Defined Benefit (Pension) · DOL Form 5500 · 2022
Textron Inc. Pension Plan
Data updated 2026-08-06
- $5.0B
- Total assets
- 7,702
- Participants
- 100th
- Percentile by assets
- $645,605
- Avg per participant
Official DOL plan name: Textron Master Retirement Plan · Sponsored by Textron Inc. · Rhode Island · Manufacturing
$5.0B in assets, 7,702 participants
Textron Inc.'s Textron Master Retirement Plan reported $5.0B in total assets and 7,702 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #20,533 in Manufacturing (20,629 peers)
Coverage in Rhode Island
Textron Master Retirement Plan covers 7,702 participants in Rhode Island, 5.2x the typical Rhode Island plan (state average ~1,486 per filing). Assets: $5.0B.
- $5.0B
- total plan assets (2022 EOY)
- 7,702
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $645,605
- avg assets per participant
The plan reported a net loss of $1.3B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Rhode Island filers
In Rhode Island, the average filing covers about 1,486 participants across 402 plans. Textron Master Retirement Plan reports 7,702 participants - 5.2x that state average ($5.0B EOY assets).
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $6.2B |
|---|---|
| Net Assets (End of Year) | $5.0B |
| Net Income | -$1.3B |
| Employer EIN | 050315468 |
| Plan Effective Date | 1945-12-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Textron Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 46,672 | $12.5B |
| 2023 | 5 | 46,843 | $13.6B |
| 2024 | 5 | 45,819 | $14.4B |
Nearby Defined Benefit (Pension) Plans in Rhode Island
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Textron Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
- The Bank of America Pension Plan $18.8B · 59,906
- Factory Mutual Insurance Company Pension Plan $2.7B · 3,598
- Bell Helicopter Textron Master Retirement Plan $2.1B · 2,995
- Amica Pension Fund $1.7B · 2,750
- Cfg Pension Plan $1.1B · 3,600
Scale composition for Textron Master Retirement Plan
Textron Master Retirement Plan reports $5.0B in end-of-year assets across 7,702 participants (0.043% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $645,605 per participant (4.7x the national average assets-per-participant) . Net income for plan year 2022 was -$1.3B.
This plan identity (EIN 050315468, plan #076) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $5.5B (+9.8%) while covered participants moved from 7,702 to 6,888 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,702 | $5.0B | This page |
| 2023 | 7,320 | $5.2B | Open filing |
| 2024 · index core | 6,888 | $5.5B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Textron Savings Plan (401(k), $6.1B, 26,609 participants)
- Textron Master Retirement Plan (Defined Benefit (Pension), $5.5B, 6,888 participants)
- Bell Helicopter Textron Master Retirement Plan (Defined Benefit (Pension), $2.3B, 2,671 participants)
- Textron Inc Retirement Account Plan (Profit Sharing, $353M, 9,563 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Textron Master Retirement Plan by total assets, not by location.
- The Bank of New York Mellon Corporation Pension Plan (PA) $5.0B · 8,098
- Nationwide Retirement Plan (OH) $5.0B · 22,597
- New York State Nurses Association Pension Plan (NY) $5.0B · 18,592
- Southern California Ufcw Unions and Food Employers Joint Pension Trust Fund (CA) $4.9B · 56,802
Frequently Asked Questions
How did Textron Master Retirement Plan assets move in 2022? ▼
How have Textron Inc. plan assets changed over time? ▼
Where does Textron Master Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Textron Master Retirement Plan? ▼
Next read for Textron Master Retirement Plan
Filing takeaways
Ways to act on Textron Master Retirement Plan's numbers.
- By total assets, Textron Master Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Rhode Island. Compare plans
- Textron Inc.'s sponsor-wide assets have grown 15.3% since 2022 across 3 plan years on file. More Manufacturing plans