2023 Form 5500 filing — The Timken Company Savings And Investment Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014115741NAL0026089537001) for The Timken Company Savings And Investment Retirement Plan, reported by The Timken Company under EIN 34-0577130 and plan number 011. It reports 8,350 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014115741NAL0026089537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Timken Company
- EIN
- 34-0577130
- Plan number
- 011
- Location
- North Canton, OH
- Participants
- 8,350
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,113,530,172
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,113,530,172
- Employer contributions
- $33,100,259
- Participant contributions
- $36,603,997
- Total income / additions
- $252,535,332
- Benefits paid
- $135,802,719
- Administrative expenses
- $1,007,147
- Total expenses
- $137,184,149
- Net increase / (decrease)
- $115,351,183
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $668,443 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | NONE | $338,704 | $0 |