Textron, Inc.
79
Plan:
10
71
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (79) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $7,600 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
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 79. This plan is in the top 15% of plans for Total Plan Cost. Textron Savings Plan currently has over 35,600 active participants and over $2.3B in plan assets.
Retirement Plan Details
| Address |
40 Westminster Street
Providence, RI 02903 |
| Industry | Manufacturing |
| Administrator | Douglas Stewart |
| Net Plan Assets | $2,300,000,000 |
| Total Participants | 36,000 |
| Avg Account Balance | $65,000 |
Compare Other Companies in Peer Group
| Kimberly-Clark | 82.5 |
| Corning | 80.2 |
| Philips Electronics North America | 78.3 |
| Alliant Techsystems | 73.6 |
| Newell Rubbermaid | 69.7 |
| Estee Lauder | 69.2 |
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