Civic Intelligence

Boring Business Equipment

Plan context: Boring Business Systems Inc. Employee Stock Ownership Plan

EIN 59-0935531 • Lakeland, FL • 36 filings • 5 plans

950 East Main StreetLakeland, FL 33801
Current Snapshot

Latest Year

2024

2024 Participants

58

2024 Assets

$11,487,961

2024 Contributions

$665,614

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$11,487,961$5,743,981$0199920142024YearValue
$11,487,961Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

64320199920122024YearValue
58Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024258$11,487,961$665,614$11,476iApproximate average salary by contribution assumption: employee only about $286,903 at 4% or $191,268 at 6%; with 50% employer match about $191,268 at 4% or $127,512 at 6%; with 100% employer match about $143,451 at 4% or $95,634 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-58$8,626,500$527,412$9,093iApproximate average salary by contribution assumption: employee only about $227,333 at 4% or $151,555 at 6%; with 50% employer match about $151,555 at 4% or $101,037 at 6%; with 100% employer match about $113,666 at 4% or $75,778 at 6%.
Boring Business Equipment 401K Plan-38$2,861,461$138,202$3,637iApproximate average salary by contribution assumption: employee only about $90,922 at 4% or $60,615 at 6%; with 50% employer match about $60,615 at 4% or $40,410 at 6%; with 100% employer match about $45,461 at 4% or $30,307 at 6%.
2023258$9,161,144$1,088,114$18,761iApproximate average salary by contribution assumption: employee only about $469,015 at 4% or $312,676 at 6%; with 50% employer match about $312,676 at 4% or $208,451 at 6%; with 100% employer match about $234,507 at 4% or $156,338 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-58$6,530,000$848,963$14,637iApproximate average salary by contribution assumption: employee only about $365,932 at 4% or $243,955 at 6%; with 50% employer match about $243,955 at 4% or $162,637 at 6%; with 100% employer match about $182,966 at 4% or $121,977 at 6%.
Boring Business Equipment 401K Plan-44$2,631,144$239,151$5,435iApproximate average salary by contribution assumption: employee only about $135,881 at 4% or $90,588 at 6%; with 50% employer match about $90,588 at 4% or $60,392 at 6%; with 100% employer match about $67,941 at 4% or $45,294 at 6%.
2022250$5,593,102$885,299$17,706iApproximate average salary by contribution assumption: employee only about $442,650 at 4% or $295,100 at 6%; with 50% employer match about $295,100 at 4% or $196,733 at 6%; with 100% employer match about $221,325 at 4% or $147,550 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-50$3,330,000$701,739$14,035iApproximate average salary by contribution assumption: employee only about $350,870 at 4% or $233,913 at 6%; with 50% employer match about $233,913 at 4% or $155,942 at 6%; with 100% employer match about $175,435 at 4% or $116,957 at 6%.
Boring Business Equipment 401K Plan-44$2,263,102$183,560$4,172iApproximate average salary by contribution assumption: employee only about $104,295 at 4% or $69,530 at 6%; with 50% employer match about $69,530 at 4% or $46,354 at 6%; with 100% employer match about $52,148 at 4% or $34,765 at 6%.
2021258$7,137,228$889,601$15,338iApproximate average salary by contribution assumption: employee only about $383,449 at 4% or $255,632 at 6%; with 50% employer match about $255,632 at 4% or $170,422 at 6%; with 100% employer match about $191,724 at 4% or $127,816 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-54$4,290,000$702,650$13,012iApproximate average salary by contribution assumption: employee only about $325,301 at 4% or $216,867 at 6%; with 50% employer match about $216,867 at 4% or $144,578 at 6%; with 100% employer match about $162,650 at 4% or $108,434 at 6%.
Boring Business Equipment 401K Plan-58$2,847,228$186,951$3,223iApproximate average salary by contribution assumption: employee only about $80,582 at 4% or $53,722 at 6%; with 50% employer match about $53,722 at 4% or $35,814 at 6%; with 100% employer match about $40,291 at 4% or $26,861 at 6%.
2020263$3,361,415$721,973$11,460iApproximate average salary by contribution assumption: employee only about $286,497 at 4% or $190,998 at 6%; with 50% employer match about $190,998 at 4% or $127,332 at 6%; with 100% employer match about $143,249 at 4% or $95,499 at 6%.
