Textron Inc. 401(k) Plan: Login, Facts & Contact Information

Textron Inc. 401(k) Plan Facts

Plan name
TEXTRON SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
TEXTRON INC.
Participants
36,530 (26,117 active employees)
Former employees with a balance
9,178
Plan assets
$6,125,315,140 at Dec 31, 2024
Average account balance
$172,084 across 35,595 accounts
Employer contributions
$153,828,040 in plan year 2024 (39% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1960
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $390.6 million went into the plan in contributions, $153.8 million of it from the employer (39%).
  • $605.2 million was paid out to participants.
  • Investment and other income added $627.1 million.
  • Administrative expenses were $1.69 million, about $48 per account.

How the Textron Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201935,721$4.43 billion$113.2 million$352.4 million
202036,008$4.93 billion$109.4 million$403.1 million
202134,873$5.88 billion$121.2 million$480.7 million
202235,439$4.98 billion$133.1 million$400.8 million
202336,751$5.71 billion$146.5 million$476.4 million
202436,530$6.13 billion$153.8 million$605.2 million

Textron Inc. 401(k) Contact Information

Phone
401-421-2800
Mailing address
40 WESTMINSTER STREET, PROVIDENCE RI 02903
Plan sponsor
TEXTRON INC.
Employer identification number (EIN)
05-0315468
Plan number
030

Questions about the Textron Inc. 401(k)

Does Textron Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $153.8 million, 39% of all contributions.

Does the Textron Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Textron Inc 401(k) plan?

36,530 participants at the start of plan year 2024, 26,117 of them active employees, and 9,178 former employees who still had money in the plan.

What is the average 401(k) balance at Textron Inc?

About $172,084 per account: $6.13 billion in plan assets across 35,595 accounts with a balance at the end of plan year 2024.

Who manages the Textron Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Textron Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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