ESOP · DOL Form 5500 · 2024

Boring Business Systems, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
59
Participants Small participant base
53rd
Percentile by assets National rank
$146,212
Avg per participant Above avg balance/head
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Official DOL plan name: Boring Business Systems, Inc. Employee Stock Ownership Plan · Sponsored by Boring Business Systems, Inc. · Florida · Real Estate

$9M in assets, 59 participants

Boring Business Systems, Inc.'s Boring Business Systems, Inc. Employee Stock Ownership Plan reported $9M in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,265 in Real Estate (4,605 peers)

Boring Business Systems, Inc. multi-year trail

Boring Business Systems, Inc.'s plans moved +159.1% in assets from 2022 to 2024; this filing shows Boring Business Systems, Inc. Employee Stock Ownership Plan at $9M / 59 participants.

#3,265
in Real Estate (4,605 peers)
+32.1%
assets growth YoY

Boring Business Systems, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Real Estate and all filers

Boring Business Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,626,500 Top 47% higher than 53% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Boring Business Systems, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Boring Business Systems, Inc. Employee Stock Ownership Plan is a small filing (59 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Boring Business Systems, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Boring Business Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 590935531 · Boring Business Systems, Inc. PY 2024 · ESOP

Boring Business Systems, Inc. Employee Stock Ownership Plan · $9M · 59 · 53rd

  • BOY $9M
  • BOY 59
  • BOY 53rd
  • BOY ESOP
  • BOY near Maxima Products Employee Stock Ownership Plan
  • BOY ind #3265

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 What is an ESOP? → · Plans in Florida →

Boring Business Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Boring Business Systems, Inc. Employee Stock Ownership PlanBoring Business Systems, Inc…$9MMaxima Products Employee Stock Ownership PlanMaxima Products Employee Sto…$9MDavies Office Refurbishing, Inc. Employee Stock Ownership PlanDavies Office Refurbishing, …$9MGeorge E. Masker, Inc. Employee Stock Ownership PlanGeorge E. Masker, Inc. Emplo…$9MTri City Glass & Door, Inc. Employee Stock Ownership PlanTri City Glass & Door, Inc. …$9M
End-of-year total assets ($M) among Boring Business Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Boring Business Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Boring Business Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 159.05405405405406% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $3.33M $8.63M ▲ +159.2%
Year Plans Participants Total Assets
2022 1 58 $3M
2023 1 59 $7M
2024 1 59 $9M

Boring Business Systems, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN590935531
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

Peer ESOP plans, same state, same plan type, ranked by total assets.

Boring Business Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Boring Business Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0086265 · Participants: 59Boring Business Systems, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership Plan
Boring Business Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Boring Business Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Boring Business Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Maxima Products Employee Stock Ownership Plan in CA ($9M); by covered participants it is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (59 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (59 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Boring Business Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Boring Business Systems, Inc. Employee Stock Ownership Plan surged - up 32.1% during 2024, from $7M to $9M. Reported net income was $2M.
How have Boring Business Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boring Business Systems, Inc.'s sponsor-wide assets grew 159.1%, from $3M to $9M.
Which ESOP plans are similar in size to Boring Business Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Maxima Products Employee Stock Ownership Plan in CA ($9M, 5 participants).
Which ESOP plans cover a similar participant headcount to Boring Business Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (59 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 590935531.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.