Retirement plan

THE BOEING COMPANY 401(K) RETIREMENT PLAN

THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #002PY 2024
P.O. BOX 3707 M/C 6X5-08 - SEATTLE, WA 981242207866-473-2016
Prospect flagsLow returnsHigh assets / participant

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(866) 473-2016
Plan administrator signer
GREGORY MARCHAND
Signed 07/25/2025
Plan administrator entity
EMPLOYEE BENEFIT PLANS COMMITTEE
EIN 582405861
100 N. RIVERSIDE PLAZA ยท CHICAGO, IL 606061596
(312) 544-2297

Summary metrics

Total assets (EOY)
$73910.5M
-6.5% from 2016
Total participants
217,061
+4.0% from 2016
Average account balance
$343,053
-10.1% from 2016
Annual return
7.69%
-4.13 pp from 2016

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort98 peers
Snapshot2024
Participant deferral / active EE
$13,153
median $8,651
Employer contribution / active EE
$9,911
median $5,348
Participation rate
98.9%
median 96.5%
Avg account balance
$343,053
median $170,590
Admin fee / account holder
$0
median $62
Annual return
7.69%
median 15.21%
Overall peer rank
73rd 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)

Plans declared (1)

  • Excess Compensation Contribution Plan24 emp

Plan features & details

Pension benefit codes2E2G2J2K2O2S2T3F3H2F
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 2K
    Code section 401(m) arrangement
    Employee 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.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan 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