Plan Snapshot
- Plan Sponsor: Textron INC.
- Sponsor EIN: 133380685
- Sponsor Address: 40 WESTMINSTER STREET, PROVIDENCE, RI, 029032525
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $8.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $8.6B | $0 | $0 |
| 2024 | 0 | $7.9B | $0 | $0 |
| 2023 | 0 | $7.6B | $0 | $0 |
| 2022 | 0 | $7.2B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CORE AND VALUE ADVISORS, LLC | Investment Advisor | $4,400,509 | — | $4,400,509 |
| WELLS CAPITAL | Investment Advisor | $2,694,553 | — | $2,694,553 |
| INDEPENDENT FRANCHISE PARTNERS | Investment Advisor | $2,501,095 | — | $2,501,095 |
| JP MORGAN CHASE BANK | Investment Advisor | $2,389,581 | — | $2,389,581 |
| P E GLOBAL LLC | Investment Advisor | $2,368,341 | — | $2,368,341 |
| ACADIAN ASSET MANAGEMENT LLC | Investment Advisor | $2,145,939 | — | $2,145,939 |
| WELLINGTON MANAGEMENT COMPANY, LLP | Investment Advisor | $2,100,085 | — | $2,100,085 |
| BNY MELLON | Custodian / Trustee | $1,609,036 | — | $1,609,036 |
| LSV ASSET MANAGEMENT | Investment Advisor | $1,592,828 | — | $1,592,828 |
| HOOD RIVER CAPITAL MANAGEMENT | Investment Advisor | $1,238,453 | — | $1,238,453 |
| ARROWSTREET | Investment Advisor | $935,625 | — | $935,625 |
| LAZARD ASSET MANAGEMENT | Investment Advisor | $835,312 | — | $835,312 |
| NISA INVESTMENT ADVISORS, L.L.C. | Investment Advisor | $690,664 | — | $690,664 |
| INCOME RESEARCH & MANAGEMENT | Investment Advisor | $646,623 | — | $646,623 |
| HAMILTON LANE ADVISORS, LLC | Investment Advisor | $642,113 | — | $642,113 |
| CENTERSQUARE INVESTMENT MGMT | Investment Advisor | $409,264 | — | $409,264 |
| CLIFTON GROUP | Investment Advisor | $277,612 | — | $277,612 |
| PARAMETRIC PORTFOLIO ASSOCIATE | Investment Advisor | $260,148 | — | $260,148 |
| PRICEWATERHOUSECOOPERS | Investment Advisor | $239,800 | — | $239,800 |
| DOUBLELINE CAPITAL, L.P. | Investment Advisor | $167,393 | — | $167,393 |
| PALISADE CAPITAL MANAGEMENT | Investment Advisor | $49,925 | — | $49,925 |
| EVESTMENT CONSULTING | Investment Advisor | $47,368 | — | $47,368 |
| BLOOMBERG FINANCE | Investment Advisor | $20,875 | — | $20,875 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,263,142
- Estimated Expense Ratio: 0.329% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $32,216,807 | $31,408,727 | — | — | — |
| 2024 | $28,214,266 | $27,300,789 | — | — | — |
| 2023 | $29,191,990 | $28,279,235 | — | — | — |
| 2022 | $34,322,431 | $34,322,431 | — | — | — |