PlanOptica
Retirement plan

BOEING NORTH AMERICAN RETIREMENT PLAN

THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #048PY 2023
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P.O. BOX 3707 M/C 6X7-04 - SEATTLE, WA 981242207866-473-2016
Other plans on this EIN
10 filings
#002Retirement-$72.25B assets#100Retirement-$25.04B assets#001Retirement-$16.33B assets#102Retirement-$1.81B assets#103Retirement-$1.46B assets#005Retirement-$551.9M assets#060Retirement-$489.7M assets#061Retirement-$115.5M assets#104Retirement-$104.9M assets#003Retirement-$67.3M assets
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(866) 473-2016
Plan administrator signer
GREGORY D. MARCHAND
Signed 09/09/2024
Plan administrator entity
EMPLOYEE BENEFIT PLANS COMMITTEE
EIN 582405861
100 N. RIVERSIDE PLAZA · CHICAGO, IL 606061596
(312) 544-2297
How to read this page

Summary metrics

Total assets (EOY)
$2483M
+3.1% from 2016
Total participants
28,513
+5.3% from 2016
Average account balance
$0
No prior year
Annual return
7.65%
-8.12 pp from 2016

Benchmarks

See 179 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants100-249
Cohort179 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $6,010
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $59,936
Admin fee / account holder
$0
median $952
Annual return
7.65%
median 8.93%
Overall peer rank
43rd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$2.30B
Average account balance
Total assets / participants with a balance (line 6g)
$86K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
26,604
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
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.92%
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 8 by compensation
ProviderService typeCompensation
FIDELITY INV INST'L OP CO, LLC2 years
Service code 15 · EIN 04-3532603
Recordkeeping
$940,608
WILLIS TOWERS WATSON US LLC5 years
Service code 11 · EIN 53-0181291
Actuarial
$148,081
DELOITTE & TOUCHE LLP5 years
Service code 10 · EIN 13-3891517
Accounting
$72,128
THE BOEING CO AND CONSOLIDATED SUBS9+ years
Service code 10 · EIN 91-0425694
Accounting
$51,188
FOLEY & LARDNER LLP8 years
Service code 29 · EIN 39-0473800
Legal
$45,251
CONDUENT HR SERVICES, LLC7 years
Service code 99 · EIN 04-3609848
Other Fees
$35,216
HERRONPALMER5 years
Service code 16 · EIN 46-5438594
Consulting
$22,414
STATE STREET BANK AND TRUST5 years
Service code 49 · EIN 04-1867445
Other Services
$16,428

Enrolled actuary

1 attachment
SB

EMILY L. CARLSON

WILLIS TOWERS WATSON US LLC
Enrollment #2306985
600 UNIVERSITY STREET
SUITE 2528
SEATTLE, WA 981011176
(206) 625-1125
Signed 2024-07-22

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
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (1)

  • Excess Compensation Contribution Plan24 emp
Open the filing PDF

Plan features & details

Pension benefit codes1B1I3F3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 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
  • 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
$4.2M
$30807 / participant
  • Legal$45K1.1%
  • Actuarial$146K3.5%
  • Salaries / allowances$51K1.2%
  • Contract admin$992K23.5%
  • Other / not subdivided$3M70.8%
% of EOY assets
0.170%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used

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
$72,128
Opinion code
Unqualified