Plan5500

Textron Master Retirement Plan — Form 5500 plan (Textron Inc.)

Plain-English plan 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, Textron Master Retirement Plan is a benefit plan reported by Textron Inc. under EIN 05-0315468 and plan number 076. The latest loaded filing year is 2023. The filing reports 53,000 participants and $5,244,382,313 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Textron Inc.
EIN
05-0315468
Plan number
076
Plan type
2
Location
Providence, RI
Latest filing year
2023
Participants
53,000
End-of-year plan assets
$5,244,382,313

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202353,000H, C20240711124418NAL0009342019001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,244,382,313
Total liabilities (EOY)
$2,005,463
Net assets (EOY)
$5,242,376,850
Net assets (BOY)
$4,970,807,475

Income & contributions

Total contributions
$0
Total income / additions
$550,329,548

Expenses & distributions

Benefits paid
$265,143,146
Administrative expenses
$16,965,606
Total expenses
$282,108,752
Net increase / (decrease)
$268,220,796

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity InvestmentsNONE$2,550,965not reported in the loaded dataset2023
Textron Inc. AdminADMIN$1,117,675not reported in the loaded dataset2023
Willis Towers Watson, LLCNONE$377,961not reported in the loaded dataset2023
Ernst & YoungNONE$163,032not reported in the loaded dataset2023
Proskauer Rose, LlpNONE$57,473not reported in the loaded dataset2023

Related Form 5500 pages