Textron Retirement Account Plan Trust — Form 5500 plan (Textron, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Textron Retirement Account Plan Trust is a benefit plan reported by Textron, Inc. under EIN 05-0315468 and plan number 077. The latest loaded filing year is 2023. The filing reports 12,971 participants and $332,389,145 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Textron, Inc.
EIN
05-0315468
Plan number
077
Plan type
2
Location
Providence, RI
Latest filing year
2023
Participants
12,971
End-of-year plan assets
$332,389,145

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202312,971H, C20240625082205NAL0007028545001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$332,389,145
Total liabilities (EOY)
$97,386
Net assets (EOY)
$332,291,759
Net assets (BOY)
$290,944,188

Income & contributions

Employer contributions
$10,715,465
Participant contributions
$0
Total contributions
$10,715,465
Total income / additions
$57,587,384

Expenses & distributions

Benefits paid
$9,551,090
Administrative expenses
$204,098
Total expenses
$9,755,188
Net increase / (decrease)
$47,832,196

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$164,115$02023
Ernst & YoungACCOUNTANT/AUDITOR$27,800not reported in the loaded dataset2023

Related Form 5500 pages