The Timken Company Voluntary Investment 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 Voluntary Investment Pension Plan is a benefit plan reported by The Timken Company under EIN 34-0577130 and plan number 019. The latest loaded filing year is 2023. The filing reports 168 participants and $19,281,582 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$19.3MPlan net assets, end of year$19,281,582
Participants168Covered participants reported
Assets / participant$114.8KComputed: assets ÷ participants$114,771 (computed)
Provider compensation$8751 Schedule C provider row(s)
- Plan sponsor
- The Timken Company
- EIN
- 34-0577130
- Plan number
- 019
- Plan type
- 2
- Location
- North Canton, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 168 | H, C | 20241014115438NAL0014875443001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$19.3M total assets
Net assets$19.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $19,281,582
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,281,582
- Net assets (BOY)
- $17,428,354
Income & contributions
- Employer contributions
- $2,467
- Participant contributions
- $151,941
- Total contributions
- $154,408
- Total income / additions
- $3,256,077
Expenses & distributions
- Benefits paid
- $1,397,539
- Administrative expenses
- $875
- Total expenses
- $1,402,849
- Net increase / (decrease)
- $1,853,228
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $875 | $0 | 2023 |