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 Savings And Investment Retirement Plan is a benefit plan reported by The Timken Company under EIN 34-0577130 and plan number 011. The latest loaded filing year is 2023. The filing reports 8,350 participants and $1,113,530,172 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,113,530,172
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,113,530,172
- Net assets (BOY)
- $997,940,241
Income & contributions
- Employer contributions
- $33,100,259
- Participant contributions
- $36,603,997
- Total contributions
- $82,586,862
- Total income / additions
- $252,535,332
Expenses & distributions
- Benefits paid
- $135,802,719
- Administrative expenses
- $1,007,147
- Total expenses
- $137,184,149
- Net increase / (decrease)
- $115,351,183