# Textron INC. DB Plan
Source: https://planprovider.pro/companies/textron-inc-plan-020

> Textron INC.'s DB plan: 82 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Textron INC.

- **Sponsor EIN:** 050315468

- **Sponsor Address:** 40 WESTMINSTER STREET, PROVIDENCE, RI, 02903

- **Plan Type:** DB

- **Total Participants:** 82

- **Total Assets:** $112.6M

## 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.|

| 2024|82|$112.6M|$0|$0|

| 2023|88|$105.3M|$0|$0|

| 2022|97|$97.2M|$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|

| TEXTRON INC. ADMIN|ADMIN|$111,076|—|$111,076|

| FIDELITY INVESTMENTS|NONE|$39,946|—|$39,946|

| ERNST & YOUNG LLP|Auditor|$3,486|—|$3,486|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS](https://planprovider.pro/provider/fidelity-investments) — NONE

- [ERNST & YOUNG LLP](https://planprovider.pro/provider/ernst-and-young-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $154,508

- **Estimated Expense Ratio:** 0.137% 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|

| 2024|$161,264|—|—|$3,486|—|

| 2023|$159,268|—|—|$3,345|—|

| 2022|$164,611|—|—|—|$79,402|

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