401(k) · DOL Form 5500 · 2022
Textron Inc. 401(k) Plan
Data updated 2026-08-25
- $5.0B
- Total assets Very large vs avg
- 25,353
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $196,437
- Avg per participant Above avg balance/head
Official DOL plan name: Textron Savings Plan · Sponsored by Textron Inc. · Rhode Island · Manufacturing
$5.0B in assets, 25,353 participants
Textron Inc.'s Textron Savings Plan reported $5.0B in total assets and 25,353 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.
- #20,507 in Manufacturing (20,602 peers)
Coverage in Rhode Island
Textron Savings Plan covers 25,353 participants in Rhode Island, 17x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $5.0B.
- #20,507
- in Manufacturing (20,602 peers)
- -15.4%
- assets change YoY
- 50×
- vs typical plan assets (national mean)
The plan reported a net loss of $905M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Textron Savings Plan's outsized position by total assets
Textron Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,980,267,873 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Textron Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Textron Savings Plan is a mega filing (25,353 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 050315468 · Textron Inc. PY 2022 · 401(k)
Textron Savings Plan · $5.0B · 25,353 · 100th
- EIN $5.0B
- EIN 25,353
- EIN 100th
- EIN 401(k)
- EIN near Hdr, Inc. Best Plan and ESOP
- EIN ind #20507
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Rhode Island →
Textron Savings Plan in the asset neighbourhood
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $5.9B |
|---|---|
| Net Assets (End of Year) | $5.0B |
| Net Income | -$905M |
| Employer EIN | 050315468 |
| Plan Effective Date | 1960-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Textron Inc.)
Sponsor-wide plan assets over time
All Textron Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $14.4B 15.259876876730171% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 46,672 | $12.5B |
| 2023 | 5 | 46,843 | $13.6B |
| 2024 | 5 | 45,819 | $14.4B |
Nearby 401(k) Plans in Rhode Island
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- CVS Health Future Fund 401(k) Plan $24.2B · 273,274
- Cfg Retirement Savings Plan $2.5B · 17,454
- Unfi 401(k) Plan $2.5B · 24,670
- Fm Global 401(k) Savings Plan $1.4B · 3,865
- Igt 401(k) Retirement Savings Plan $1.0B · 5,633
Scale composition for Textron Savings Plan
Textron Savings Plan reports $5.0B in end-of-year assets across 25,353 participants (0.040% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.027% of 93,925,755 covered participants) - about $196,437 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$905M.
This plan identity (EIN 050315468, plan #030) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $6.1B (+23.0%) while covered participants moved from 25,353 to 26,609 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,353 | $5.0B | This page |
| 2023 | 26,580 | $5.7B | Open filing |
| 2024 · index core | 26,609 | $6.1B | 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)
Textron Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Rhode Island, the nearest 401(k) by assets is Hdr, Inc. Best Plan and ESOP in NE ($5.0B); by covered participants it is Signet Jewelers Retirement Savings Plan in OH (25,320 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.0B here).
- Hdr, Inc. Best Plan and ESOP (NE) $5.0B · 9,716
- Trane Technologies Employee Savings Plan (Esp) (NC) $5.0B · 17,017
- Verizon Savings & Security Plan for New York and New England Associates (NJ) $4.9B · 13,933
- Ntess Savings and Income Plan (NM) $5.0B · 14,007
Similar participant headcount
Nearest other-state filings by covered participants (25,353 participants); asset peers above are excluded.
- Signet Jewelers Retirement Savings Plan (OH) 25,320 · 33 off
- Abbvie Savings Plan (IL) 25,302 · 51 off
- Huntington Ingalls Industries Savings Plan (VA) 25,250 · 103 off
- Texas Health 401(k) Retirement Plan (TX) 25,510 · 157 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.