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TEXTRONIC 401(K) PLAN 401k Plan overview

Plan NameTEXTRONIC 401(K) PLAN
Plan identification number 001

TEXTRONIC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

TEXTRONIC INC. has sponsored the creation of one or more 401k plans.

Company Name:TEXTRONIC INC.
Employer identification number (EIN):650900636

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEXTRONIC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012008-01-01JEAN TEXIER

Plan Statistics for TEXTRONIC 401(K) PLAN

401k plan membership statisitcs for TEXTRONIC 401(K) PLAN

Measure Date Value
2008: TEXTRONIC 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-013
Total number of active participants reported on line 7a of the Form 55002008-01-010
Total of all active and inactive participants2008-01-010
Total participants2008-01-010

Financial Data on TEXTRONIC 401(K) PLAN

Measure Date Value
2008 : TEXTRONIC 401(K) PLAN 2008 401k financial data
Total income from all sources2008-12-16$-2,336
Expenses. Total of all expenses incurred2008-12-16$14,364
Benefits paid (including direct rollovers)2008-12-16$14,083
Total plan assets at beginning of year2008-12-16$16,700
Value of fidelity bond covering the plan2008-12-16$50
Total contributions received or receivable from participants2008-12-16$4,320
Expenses. Other expenses not covered elsewhere2008-12-16$281
Other income received2008-12-16$-8,384
Net income (gross income less expenses)2008-12-16$-16,700
Net plan assets at beginning of year (total assets less liabilities)2008-12-16$16,700
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022008-12-16$480
Total contributions received or receivable from employer(s)2008-12-16$1,728

Form 5500 Responses for TEXTRONIC 401(K) PLAN

2008: TEXTRONIC 401(K) PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingYes
2008-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement – InsuranceYes
2008-01-01Plan benefit arrangement - TrustYes

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