Textron Inc.
Overview
Textron Inc. sponsors a self-funded health plan that covered 16,066 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 16,066 · prior year 16,314
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Textron Non-Bargained Medical Plan, plan 525 (16,066 participants); Textron Bargained Medical Plan, plan 526 (6,605 participants); Textron Flex Benefits Plan, plan 986 (942 participants)
- Broker compensation
- $704K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Short-term disability, Long-term disability | 37,411 | $39.7M | $704K |
| UnitedHealthcare Insurance Company | Medical | 1,088 | $1.6M | — |
| Cigna Health and Life Insurance Company and Affiliates | Dental, HMO | 2,274 | $1.4M | — |
| AIG | Accidental Death and Dismemberment | 34,194 | $616K | — |
| Tufts Associated Health Maintenance Organization, Inc. | Medical | 71 | $295K | — |
| Sierra Health and Life Insurance Company, Inc. | Medical | 25 | $147K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 16,066 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Textron Inc.
- Sponsor EIN
- 05-0315468
- Plan numbers
- 525, 526, 986
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 05-0315468 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Textron Master Retirement Plan
- Type
- Pension plan
- Participants
- 50,168
About this data
Source: Textron Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Textron Inc..