Timkensteel 401(k) match, vesting and fees

Plan year 2024 filingMetallus Inc. Voluntary Investment Pension Plan · Plan 004 · EIN 46-4024951Updated Oct 2026

What Timkensteel's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $980K in employer contributions, about $720 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$103,421
Average account balance
1,456
Participants (end of year)
$141M
Plan assets (end of year)
0.01%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperMerrill Lynch, Pierce, Fenner and SSchedule C ↗
Independent auditorMeadon & Moor, Ltd (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Timkensteel: employer contribution per participant$720
Peer median$2,413
Timkensteel: average balance$103,421
Peer median$86,456
Timkensteel: admin expenses ÷ assets0.01%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $158M at the end of plan year 2021 to $141M at the end of plan year 2024.

$158M2021$121M2022$133M2023$141M2024
End-of-year figures from each plan year's Form 5500 filing for the Timkensteel plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,456$141M$980K$7200.01%Not publishedForm 5500 ↗
20231,394$133M$664K$5150.01%Not publishedForm 5500 ↗
20221,434$121M$506K$375<0.01%Not publishedForm 5500 ↗
20211,497$158M$332K$238<0.01%Not publishedForm 5500 ↗

Other Timkensteel plans (5)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Metallus Inc. Savings and Investment Pension Plan

Plan 003 · EIN 46-4024951 · plan year 2024 filing
$239,890
Average account balance
937
Participants (end of year)
$219M
Plan assets (end of year)
0.02%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperMerrill Lynch, Pierce, Fenner and SSchedule C ↗
Independent auditorMeaden and Moore (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Metallus Inc. Savings Plan for Certain Bargaining Ees

Plan 007 · EIN 46-4024951 · plan year 2024 filing
$155,926
Average account balance
14
Participants (end of year)
$2.2M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and status401(k) · ActiveForm 5500 ↗

Metallus Inc. Bargaining Unit Pension Plan

Plan 002 · EIN 46-4024951 · plan year 2024 filing
$177,807
Average account balance
2,177
Participants (end of year)
$387M
Plan assets (end of year)
0.03%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMeaden & Moore, Ltd. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Timkensteel Corporation Bargaining Savings and Investment Pension Plan

Plan 009 · EIN 46-4024951 · plan year 2022 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
6.49%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and status401(k) · Terminated (final filing)Form 5500 ↗

Timkensteel Corporation Retirement Plan

Plan 001 · EIN 46-4024951 · plan year 2025 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.33%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Timkensteel match 401(k) contributions?

The match terms for the Metallus Inc. Voluntary Investment Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $980K in employer contributions, about $720 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Timkensteel 401(k) match vested?

The vesting schedule for the Metallus Inc. Voluntary Investment Pension Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Timkensteel 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Metallus Inc..

I left Timkensteel. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Metallus Inc., (330) 438-3000) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Timkensteel old 401(k) page lists the contacts from every plan filing. Find an old Timkensteel 401(k)

Data from the public Form 5500 annual reports Timkensteel filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Timkensteel. Not financial advice. Report a correction · Methodology