Textron Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Textron Savings Plan currently has over 38,100 active participants and over $3.6B in plan assets.
|1.||Textron Inc. Common Stock||29%|
|2.||Vanguard Group Target Retirement||23%|
|3.||Vanguard Institutional Index||11%|
40 Westminster Street
Providence, RI 02903
|Net Plan Assets||$3,580,000,000|
|Avg Account Balance||$100,000|
|Philips Electronics North America||82.4|
|Insurance Carrier||New York Life|
|Insurance Carrier||Jackson National Life|
|Insurance Carrier||Principal Financial Group|
|Insurance Carrier||Protective Life|
|Legal Counsel||Covington & Burling|
|Auditor||Ernst & Young|
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice.
BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.