2023 Form 5500 filing — Textron Master Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240711124418NAL0009342019001) for Textron Master Retirement Plan, reported by Textron Inc. under EIN 05-0315468 and plan number 076. It reports 53,000 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240711124418NAL0009342019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Textron Inc.
- EIN
- 05-0315468
- Plan number
- 076
- Location
- Providence, RI
- Participants
- 53,000
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,244,382,313
- Total liabilities (EOY)
- $2,005,463
- Net assets (EOY)
- $5,242,376,850
- Total income / additions
- $550,329,548
- Benefits paid
- $265,143,146
- Administrative expenses
- $16,965,606
- Total expenses
- $282,108,752
- Net increase / (decrease)
- $268,220,796
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments | NONE | $2,550,965 | not reported in the loaded dataset |
| Textron Inc. Admin | ADMIN | $1,117,675 | not reported in the loaded dataset |
| Willis Towers Watson, LLC | NONE | $377,961 | not reported in the loaded dataset |
| Ernst & Young | NONE | $163,032 | not reported in the loaded dataset |
| Proskauer Rose, Llp | NONE | $57,473 | not reported in the loaded dataset |