401(k) · DOL Form 5500 · 2022

Boart Longyear Company 401(k) Plan

Data updated 2026-08-11

$108M
Total assets
953
Participants
93rd
Percentile by assets
$112,846
Avg per participant
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Official DOL plan name: Boart Longyear Company 401(k) Savings Plan · Sponsored by Boart Longyear Company · Utah · Mining & Oil Extraction

$108M in assets, 953 participants

Boart Longyear Company's Boart Longyear Company 401(k) Savings Plan reported $108M in total assets and 953 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 93rd percentile by assets (of 139,126 plans)
  • #767 in Mining & Oil Extraction (892 peers)

Where Boart Longyear Company 401(k) Savings Plan sits by assets

Boart Longyear Company 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $108M for 953 participants (~$112,846/participant), down 21.0% in 2022.

$108M
total plan assets (2022 EOY)
953
covered participants
93rd
percentile by assets (of 139,126 plans)
$112,846
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Boart Longyear Company 401(k) Savings Plan vs the 2022 asset distribution

By assets, Boart Longyear Company 401(k) Savings Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$108M
Net Income-$29M
Employer EIN870503343
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boart Longyear Company)

$140M$160M$180M$200M 202220232024 $144M $180M ▲ +25.0%
Total plan assets by year, all Boart Longyear Company plans on file
Year Plans Participants Total Assets
2022 2 996 $144M
2023 2 1,089 $164M
2024 2 1,148 $180M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Boart Longyear Company 401(k) Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Boart Longyear Company 401(k) Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Boart Longyear Compa…Deseret 401(k) PlanIntermountain Health…Zions Bancorporation…Skywest, Inc. Employ…Autoliv Asp, Inc. Em…
Boart Longyear Company 401(k) Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Boart Longyear Company 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Boart Longyear Company 401(k) Savings Plan assets move in 2022?
Boart Longyear Company 401(k) Savings Plan declined sharply - down 21.0% during 2022, from $136M to $108M. Reported net income was -$29M.
How have Boart Longyear Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Boart Longyear Company's sponsor-wide assets grew 25.0%, from $144M to $180M.
Where does Boart Longyear Company 401(k) Savings Plan rank by assets among Form 5500 filers?
Boart Longyear Company 401(k) Savings Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Boart Longyear Company 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Rodey Dickason Sloan Akin & Robb PA Employees' Tax-Deferred Retirement Plan and Trust in NM ($108M, 132 participants).

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