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Company:
The Timken Company
Plan:
The Timken Company Savings and Investment Pension Plan
 

The Timken Company

78 Plan:

 
 
78
46
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
Up to $35,800 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 8,800 active participants and over $1.1B in plan assets.


 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. The Timken Company Stock 21%
2. Vanguard Group Target Retirement 18%
3. JPMorgan Equity Index 14%

 Retirement Plan Details

Address 4500 Mount Pleasant Street, Nw
North Canton, OH 44720 
Industry Manufacturing
Administrator Shelly M. Chadwick
Net Plan Assets $1,060,000,000
Total Participants 8,900
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Swagelok Company 78.4
UT-Battelle, LLC 78.0
Flowserve 77.8
Case New Holland Industrial 77.7
Dover 72.1
The Toro Company 71.4

 
Plan Service Providers

Recordkeeper Great-West Life
Investment Adviser JPMorgan
Auditor Ernst & Young