The Boring Company — Form 5500 plan (Tbc - The Boring Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Boring Company is a benefit plan reported by Tbc - The Boring Company under EIN 82-0839443 and plan number 001. The latest loaded filing year is 2023. The filing reports 327 participants and $2,619,472 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.6MPlan net assets, end of year$2,619,472
Participants327Covered participants reported
Assets / participant$8KComputed: assets ÷ participants$8,011 (computed)
Provider compensation$9.4K1 Schedule C provider row(s)$9,426
Plan sponsor
Tbc - The Boring Company
EIN
82-0839443
Plan number
001
Plan type
2
Location
Bastrop, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023327H, C20241014122344NAL0044467040001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.6M total assets
Net assets$2.6MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$306.1K
Benefits paid / distributions$296.7K
Contributions
Employer$5.1K
Participant$622.3K
Full reported line items

Net assets

Total assets (EOY)
$2,619,472
Total liabilities (EOY)
$0
Net assets (EOY)
$2,619,472
Net assets (BOY)
$1,870,038

Income & contributions

Employer contributions
$5,132
Participant contributions
$622,295
Total contributions
$671,796
Total income / additions
$1,055,570

Expenses & distributions

Benefits paid
$296,710
Administrative expenses
$9,426
Total expenses
$306,136
Net increase / (decrease)
$749,434
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 1%Participant 99%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Human Interest Advisor LLCRECORDKEEPER$9,426not reported in the loaded dataset2023

Related Form 5500 pages