401(k) · DOL Form 5500 · 2023

Boart Longyear Company 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
1,051
Participants
93rd
Percentile by assets
$122,201
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

$128M in assets, 1,051 participants

Boart Longyear Company's Boart Longyear Company 401(k) Savings Plan reported $128M in total assets and 1,051 participants in its 2023 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 127,072 plans)
  • #693 in Mining & Oil Extraction (811 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, $128M for 1,051 participants (~$122,201/participant), up 19.4% in 2023.

$128M
total plan assets (2023 EOY)
1,051
covered participants
93rd
percentile by assets (of 127,072 plans)
$122,201
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boart Longyear Company 401(k) Savings Plan reported net income rose from -$29M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Boart Longyear Company 401(k) Savings Plan end-of-year assets rose from $108M in the plan year 2022 filing to $128M in the plan year 2023 filing.
  • Boart Longyear Company 401(k) Savings Plan reported participants rose from 953 in the plan year 2022 filing to 1,051 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Boart Longyear Company 401(k) Savings Plan vs the 2023 asset distribution

By assets, Boart Longyear Company 401(k) Savings Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$128M
Net Income$21M
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. -200000200004000060000 -202468 Total assets ($B) Participants Boart Longyear Compa…Intermountain Health…Deseret 401(k) PlanZions 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 2023?
Boart Longyear Company 401(k) Savings Plan grew sharply - up 19.4% during 2023, from $108M to $128M. Reported net income was $21M.
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 127,072 plans that reported assets for plan year 2023 (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 Grand Canyon University Employees 401(k) Plan in AZ ($128M, 6,994 participants).

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