The Timken-Latrobe-Mpb-Torrington Retirement 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-Latrobe-Mpb-Torrington Retirement Plan is a benefit plan reported by The Timken Company under EIN 34-0577130 and plan number 020. The latest loaded filing year is 2023. The filing reports 2,537 participants and $153,264,503 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
- 020
- Plan type
- 2
- Location
- North Canton, OH
- Latest filing year
- 2023
- Participants
- 2,537
- End-of-year plan assets
- $153,264,503
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,537 | H, C | 20241015061852NAL0046821136001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $153,264,503
- Total liabilities (EOY)
- $140,691
- Net assets (EOY)
- $153,123,812
- Net assets (BOY)
- $153,985,512
Income & contributions
- Employer contributions
- $13,775,000
- Total contributions
- $13,775,000
- Total income / additions
- $21,406,986
Expenses & distributions
- Benefits paid
- $19,090,959
- Administrative expenses
- $3,177,727
- Total expenses
- $22,268,686
- Net increase / (decrease)
- -$861,700
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,138,222 | not reported in the loaded dataset | 2023 |
| Goldman Sachs | NONE | $160,106 | not reported in the loaded dataset | 2023 |
| Jennison Associates LLC | NONE | $81,258 | not reported in the loaded dataset | 2023 |
| Bober Markey Fedorovich & Company | NONE | $25,750 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Timken Company
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in North Canton, OH
- Willis Towers Watson Us LLC — Schedule C compensation
- Goldman Sachs — Schedule C compensation
- Jennison Associates LLC — Schedule C compensation
- Bober Markey Fedorovich & Company — Schedule C compensation