Plan Snapshot
- Plan Sponsor: The Timken Company
- Sponsor EIN: 340577130
- Sponsor Address: 4500 MOUNT PLEASANT ST NW, NORTH CANTON, OH, 44720
- Plan Type: 401(k)
- Plan Number: 019
- Total Participants: 119
- Total Assets: $19.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 119 | $19.7M | $0 | $0 |
| 2024 | 66 | $20.5M | $5,687 | $120,187 |
| 2023 | 69 | $19.3M | $2,467 | $151,941 |
| 2022 | 81 | $17.4M | $3,937 | $166,839 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BOBER, MARKEY, FEDOROVICH & CO | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,642,032 | — | — | — | — |
| 2024 | $788 | — | — | — | — |
| 2023 | $875 | — | — | — | — |
| 2022 | $988 | — | — | — | — |