The Timken Company Pension Plan — Form 5500 plan (The Timken Company)
Plain-English plan 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, The Timken Company Pension Plan is a benefit plan reported by The Timken Company under EIN 34-0577130 and plan number 001. The latest loaded filing year is 2023. The filing reports 332 participants and $34,124,462 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Timken Company
- EIN
- 34-0577130
- Plan number
- 001
- Plan type
- 2
- Location
- North Canton, OH
- Latest filing year
- 2023
- Participants
- 332
- End-of-year plan assets
- $34,124,462
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 332 | H, C | 20241015062011NAL0028869569001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,124,462
- Total liabilities (EOY)
- $20,200
- Net assets (EOY)
- $34,104,262
- Net assets (BOY)
- $36,028,981
Income & contributions
- Total contributions
- $0
- Total income / additions
- $3,917,283
Expenses & distributions
- Benefits paid
- $5,540,970
- Administrative expenses
- $301,032
- Total expenses
- $5,842,002
- Net increase / (decrease)
- -$1,924,719
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $124,121 | not reported in the loaded dataset | 2023 |
| Bober Markey Fedorovich & Company | NONE | $20,250 | not reported in the loaded dataset | 2023 |