net Assets (End of Year)$5M
Net Income-$124M
Employer EIN464024951
Plan Effective Date2014-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Timkensteel Corporation)

Sponsor-wide plan assets over time

All Timkensteel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$754M 6.941473831920801% vs 2022
2024 filing year
$700M$750M$800M$850M 202220232024 $810M $754M ▼ -6.9%
Year Plans Participants Total Assets
2022 5 3,439 $810M
2023 5 2,968 $827M
2024 5 2,992 $754M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Timkensteel Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Timkensteel Corporation Retirement Plan, Total assets ($B): 0.005354438 · Participants: 119Timkensteel Corporation Retirement 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
Timkensteel Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Timkensteel Corporation Retirement Plan side-by-side with 3 peers →

Timkensteel Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Puerto Rico Employees in VA ($5M); by covered participants it is Signature Healthcare Retirement Plan in MA (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 Timkensteel Corporation Retirement Plan assets move in 2024? ▼
Timkensteel Corporation Retirement Plan contracted severely - down 95.9% during 2024, from $130M to $5M. Reported net income was -$124M.
How have Timkensteel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Timkensteel Corporation's sponsor-wide assets declined 6.9%, from $810M to $754M.
Which Defined Benefit (Pension) plans are similar in size to Timkensteel Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Puerto Rico Employees in VA ($5M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Timkensteel Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Signature Healthcare Retirement Plan in MA (119 participants, $56M 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 464024951.

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.