Defined Benefit (Pension) · DOL Form 5500 · 2024
Textron Inc. Pension Plan
Data updated 2026-08-25
- $5.5B
- Total assets Very large vs avg
- 6,888
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $792,427
- Avg per participant High balance/head
Official DOL plan name: Textron Master Retirement Plan · Sponsored by Textron Inc. · Rhode Island · Manufacturing
$5.5B in assets, 6,888 participants
Textron Inc.'s Textron Master Retirement Plan reported $5.5B in total assets and 6,888 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- #17,671 in Manufacturing (17,777 peers)
Coverage in Rhode Island
Textron Master Retirement Plan covers 6,888 participants in Rhode Island, 4.8x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $5.5B.
- #17,671
- in Manufacturing (17,777 peers)
- +4.1%
- assets growth YoY
- 55×
- vs typical plan assets (national mean)
Textron Master Retirement Plan's outsized position by total assets
Textron Master Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$5,458,240,388 Highest reported value at or above every one 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 Master Retirement 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 Master Retirement Plan lands in the large band (6,888 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Textron Master Retirement Plan reported net income fell from $268M in the plan year 2023 filing to $207M in the plan year 2024 filing.
- Textron Master Retirement Plan reported participants fell from 7,320 in the plan year 2023 filing to 6,888 in the plan year 2024 filing.
- Textron Master Retirement Plan end-of-year assets rose from $5.2B in the plan year 2023 filing to $5.5B in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 050315468 · Textron Inc. PY 2024 · Defined Benefit (Pension)
Textron Master Retirement Plan · $5.5B · 6,888 · 100th
- EIN $5.5B
- RANK 6,888
- PHOTO 100th
- IND Defined Benefit (Pension)
- EOY near Laborers Pension Trust Fund for Northern California
- 5500 ind #17671
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 Master Retirement Plan in the asset neighbourhood
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $5.2B |
|---|---|
| Net Assets (End of Year) | $5.5B |
| Net Income | $207M |
| Employer EIN | 050315468 |
| Plan Effective Date | 1945-12-28 |
| 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 Defined Benefit (Pension) Plans in Rhode Island
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Bank of America Pension Plan $19.0B · 53,831
- 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
- Cfg Pension Plan $1.2B · 2,962
Scale composition for Textron Master Retirement Plan
Textron Master Retirement Plan reports $5.5B in end-of-year assets across 6,888 participants (0.044% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $792,427 per participant (5.7x the national average assets-per-participant) . Net income for plan year 2024 was $207M.
This plan identity (EIN 050315468, plan #076) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.0B to $5.5B (+9.8%) while covered participants moved from 7,702 to 6,888 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,702 | $5.0B | Open filing |
| 2023 | 7,320 | $5.2B | Open filing |
| 2024 · index core | 6,888 | $5.5B | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Textron Savings Plan (401(k), $6.1B, 26,609 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 Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan (Defined Benefit (Pension), $113M, 88 participants)
Textron Master Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Laborers Pension Trust Fund for Northern California in CA ($5.5B); by covered participants it is Dow Employees' Pension Plan in MI (6,888 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.5B here).
- Laborers Pension Trust Fund for Northern California (CA) $5.5B · 21,267
- New York District Council of Carpenters Pension Pl (NY) $5.4B · 10,590
- Pension Trust Fund for Operating Engineers (CA) $5.4B · 20,372
- The PNC Financial Services Group, Inc. Pension Plan (PA) $5.5B · 58,779
Similar participant headcount
Nearest other-state filings by covered participants (6,888 participants); asset peers above are excluded.
- Dow Employees' Pension Plan (MI) 6,888 · 0 off
- Laborers District Council of W PA Pension Fund (PA) 6,882 · 6 off
- Smithfield Foods Hourly Pension Plan (VA) 6,816 · 72 off
- The Cultural Institutions Pension Plan (NY) 6,961 · 73 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.