401(k) · DOL Form 5500 · 2023

Tbc - the Boring Company 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets: 226
Participants Below avg headcount: 34th
Percentile by assets National rank: $11,591
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: The Boring Company · Sponsored by Tbc - the Boring Company · Texas · Transportation & Warehousing

$3M in assets, 226 participants

Tbc - the Boring Company's The Boring Company reported $3M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

#1,115 in Transportation & Warehousing (3,362 peers)

Coverage in Texas

The Boring Company covers 226 participants in Texas, about 33% of the average Texas filer (state average ~688 per filing). Assets: $3M.

#1,115
in Transportation & Warehousing (3,362 peers): +37.6%
assets growth YoY

The Boring Company's mid-pack asset rank among Transportation & Warehousing and all filers

The Boring Company vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,619,472 34th percentile higher than 34% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Boring Company among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Boring Company sits mid-pack in the medium band (226 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

The Boring Company reported net income rose from $158K in the plan year 2022 filing to $749K in the plan year 2023 filing.
The Boring Company end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
The Boring Company reported participants rose from 170 in the plan year 2022 filing to 226 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 820839443 · Tbc - the Boring Company PY 2023 · 401(k)

The Boring Company · $3M · 226 · 34th

EBSA $3M
EBSA 226
EBSA 34th
EBSA 401(k)
EBSA near Bhe Consulting, Inc. 401(k)Plan
EBSA ind #1115

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Texas →

End-of-year total assets ($M) among The Boring Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$3M
Net Income	$749K
Employer EIN	820839443
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Tbc - the Boring Company)

Latest sponsor-wide plan assets: $4M 100.1945005628327% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	170	$2M
2023	1	226	$3M
2024	1	249	$4M

Nearby 401(k) Plans in Texas

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

The Boring Company vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare The Boring Company side-by-side with 3 peers →

The Boring Company's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Bhe Consulting, Inc. 401(k)Plan in MA ($3M); by covered participants it is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Bhe Consulting, Inc. 401(k)Plan (MA) $3M · 13
Marietta Country Club, Inc. 401(k) Profit Sharing Plan (GA) $3M · 123
Transport Workers Union Local 100 401(k) Plan (NY) $3M · 893
Creative Builder Services Inc. Retirement Plan (FL) $3M · 21

Similar participant headcount

Nearest other-state filings by covered participants (226 participants); asset peers above are excluded.

Cogent, Inc. Profit Sharing 401(k) Plan (MO) 226 · 0 off
Community Wholesale Tire 401(k) Plan (MO) 226 · 0 off
Oxygen Development Retirement & Savings Plan (FL) 226 · 0 off
Certified 401(k) Plan (FL) 226 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Boring Company assets move in 2023? ▼

The Boring Company surged - up 37.6% during 2023, from $2M to $3M. Reported net income was $749K.

How have Tbc - the Boring Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Tbc - the Boring Company's sponsor-wide assets grew 100.2%, from $2M to $4M.

Which 401(k) plans are similar in size to The Boring Company? ▼

Among 401(k) plans in other states, the closest by assets is Bhe Consulting, Inc. 401(k)Plan in MA ($3M, 13 participants).

Which 401(k) plans cover a similar participant headcount to The Boring Company? ▼

Among 401(k) plans in other states, the closest by covered participants is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants, $29M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 820839443.