Filed December 15, 1995 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $1,651,056 |
TEXTRON INC. ADMIN1 year Filed as: TEXTRON INC Service code 14 · EIN 05-0315468 | Plan Administrator | $124,974 |
ERNST & YOUNG LLP2+ years Filed as: ERNST & YOUNG Service code 10 · EIN 34-6565596 | Accounting | $62,450 |
COVINGTON & BURLING LLP2+ years Filed as: COVINGTON & BURLINGTON Service code 29 · EIN 53-0188411 | Legal | $57,353 |
NORTHGATE IV LP2+ years Filed as: NORTHGATE ARINSO Service code 99 · EIN 65-1205969 | Other Fees | $39,695 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,969 | $126,925-15.7% | $74,184+44.2% | $329,111-67.5% |
| Participation rate | 94.9% | 87.5%+7.4pp | 76.6%+18.3pp | 67.9%+27.1pp |
| Annual return | 9.01% | 10.67%-1.7pp | 17.74%-8.7pp | 16.35%-7.3pp |
| Employer contribution / active EE | $3,859 | $3,536+9.1% | $2,370+62.8% | $2,303+67.5% |
| Participant deferral / active EE | $6,231 | $6,619-5.9% | $3,550+75.5% | $3,682+69.2% |
| Admin fee / account holder | $54 | $64-15.3% | $5,586-99.0% | $754-92.9% |