401(k) · DOL Form 5500 · 2024

Boart Longyear Company 401(k) Plan

Data updated 2026-08-11

$146M
Total assets
1,113
Participants
93rd
Percentile by assets
$130,778
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

$146M in assets, 1,113 participants

Boart Longyear Company's Boart Longyear Company 401(k) Savings Plan reported $146M in total assets and 1,113 participants in its 2024 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 123,622 plans)
  • #679 in Mining & Oil Extraction (785 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, $146M for 1,113 participants (~$130,778/participant), up 13.3% in 2024.

$146M
total plan assets (2024 EOY)
1,113
covered participants
93rd
percentile by assets (of 123,622 plans)
$130,778
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Boart Longyear Company 401(k) Savings Plan reported net income fell from $21M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Boart Longyear Company 401(k) Savings Plan end-of-year assets rose from $128M in the plan year 2023 filing to $146M in the plan year 2024 filing.
  • Boart Longyear Company 401(k) Savings Plan reported participants rose from 1,051 in the plan year 2023 filing to 1,113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Boart Longyear Company 401(k) Savings Plan vs the 2024 asset distribution

By assets, Boart Longyear Company 401(k) Savings Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$146M
Net Income$17M
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. -20000020000400006000080000 -202468 Total assets ($B) Participants Boart Longyear Compa…Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Skywest, Inc. Employ…Rio Tinto America In…
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 2024?
Boart Longyear Company 401(k) Savings Plan grew at a solid clip - up 13.3% during 2024, from $128M to $146M. Reported net income was $17M.
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 123,622 plans that reported assets for plan year 2024 (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 Non-Union Employees 401(k) Plan in MI ($146M, 839 participants).

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