Defined Benefit (Pension) · DOL Form 5500 · 2024

Textron Inc. Pension Plan

Data updated 2026-08-11

$113M
Total assets: 88
Participants: 91st
Percentile by assets: $1.3M
Avg per participant

Official DOL plan name: Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan · Sponsored by Textron Inc. · Rhode Island · Manufacturing

$113M in assets, 88 participants

Textron Inc.'s Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan reported $113M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 123,622 plans)
#15,469 in Manufacturing (17,777 peers)

Where Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan sits by assets

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan sits in the top 10% of all filed plans by assets, $113M for 88 participants (~$1.3M/participant), up 6.9% in 2024.

$113M
total plan assets (2024 EOY): 88
covered participants: 91st
percentile by assets (of 123,622 plans): $1.3M
avg assets per participant

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan reported net income fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan reported participants fell from 97 in the plan year 2023 filing to 88 in the plan year 2024 filing.
Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan end-of-year assets rose from $105M in the plan year 2023 filing to $113M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Rhode Island

Industry

Manufacturing

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan vs the 2024 asset distribution

By assets, Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$105M
Net Assets (End of Year)	$113M
Net Income	$7M
Employer EIN	050315468
Plan Effective Date	1951-01-01
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 Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

The Bank of America Pension Plan $19.0B · 53,831
Textron Master Retirement Plan $5.5B · 6,888
Factory Mutual Insurance Company Pension Plan $3.0B · 3,656
Bell Helicopter Textron Master Retirement Plan $2.3B · 2,671
Amica Pension Fund $1.7B · 2,172

Compare Textron Automotive Functional Components… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan by total assets, not by location.

Sheet Metal Workers Local No.20 Gary Area Pension (MI) $113M · 499
Revvity, Inc. Employees Retirement Plan (MA) $112M · 33
Middle River Aerostructure Systems Salaried Pension Plan (MD) $113M · 95
American Savings Bank Retirement Plan (HI) $113M · 231

Frequently Asked Questions

How did Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan assets move in 2024? ▼

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan grew at a solid clip - up 6.9% during 2024, from $105M to $113M. Reported net income was $7M.

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 Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan rank by assets among Form 5500 filers? ▼

Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers Local No.20 Gary Area Pension in MI ($113M, 499 participants).

Next read for Textron Automotive Functional Components…

Scale reading

Ways to act on Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan's numbers.

By total assets, Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) 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.