Retirement plan
THE BOEING COMPANY VOLUNTARY INVESTMENT PLAN
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #002PY 2021
P.O. BOX 3707 M/C 6X7-04 - SEATTLE, WA 981242207866-473-2016
Other plans on this EIN
10 filingsProspect flagsLow returnsHigh assets / participant
Filing contacts
From the Form 5500, federal recordPlan administrator signer
INGRID WILLIAMS
Signed 07/28/2022
Plan administrator entity
EMPLOYEE BENEFIT PLANS COMMITTEE
EIN 582405861
929 LONG BRIDGE DRIVE · ARLINGTON, VA 22202
(312) 544-2297Summary metrics
Total assets (EOY)
$73872.5M
-6.5% from 2016
Total participants
202,854
+4.0% from 2016
Average account balance
$364,666
-10.1% from 2016
Annual return
11.92%
-4.13 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort94 peers
Snapshot2021
87
Participant deferral / active EE
$12,581
median $7,803
95
Employer contribution / active EE
$10,415
median $4,368
97
Participation rate
99.8%
median 95.8%
97
Avg account balance
$364,666
median $166,140
87
Admin fee / account holder
$0
median $68
8
Annual return
11.92%
median 15.87%
Overall peer rank
78of 100
78th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$73.91B
Average account balance
Total assets / participants with a balance (line 6g)
$343K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
215,449
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.9%
Contributions (total)
Employer and participant dollars contributed each year
$3.30B
Contributions per participant
Average employer and participant contribution per enrolled participant
$23K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.69%
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
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
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 codes2E2G2J2K2O2S2T3F3H2F
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 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
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- DELOITTE & TOUCHE,LLP
- Auditor EIN
- 133891517
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified