DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Textron Master Retirement Plan

Corporate pensionProvidence, RI
Assets
$5.9B
Total assets, Dec 31, 2025 reported
Funded
104.4%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2025
Commitments
0
2 managers on Schedule C
Plan sponsor: Textron Inc.
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
1 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
40 readings
Total assets
$5.9B Dec 31, 2025 reported Form 5500
$5.5B (2024-12) · $5.2B (2023-12) · $5.0B (2022-12)
Plan assets
$5.5B Jan 1, 2025 reported Form 5500
$5.2B (2024-01) · $5.0B (2023-01) · $6.2B (2022-01)
Net assets
$5.9B Dec 31, 2025 reported Form 5500
$5.5B (2024-12) · $5.2B (2023-12) · $5.0B (2022-12)
Funded ratio
104.4% Jan 1, 2025 reported Form 5500
110.8% (2024-01) · 112.5% (2023-01) · 116.4% (2022-01)
Funding target
$4.0B Jan 1, 2025 reported Form 5500
$4.1B (2024-01) · $4.1B (2023-01) · $4.0B (2022-01)
Discount rate
5.37% Jan 1, 2025 reported Form 5500
5.14% (2024-01) · 5.26% (2023-01) · 5.42% (2022-01)
Participants
50,168 Jan 1, 2025 reported Form 5500
51,703 (2024-01) · 53,000 (2023-01) · 54,844 (2022-01)
Contributions
$0 Dec 31, 2025 reported Form 5500
$0 (2024-12) · $0 (2023-12) · $0 (2022-12)
Benefits paid
$274M Dec 31, 2025 reported Form 5500
$270M (2024-12) · $265M (2023-12) · $269M (2022-12)
Net investment income
$437M Dec 31, 2025 reported Form 5500
$207M (2024-12) · $268M (2023-12) · $-1.3B (2022-12)
Form 5500 filings
4 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 202550,168$5.5B$4.0B104.4%$5.9Bn/a$5.9Bn/a
2024 to Dec 31, 202451,703$5.2B$4.1B110.8%$5.5Bn/a$5.5Bn/a
2023 to Dec 31, 202353,000$5.0B$4.1B112.5%$5.2Bn/a$5.2Bn/a
2022 to Dec 31, 202254,844$6.2B$4.0B116.4%$5.0Bn/a$5.0Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
3 events
  • Jan 1, 2025Funded status changed
    Textron Master Retirement Plan funded ratio 110.8% -> 104.4% (2024-01-01 to 2025-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Textron Master Retirement Plan funded ratio 116.4% -> 112.5% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Textron Master Retirement Plan plan assets $6.2B -> $5.0B (-19.6%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 050315468-076
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.