Retirement plan
THE PENSION VALUE PLAN FOR EMPLOYEES OF THE BOEING COMPANY
THE BOEING CO. AND CONSOLIDATED SUBSIDIARIESEIN 91-0425694Plan #100PY 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 09/19/2016
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)
$28777.2M
-0.9% from 2016
Total participants
178,735
+1.8% from 2016
Average account balance
$0
No prior year
Annual return
-1.20%
-8.27 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
38
Annual return
-1.20%
median -0.88%
Overall peer rank
38of 100
38th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$23.34B
Average account balance
Total assets / participants with a balance (line 6g)
$202K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
88,420
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
$1.22B
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$33K
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
+1.75%
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 of 11 by compensation
| Provider | Service type | Compensation |
|---|---|---|
XEROX HR SOLUTIONS, LLC1+ years Service code 13 · EIN 16-4068020 | Contract Administrator | $9,147,455 |
Service code 10 · EIN 91-0425694 | Accounting | $3,432,031 |
AYCO1+ years Service code 49 · EIN 33-1187432 | Other Services | $1,453,377 |
Service code 13 · EIN 04-3581074 | Contract Administrator | $1,016,430 |
WILLIS TOWERS WATSON1+ years Service code 11 · EIN 53-0181291 | Actuarial | $398,928 |
PLANTE & MORAN, PLLC1+ years Service code 10 · EIN 38-1357951 | Accounting | $89,938 |
IVINS, PHILLIPS & BARKER1+ years Service code 29 · EIN 52-1229560 | Legal | $43,456 |
DELOITTE & TOUCHE, LLP1+ years Service code 10 · EIN 13-3891517 | Accounting | $41,548 |
DCG ONE1+ years Service code 36 · EIN 91-2132033 | Other services; Copying and duplicating | $17,902 |
Service code 16 · EIN 22-2232264 | Consulting | $17,575 |
Enrolled actuary
1 attachment
SB
SUZANNE C. WYATT
TOWERS WATSON DELAWARE, INC.
Enrollment #1405855
300 SOUTH GRAND AVENUE, SUITE 2000
LOS ANGELES, CA 90071
(702) 898-5797
Signed 2016-07-07
Reportable transactions (Schedule G)
5 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 | AYCO | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO PAY EXPENSES THAT SHOULD NOT HAVE BEEN PAID BY THE PLAN | — | — |
| 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 codes1C3F3H
Plan features
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 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
$83.0M
$1340 / participant
- Investment mgmt$2M2.4%
- Contract admin$10M12.2%
- Other / not subdivided$71M85.3%
% of EOY assets
0.288%
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