Form 5500 · Schedule H line 2i(12) · form year 2024

Textron INC.

TEXTRON SAVINGS PLAN · EIN 050315468 · plan number 030
$47.59
Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 35,595 participants with account balances.
This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.
Among plans of its size — 10,000–49,999 participants with account balances, 825 plans in that band across the whole dataset — this plan's reported figure is between the 25th percentile and the median.
p10 $29.74p50 $64.32p90 $139.42

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H lineAs filed
Contract administrator fees$0
Investment management fees$0
Other administrative expenses$-15,001
Not broken out into any of the lines above$1,708,957
Total administrative expenses (line 2i(12))$1,693,956

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances35,595
Net plan assets, end of year$6,125,127,428
Employer contributions$153,828,040
Participant contributions$221,743,937
Late participant contributions remitted$35,217
Named as a recordkeeper on Schedule CFIDELITY INVESTMENTS INSTITUTIONAL

Late participant contributions are amounts the sponsor reported as remitted to the plan later than the deadline in 29 CFR 2510.3-102. It is reported here because the sponsor reported it, not as a judgement about it.

The recordkeeper name is the free-text string the filer typed on Schedule C, reproduced verbatim and not normalised to any company's canonical name.

Check this against the filing

Every figure above was read from Textron INC.’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20250708132051NAL0004714017001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

Baptist Health System, INC.
$47.58 per participant
17,766 with balances
Smithfield Foods Incorporated
$47.68 per participant
16,034 with balances
W. L. Gore & Associates, INC.
$47.48 per participant
10,498 with balances
Accentcare, INC.
$47.75 per participant
38,174 with balances
Jacobs Technology, INC.
$47.79 per participant
18,364 with balances
Southern Company Services, INC.
$47.80 per participant
34,850 with balances

← Look up another employer