Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
THE TIMKEN COMPANY
EIN 34-0577130mechanical or industrial engineeringLatest filing 2024
Plans
10
Retirement
5
$1.44B assets
Welfare
5
$6.9M premiums
Participants
19,154
4500 MOUNT PLEASANT ST. NW - NORTH CANTON, OH 44720330-438-3000timken.comLinkedIn10001+ employeesmechanical or industrial engineering
Plans on this EIN
10 filings#011ESOP-$1.23B - 7,810 part#020TraditionalDB-$154.0M - 2,254 part#001TraditionalDB-$32.6M - 309 part#019401k-$20.5M - 137 part#022401k-$6.7M - 102 part#540Fully Insured-$5.6M - 17,134 lives#502Fully Insured-$738K - 1,466 lives#542Mixed-$430K - 569 lives#504Fully Insured-$110K - 219 lives#519Self Funded-0 lives
Retirement portfolio analytics
5 plans aggregated / $1.44B assets / 10,612 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
87%top
- GREAT-WEST LIFE & ANNUITY INSURANCE87%
- (Not disclosed)13%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
5 plans / $6.9M premiums / 19,388 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$5.6M
- Vision$5.4M
- Life$1.2M
- Health$387K
- Dental$387K
- Long-term disability$321K
Carrier market share
Premium dollars by Schedule A carrier
94%top
- METROPOLITAN LIFE INSURANCE COMPANY94%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY6%
- HUMANA INSURANCE COMPANY0%
- ZURICH AMERICAN INSURANCE COMPANY0%
Broker market share
Schedule A broker compensation
92%top
- LOCKTON COMPANIES, LLC92%
- AON CONSULTING INC8%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#011
THE TIMKEN COMPANY SAVINGS AND INVESTMENT RETIREMENT PLAN
ESOP
Assets$1.23B
Participants7,810
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#020
THE TIMKEN-LATROBE-MPB-TORRINGTON RETIREMENT PLAN
TraditionalDB
Assets$154.0M
Participants2,254
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
THE TIMKEN COMPANY PENSION PLAN
TraditionalDB
Assets$32.6M
Participants309
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#019
THE TIMKEN COMPANY VOLUNTARY INVESTMENT PENSION PLAN
401k
Assets$20.5M
Participants137
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#022
THE TIMKEN COMPANY SAVINGS PLAN FOR CERTAIN BARGAINING ASSOCIATES
401k
Assets$6.7M
Participants102
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#540
THE TIMKEN COMPANY WELFARE BENEFIT PLAN FOR EMPLOYEES
Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$5.6M
Covered lives17,134
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
THE TIMKEN COMPANY BARGAINING UNIT WELFARE BENEFIT PLAN FOR RETIREES
Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$738K
Covered lives1,466
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#542
THE TIMKEN COMPANY BARGAINING UNIT WELFARE PLAN FOR EMPLOYEES
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$430K
Covered lives569
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#504
THE TIMKEN COMPANY WELFARE BENEFIT PLAN FOR RETIREES
Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$110K
Covered lives219
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#519
THE TIMKEN COMPANY FLEXIBLE BENEFITS PROGRAM FOR SALARIED & CERTAIN HOURLY EMPLOYEES
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans5
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 011 | THE TIMKEN COMPANY SAVINGS AND INVESTMENT RETIREMENT PLAN | ESOP | $1.23B | 7,810 | 2024 | |
| 020 | THE TIMKEN-LATROBE-MPB-TORRINGTON RETIREMENT PLAN | TraditionalDB | $154.0M | 2,254 | 2024 | |
| 001 | THE TIMKEN COMPANY PENSION PLAN | TraditionalDB | $32.6M | 309 | 2024 | |
| 019 | THE TIMKEN COMPANY VOLUNTARY INVESTMENT PENSION PLAN | 401k | $20.5M | 137 | 2024 | |
| 022 | THE TIMKEN COMPANY SAVINGS PLAN FOR CERTAIN BARGAINING ASSOCIATES | 401k | $6.7M | 102 | 2024 |
Welfare plans5
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 540 | THE TIMKEN COMPANY WELFARE BENEFIT PLAN FOR EMPLOYEES | Fully Insured | METROPOLITAN LIFE INSURANCE COMPANY | $5.6M | 17,134 | 2024 | |
| 502 | THE TIMKEN COMPANY BARGAINING UNIT WELFARE BENEFIT PLAN FOR RETIREES | Fully Insured | METROPOLITAN LIFE INSURANCE COMPANY | $738K | 1,466 | 2024 | |
| 542 | THE TIMKEN COMPANY BARGAINING UNIT WELFARE PLAN FOR EMPLOYEES | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $430K | 569 | 2024 | |
| 504 | THE TIMKEN COMPANY WELFARE BENEFIT PLAN FOR RETIREES | Fully Insured | METROPOLITAN LIFE INSURANCE COMPANY | $110K | 219 | 2024 | |
| 519 | THE TIMKEN COMPANY FLEXIBLE BENEFITS PROGRAM FOR SALARIED & CERTAIN HOURLY EMPLOYEES | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans