Retirement plan
BSS RETIREMENT PLAN FOR BARGAINED EMPLOYEES
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #061PY 2016
P.O. BOX 3707 M/C 9U7-03 - SEATTLE, WA 981242207866-473-2016
Prospect flagsHigh retiree %Low participant contribution
Filing contacts
From the Form 5500, federal recordPlan administrator signer
HEATHER HAYNES-O'BRIEN
Signed 09/06/2017
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)
$254.9M
-1.8% from 2016
Total participants
1,799
+6.9% from 2016
Average account balance
$0
No prior year
Annual return
6.86%
-7.82 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort324 peers
Snapshot2016
4
Participant deferral / active EE
$700
median $0
70
Employer contribution / active EE
$50,000
median $5,776
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $41,934
0
Admin fee / account holder
$0
median $128
55
Annual return
6.86%
median 6.67%
Overall peer rank
43of 100
43rd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$105.23M
Average account balance
Total assets / participants with a balance (line 6g)
$99K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
846
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
$141K
Contributions per participant
Average employer and participant contribution per enrolled participant
$455
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.69%
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
Top 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
XEROX HR SOLUTIONS, LLC2+ years Service code 13 · EIN 16-4068020 | Contract Administrator | $400,611 |
Service code 13 · EIN 04-3581074 | Contract Administrator | $195,229 |
Service code 10 · EIN 91-0425694 | Accounting | $164,204 |
WILLIS TOWERS WATSON2+ years Service code 11 · EIN 53-0181291 | Actuarial | $80,889 |
PLANTE & MORAN, PLLC2+ years Service code 10 · EIN 38-1357951 | Accounting | $45,460 |
AYCO1 year Service code 49 · EIN 33-1187432 | Other Services | $6,462 |
Enrolled actuary
1 attachment
SB
CHRISTOPHER F NOBLE
TOWERS WATSON DELAWARE INC.
Enrollment #1706196
600 UNIVERSITY STREET
SEATTLE, WA 981011176
(206) 625-1125
Signed 2017-08-07
Reportable transactions (Schedule G)
8 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 | 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 | — | — |
| Part 3 Non-exempt transaction | DRINKER BIDDLE REATH LLP | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | THE BOEING COMPANY | PLAN SPONSOR PLAN ASSETS WERE INADVERTENTLY RECEIVED BY THE PLAN SPONSOR | — | — |
| Part 3 Non-exempt transaction | KIRKLAND & ELLIS | 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 | — | — |
| Part 3 Non-exempt transaction | BLOOMBERG | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
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
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$426K
$851 / participant
- Investment mgmt$18K4.2%
- Contract admin$87K20.5%
- Other / not subdivided$321K75.3%
% of EOY assets
0.167%
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