The Timken Company
78
Plan:
49
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (78) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $12,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
The Timken Company Savings and Investment Pension Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. The Timken Company Savings and Investment Pension Plan currently has over 7,700 active participants and over $817.2M in plan assets.
Retirement Plan Details
| Address |
1835 Dueber Avenue, Sw
Canton, OH 44706-2798 |
| Industry | Manufacturing |
| Administrator | Christopher Holding |
| Net Plan Assets | $817,000,000 |
| Total Participants | 7,700 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| Swagelok Company | 79.1 |
| Case New Holland | 74.2 |
| Terex | 73.7 |
| National Oilwell Varco | 72.2 |
| Dover | 67.5 |
| The Manitowoc Company | 61.6 |
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