Profit Sharing · DOL Form 5500 · 2024

Textron, Inc. Profit Sharing Plan

Data updated 2026-07-24

$353M
Total assets: 9,563
Participants: 96th
Percentile by assets: $36,948
Avg per participant

Official DOL plan name: Textron Inc Retirement Account Plan · Sponsored by Textron, Inc. · Rhode Island · Manufacturing

$353M in assets, 9,563 participants

Textron, Inc.'s Textron Inc Retirement Account Plan reported $353M in total assets and 9,563 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 116,472 plans)

Coverage in Rhode Island

Textron Inc Retirement Account Plan covers 9,563 participants in Rhode Island, 6.4x the typical Rhode Island plan (state average ~1,486 per filing). Assets: $353M.

$353M
total plan assets (2024 EOY): 9,563
covered participants: 96th
percentile by assets (of 116,472 plans): $36,948
avg assets per participant

Textron Inc Retirement Account Plan reported net income fell from $48M in the plan year 2023 filing to $32M in the plan year 2024 filing.
Textron Inc Retirement Account Plan end-of-year assets rose from $332M in the plan year 2023 filing to $353M in the plan year 2024 filing.
Textron Inc Retirement Account Plan reported participants fell from 10,046 in the plan year 2023 filing to 9,563 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Rhode Island

Industry

Manufacturing

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,486 participants across 402 plans. Textron Inc Retirement Account Plan reports 9,563 participants - 6.4x that state average ($353M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)	$332M
Net Assets (End of Year)	$353M
Net Income	$32M
Employer EIN	050315468
Plan Effective Date	2007-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Textron, Inc.)

Total plan assets by year, all Textron, Inc. plans on file

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 Inc Retirement Account Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Care New England 403(b) Match & Savings Plan $570M · 7,381
Brown Physicians, Inc. 401(a) Plan $326M · 1,225
Iuoe Local 57 Annuity Plan $146M · 948
Meeting Street Retirement Plan $24M · 273
The Gordon School 403(b) Retirement Plan $23M · 80

Compare Textron Inc Retirement Account Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Textron Inc Retirement Account Plan by total assets, not by location.

Gensler Profit Sharing Plan (CA) $354M · 4,145
Dyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment Plan (UT) $350M · 2,569
IBEW Local 1049 Craft Annuity Fund (NY) $349M · 3,215
Indiana State Council of Plasterers & Cement Mason Pension Fund (IN) $349M · 1,910

Frequently Asked Questions

How did Textron Inc Retirement Account Plan assets move in 2024? ▼

Textron Inc Retirement Account Plan grew at a solid clip - up 6.3% during 2024, from $332M to $353M. Reported net income was $32M.

How have Textron, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Textron, Inc.'s sponsor-wide assets grew 15.3%, from $12.5B to $14.4B.

Where does Textron Inc Retirement Account Plan rank by assets among Form 5500 filers? ▼

Textron Inc Retirement Account Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Textron Inc Retirement Account Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Gensler Profit Sharing Plan in CA ($354M, 4,145 participants).

Next read for Textron Inc Retirement Account Plan

Filing takeaways

Ways to act on Textron Inc Retirement Account Plan's numbers.

By total assets, Textron Inc Retirement Account Plan 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 050315468.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.