Retirement plan
THE BOEING COMPANY EMPLOYEE RETIREMENT PLAN
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #001PY 2015
P.O. BOX 3707 M/C 9U7-03 - SEATTLE, WA 981242207866-473-2016
Prospect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
HEATHER HAYNES-O'BRIEN
Signed 09/20/2016
Plan administrator entity
EMPLOYEE BENEFIT PLANS COMMITTEE THE BOEING COMPANY
EIN 582405861
100 N. RIVERSIDE PLAZA · CHICAGO, IL 606061596
(312) 544-2297Summary metrics
Total assets (EOY)
$17520.7M
-1.4% from 2016
Total participants
148,029
+2.4% from 2016
Average account balance
$0
No prior year
Annual return
-1.06%
-8.03 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $28
0
Employer contribution / active EE
$0
median $5,273
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $47,522
0
Admin fee / account holder
$0
median $275
42
Annual return
-1.06%
median -0.88%
Overall peer rank
42of 100
42nd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$15.38B
Average account balance
Total assets / participants with a balance (line 6g)
$133K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
85,193
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$1.75B
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$47K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.79%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 by compensation
| Provider | Service type | Compensation |
|---|---|---|
XEROX HR SOLUTIONS, LLC1+ years Service code 13 · EIN 16-4068020 | Contract Administrator | $7,659,608 |
Service code 10 · EIN 91-0425694 | Accounting | $1,986,241 |
AYCO1+ years Service code 49 · EIN 33-1187432 | Other Services | $1,774,564 |
Service code 13 · EIN 04-3581074 | Contract Administrator | $673,228 |
WILLIS TOWERS WATSON1+ years Service code 11 · EIN 53-0181291 | Actuarial | $157,092 |
PLANTE & MORAN, PLLC1+ years Service code 10 · EIN 38-1357951 | Accounting | $64,923 |
IVINS, PHILLIPS & BARKER1+ years Service code 29 · EIN 52-1229560 | Legal | $28,851 |
DELOITTE & TOUCHE, LLP1+ years Service code 10 · EIN 13-3891517 | Accounting | $25,472 |
DCG ONE1+ years Service code 36 · EIN 91-2132033 | Other services; Copying and duplicating | $17,887 |
Service code 16 · EIN 22-2232264 | Consulting | $10,036 |
Enrolled actuary
1 attachment
SB
EMILY L CARLSON
TOWERS WATSON DELAWARE INC.
Enrollment #1406985
600 UNIVERSITY STREET, SUITE 3100
SEATTLE, WA 98101
(206) 625-1125
Signed 2016-07-07
Reportable transactions (Schedule G)
4 rows
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | THE BOEING COMPANY | PLAN SPONSOR PLAN ASSETS WERE INADVERTENTLY RECEIVED BY THE PLAN SPONSOR | — | — |
| Part 3 Non-exempt transaction | WILLIAM BLAIR | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | PIMCO | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | J.P. MORGAN | TRUSTEE PLAN ASSETS WERE INADVERTENTLY USED TO MAKE OVERPAYMENTS TO THE TRUSTEE | — | — |
Top hat statement on fileNQDC
Filed March 17, 2022 (most recent of 7 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
100 North Riverside Plaza, MC 5002-8421
Chicago, IL 60606
Plans declared (1)
- Excess Compensation Contribution Plan24 emp
Plan features & details
Pension benefit codes1A3F3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$22.4M
$389 / participant
- Investment mgmt$1M5.4%
- Contract admin$8M37.1%
- Other / not subdivided$13M57.5%
% of EOY assets
0.128%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PLANTE & MORAN, PLLC
- Auditor EIN
- 381357951
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified