Virginia › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Non-Contributory Retirement Plan
Sponsored by The Boeing Co. and Consolidated Subsidiaries, Arlington, VA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Boeing Co. and Consolidated Subsidiaries of Arlington, Virginia sponsors Non-Contributory Retirement Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 3,538 participants (900 active) and $514M in net assets.
Net assets came to $145,209 per participant, well above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well above the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $506K: $143 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $886K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $489M in 2009 to $514M in 2024 (up 5%), and participants from 5,109 to 3,538 (down 31%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $145,209 | $87,935 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $10,593 | $6,915 | $10,244 |
| Schedule C compensation per participant | $143 | $325 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.10% | 0.41% | 0.47% | 0.42% |
| Administrative expenses per participant | $250 | $513 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 3,538 | $514M | $145,209 | — | — | $506K |
| 2023 | 3,696 | $552M | $149,231 | — | — | $535K |
| 2022 | 3,898 | $574M | $147,281 | — | — | $932K |
| 2021 | 4,072 | $764M | $187,618 | — | — | $566K |
| 2020 | 4,174 | $757M | $181,300 | $3.0M | — | $374K |
| 2019 | 4,237 | $682M | $160,968 | — | — | $400K |
| 2018 | 4,347 | $603M | $138,815 | — | — | $349K |
| 2017 | 4,454 | $669M | $150,188 | $19.9M | — | $451K |
| 2016 | 4,542 | $599M | $131,795 | — | — | $463K |
| 2015 | 4,678 | $595M | $127,259 | — | — | $616K |
| 2014 | 4,839 | $639M | $132,068 | — | — | $490K |
| 2013 | 5,016 | $609M | $121,338 | — | — | $429K |
| 2012 | 5,131 | $603M | $117,553 | — | — | $456K |
| 2011 | 5,120 | $562M | $109,830 | $20.0M | — | $476K |
| 2010 | 5,089 | $527M | $103,640 | — | — | $596K |
| 2009 | 5,109 | $489M | $95,758 | $13.0M | — | $596K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$551,557,113
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$11,527,236
- Benefits paid$48,447,529
- Administrative expenses$885,942
- Total expenses$49,333,471
- Net income−$37,806,235
- Net transfers$0
- Net assets, end of year$513,750,878
Participants
- Active participants900
- Retired or separated, receiving benefits1,662
- Retired or separated, entitled to future benefits247
- Total participants, end of year3,538
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fidelity Inv Inst'l Op Co., LLC | Contract Administrator; Recordkeeping and information management; Other services | $224,089 | $0 |
| Willis Towers Watson US LLC | Actuarial; Consulting (general); Consulting (pension) | $149,300 | $0 |
| The Boeing Co. and Consolidated Subs | Accounting (including auditing); Plan Administrator; Investment management | $66,143 | $0 |
| Deloitte & Touche LLP | Accounting (including auditing) | $39,322 | $0 |
| Foley & Lardner LLP | Legal | $27,573 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$393,865
- Contract administrator fees$228,241
- Actuarial fees$130,798
- Salaries and allowances$66,143
- IQPA audit fees$39,322
- Legal fees$27,573
- Total administrative expenses$885,942
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$514M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmDeloitte & Touche, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $85,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)1IFrozen plan3FPlan sponsor(s) received services of leased employees3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 336410: Aerospace Product & Parts Mfg.
Other plans of The Boeing Co. and Consolidated Subsidiaries
| Plan | Participants | Net assets |
|---|---|---|
| The Boeing Company 401(k) Retirement Plan | 217,061 | $73.8B |
| The Pension Value Plan for Employees of the Boeing Company | 115,617 | $23.3B |
| The Boeing Company Employee Retirement Plan | 115,404 | $15.4B |
| Boeing North American Retirement Plan | 26,727 | $2.29B |
| Employee Retirement Income Plan - Hourly West | 18,566 | $1.71B |
| Employee Retirement Income Plan - Hourly East | 12,326 | $1.37B |
| BSS Retirement Plan | 2,265 | $418M |
| Aviall, Inc. Retirement Plan | 1,872 | $98.0M |
Similar plans in Virginia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| General Dynamics Retirement Plan (Bath Iron Works) | General Dynamics Corporation | 4,847 | $429M | $88,434 |
| Employees' Retirement Plan of Stihl, Incorporated | Stihl, Incorporated | 2,989 | $155M | $51,991 |
| Bae Space & Mission Systems Pension Plan | Bae Systems, Inc. | 4,891 | $417M | $85,284 |
| NG Master Inactive Qualified Plan | Northrop Grumman Corporation | 2,899 | $104M | $35,887 |
| BWXT Retirement Plan | BWXT Investment Company | 5,285 | $688M | $130,234 |
| NG Es Union Represented Employees Pension Plan | Northrop Grumman Corporation | 2,855 | $632M | $221,198 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Non-Contributory Retirement Plan?
3,538 participants at the end of the plan year ending 31 Dec 2024, of whom 900 were active employees, with net assets of $513,750,878. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does The Boeing Co. and Consolidated Subsidiaries contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $506,427 in compensation to service provider organisations, $143 per participant or 0.10% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $885,942. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Boeing Co. and Consolidated Subsidiaries. Recordkeeping or administration: Fidelity Inv Inst'l Op Co., LLC and The Boeing Co. and Consolidated Subs. Investment advisory or management: The Boeing Co. and Consolidated Subs. The financial statements were audited by Deloitte & Touche, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 13 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 91-0425694, plan 005, received 13 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.