Textron 401(k) match, vesting and fees
What Textron's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 203 defined-contribution plans in manufacturing with 10,000 to 49,999 participants.
| Textron: employer contribution per participant | $4,322 | |
| Peer median | $3,733 |
| Textron: average balance | $172,078 | |
| Peer median | $157,962 |
| Textron: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $5.7B at the end of plan year 2023 to $6.1B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 36,001 | $6.1B | $154M | $4,322 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 36,530 | $5.7B | $147M | $4,047 | 0.04% | Not published | Form 5500 ↗ |
Other Textron plans (5)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Textron Inc Retirement Account Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Textron Master Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Bell Helicopter Textron Master Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Bell Helicopter Textron Pilots Supplemental Early Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Textron match 401(k) contributions?
The match terms for the Textron Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $154M in employer contributions, about $4,322 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Textron 401(k) match vested?
The vesting schedule for the Textron Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Textron 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Textron Inc..
I left Textron. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Textron Inc., (401) 421-2800) or the recordkeeper, Fidelity Investments Institutional. The Textron old 401(k) page lists the contacts from every plan filing. Find an old Textron 401(k)
Data from the public Form 5500 annual reports Textron filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Textron. Not financial advice. Report a correction · Methodology