Profit Sharing · DOL Form 5500 · 2022
Textron, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $291M
- Total assets
- 10,515
- Participants
- 97th
- Percentile by assets
- $27,670
- Avg per participant
Official DOL plan name: Textron Retirement Account Plan Trust · Sponsored by Textron, Inc. · Rhode Island · Manufacturing
$291M in assets, 10,515 participants
Textron, Inc.'s Textron Retirement Account Plan Trust reported $291M in total assets and 10,515 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #19,515 in Manufacturing (20,602 peers)
Coverage in Rhode Island
Textron Retirement Account Plan Trust covers 10,515 participants in Rhode Island, 7.3x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $291M.
- $291M
- total plan assets (2022 EOY)
- 10,515
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $27,670
- avg assets per participant
The plan reported a net loss of $56M 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 1,449 participants across 434 plans. Textron Retirement Account Plan Trust reports 10,515 participants - 7.3x that state average ($291M EOY assets).
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $356M |
|---|---|
| Net Assets (End of Year) | $291M |
| Net Income | -$56M |
| Employer EIN | 050315468 |
| Plan Effective Date | 2007-01-01 |
| 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 Profit Sharing Plans in Rhode Island
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Textron Retirement Account Plan Trust vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants
- Care New England 403(b) Match & Savings Plan $427M · 7,302
- Brown Physicians, Inc. 401(a) Plan $237M · 949
- International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan $153M · 1,039
- Iuoe Local 57 Annuity Plan $120M · 871
- The Gordon School 403(b) Retirement Plan $20M · 85
Scale composition for Textron Retirement Account Plan Trust
Textron Retirement Account Plan Trust reports $291M in end-of-year assets across 10,515 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $27,670 per participant (20% of the national average assets-per-participant) . Net income for plan year 2022 was -$56M.
This plan identity (EIN 050315468, plan #077) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $291M to $353M (+21.4%) while covered participants moved from 10,515 to 9,563 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,515 | $291M | This page |
| 2023 | 10,046 | $332M | Open filing |
| 2024 · index core | 9,563 | $353M | 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 Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Textron Retirement Account Plan Trust by total assets, not by location.
- Indiana State Council of Plasterers & Cement Masons Pension Fund (IN) $290M · 1,035
- Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan (UT) $289M · 2,328
- North Mississippi Health Services Employer Savings Plan (MS) $288M · 7,173
- Childrens Healthcare of Atlanta Growth Plan (GA) $288M · 11,691
Frequently Asked Questions
How did Textron Retirement Account Plan Trust assets move in 2022? ▼
How have Textron, Inc. plan assets changed over time? ▼
Where does Textron Retirement Account Plan Trust rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Textron Retirement Account Plan Trust? ▼
Next read for Textron Retirement Account Plan Trust
Filing takeaways
Ways to act on Textron Retirement Account Plan Trust's numbers.
- By total assets, Textron Retirement Account Plan Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing 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