Plan Ledger DOL Form 5500 · updated monthly

The Boeing Co. and Consolidated Subsidiaries401(k) + ESOP (KSOP)

THE BOEING COMPANY 401(K) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Employer contribution per participant · 2024
$9,911

The Boeing Co. and Consolidated Subsidiaries's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $73,834,695,477 across 215,449 participant accounts, with employer contributions averaging $9,911 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 2nd-largest of 1,714 plans among Washington employers on file, and the 1st of 13,661 in manufacturing. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 128,909 to 143,146 since 2022.

Plan summary
Net assets, end of year$73,834,695,477
Participants with balances215,449
Active participants143,146
Employer contributions$1,418,650,874
Employee contributions$1,882,831,706
Employer contribution per active participant$9,911
Average account balance$342,702
Benefits paid to participants$7,195,941,264
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE & TOUCHE,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.8B · 215,449 accts · $1.4B emplr
2023$72.1B · 215,082 accts · $1.6B emplr
2022$63.4B · 207,370 accts · $1.4B emplr
The The Boeing Co. and Consolidated Subsidiaries 401(k) match · 2024
Employer contribution per active participant$9,911
Median for plans this size$5,259
2024$9,911 per active participant
2023$11,146 per active participant
2022$10,962 per active participant

The Boeing Co. and Consolidated Subsidiaries's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · Washington
Rtx Corporation CT$58.6B · 0.02%
Lockheed Martin Corporation MD$51.4B · 0.01%
Cisco Systems,Inc. CA$26.4B · 0.03%
Paccar Inc WA$3.1B · 0.02%
Weyerhaeuser Company WA$2.4B · 0.04%
Fortive Corporation WA$2.1B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910425694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.