Profit Sharing · DOL Form 5500 · 2024
Textron, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $353M
- Total assets Above avg plan size
- 9,563
- Participants Very large workforce
- 96th
- Percentile by assets National rank
- $36,948
- Avg per participant Low balance/head
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.
- #16,737 in Manufacturing (17,777 peers)
Coverage in Rhode Island
Textron Inc Retirement Account Plan covers 9,563 participants in Rhode Island, 6.6x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $353M.
- #16,737
- in Manufacturing (17,777 peers)
- +6.3%
- assets growth YoY
- 3.5×
- vs typical plan assets (national mean)
Textron Inc Retirement Account Plan's outsized position by total assets
Textron Inc Retirement Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$353,333,721 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Textron Inc Retirement Account Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Textron Inc Retirement Account Plan lands in the large band (9,563 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
DOL schedule card
Filing strip 050315468 · Textron, Inc. PY 2024 · Profit Sharing
Textron Inc Retirement Account Plan · $353M · 9,563 · 96th
- PHOTO $353M
- IND 9,563
- EOY 96th
- 5500 Profit Sharing
- ASSETS near Gensler Profit Sharing Plan
- PCT ind #16737
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 Inc Retirement Account Plan in the asset neighbourhood
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.)
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 $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
Scale composition for Textron Inc Retirement Account Plan
Textron Inc Retirement Account Plan reports $353M in end-of-year assets across 9,563 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $36,948 per participant (27% of the national average assets-per-participant) . Net income for plan year 2024 was $32M.
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 | Open filing |
| 2023 | 10,046 | $332M | Open filing |
| 2024 · index core | 9,563 | $353M | This page |
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 Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan (Defined Benefit (Pension), $113M, 88 participants)
Textron Inc Retirement Account Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Rhode Island, the nearest Profit Sharing by assets is Gensler Profit Sharing Plan in CA ($354M); by covered participants it is International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA (9,614 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($353M here).
- Gensler Profit Sharing Plan (CA) $354M · 4,145
- Dyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment Plan (UT) $350M · 2,569
- American Maritime Officers Defined Contribution Plan (FL) $357M · 4,201
- IBEW Local 1049 Craft Annuity Fund (NY) $349M · 3,215
Similar participant headcount
Nearest other-state filings by covered participants (9,563 participants); asset peers above are excluded.
- International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware (PA) 9,614 · 51 off
- The Research Foundation for the State University of New York Retirement Plan (NY) 9,758 · 195 off
- Annuity Fund of Operating Engineers Local 513 (MO) 9,100 · 463 off
- National Roofing Industry Supplemental Pension Plan (MN) 9,009 · 554 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.