Profit Sharing · DOL Form 5500 · 2022
Textron, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $291M
- Total assets Near avg plan size
- 10,515
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $27,670
- Avg per participant Low balance/head
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.
- #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.
- #19,515
- in Manufacturing (20,602 peers)
- -18.4%
- assets change YoY
- 2.9×
- vs typical plan assets (national mean)
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.
Textron Retirement Account Plan Trust's outsized position by total assets
Textron Retirement Account Plan Trust vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$290,953,449 Top 3% higher than 97% 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 Retirement Account Plan Trust'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 Retirement Account Plan Trust is a mega filing (10,515 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 050315468 · Textron, Inc. PY 2022 · Profit Sharing
Textron Retirement Account Plan Trust · $291M · 10,515 · 97th
- SCH $291M
- SCH 10,515
- SCH 97th
- SCH Profit Sharing
- SCH near Indiana State Council of Plasterers & Cement Masons Pension Fund
- SCH ind #19515
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 Retirement Account Plan Trust in the asset neighbourhood
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.)
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 Profit Sharing Plans in Rhode Island
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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)
Textron Retirement Account Plan Trust's out-of-state Profit Sharing peers by assets and headcount
Outside Rhode Island, the nearest Profit Sharing by assets is Indiana State Council of Plasterers & Cement Masons Pension Fund in IN ($290M); by covered participants it is Construction Industry Retirement Fund of Rockford in MI (10,395 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($291M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (10,515 participants); asset peers above are excluded.
- Construction Industry Retirement Fund of Rockford (MI) 10,395 · 120 off
- North Atlantic States Carpenters Annuity Plan (CT) 10,777 · 262 off
- Legacy Health Defined Contribution Retirement Plan (OR) 10,849 · 334 off
- Allina 403(b) Retirement Savings Plan (MN) 10,170 · 345 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.