Boring Business Equipment 401K Plan-63$2,511,390$280,907$4,459iApproximate average salary by contribution assumption: employee only about $111,471 at 4% or $74,314 at 6%; with 50% employer match about $74,314 at 4% or $49,543 at 6%; with 100% employer match about $55,736 at 4% or $37,157 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-47$850,025$441,066$9,384iApproximate average salary by contribution assumption: employee only about $234,610 at 4% or $156,406 at 6%; with 50% employer match about $156,406 at 4% or $104,271 at 6%; with 100% employer match about $117,305 at 4% or $78,203 at 6%.
2019364$2,611,557$620,435$9,694iApproximate average salary by contribution assumption: employee only about $242,357 at 4% or $161,572 at 6%; with 50% employer match about $161,572 at 4% or $107,714 at 6%; with 100% employer match about $121,179 at 4% or $80,786 at 6%.
Boring Business Equipment 401K Plan-64$2,071,557$220,435$3,444iApproximate average salary by contribution assumption: employee only about $86,107 at 4% or $57,405 at 6%; with 50% employer match about $57,405 at 4% or $38,270 at 6%; with 100% employer match about $43,054 at 4% or $28,702 at 6%.
Boring Business Systems Inc. Employee Stock Ownership Plan-50$540,000$400,000$8,000iApproximate average salary by contribution assumption: employee only about $200,000 at 4% or $133,333 at 6%; with 50% employer match about $133,333 at 4% or $88,889 at 6%; with 100% employer match about $100,000 at 4% or $66,667 at 6%.
BORING BUSINESS SYSTEMS, INC. CASH BALANCE PLAN-0$0$0-
2018264$2,307,375$454,488$7,101iApproximate average salary by contribution assumption: employee only about $177,534 at 4% or $118,356 at 6%; with 50% employer match about $118,356 at 4% or $78,904 at 6%; with 100% employer match about $88,767 at 4% or $59,178 at 6%.
Boring Business Equipment 401K Plan-64$1,594,289$330,554$5,165iApproximate average salary by contribution assumption: employee only about $129,123 at 4% or $86,082 at 6%; with 50% employer match about $86,082 at 4% or $57,388 at 6%; with 100% employer match about $64,561 at 4% or $43,041 at 6%.
BORING BUSINESS SYSTEMS, INC. CASH BALANCE PLAN-50$713,086$123,934$2,479iApproximate average salary by contribution assumption: employee only about $61,967 at 4% or $41,311 at 6%; with 50% employer match about $41,311 at 4% or $27,541 at 6%; with 100% employer match about $30,983 at 4% or $20,656 at 6%.
2017261$2,047,164$722,465$11,844iApproximate average salary by contribution assumption: employee only about $296,092 at 4% or $197,395 at 6%; with 50% employer match about $197,395 at 4% or $131,597 at 6%; with 100% employer match about $148,046 at 4% or $98,697 at 6%.
Boring Business Equipment 401K Plan-61$1,441,117$457,465$7,499iApproximate average salary by contribution assumption: employee only about $187,486 at 4% or $124,990 at 6%; with 50% employer match about $124,990 at 4% or $83,327 at 6%; with 100% employer match about $93,743 at 4% or $62,495 at 6%.
BORING BUSINESS SYSTEMS, INC. CASH BALANCE PLAN-50$606,047$265,000$5,300iApproximate average salary by contribution assumption: employee only about $132,500 at 4% or $88,333 at 6%; with 50% employer match about $88,333 at 4% or $58,889 at 6%; with 100% employer match about $66,250 at 4% or $44,167 at 6%.
2016251$1,199,880$680,319$13,340iApproximate average salary by contribution assumption: employee only about $333,490 at 4% or $222,326 at 6%; with 50% employer match about $222,326 at 4% or $148,218 at 6%; with 100% employer match about $166,745 at 4% or $111,163 at 6%.
Boring Business Equipment 401K Plan-51$884,882$365,321$7,163iApproximate average salary by contribution assumption: employee only about $179,079 at 4% or $119,386 at 6%; with 50% employer match about $119,386 at 4% or $79,591 at 6%; with 100% employer match about $89,539 at 4% or $59,693 at 6%.
BORING BUSINESS SYSTEMS, INC. CASH BALANCE PLAN-44$314,998$314,998$7,159iApproximate average salary by contribution assumption: employee only about $178,976 at 4% or $119,317 at 6%; with 50% employer match about $119,317 at 4% or $79,545 at 6%; with 100% employer match about $89,488 at 4% or $59,659 at 6%.
2015118$499,336$45,765$2,543iApproximate average salary by contribution assumption: employee only about $63,563 at 4% or $42,375 at 6%; with 50% employer match about $42,375 at 4% or $28,250 at 6%; with 100% employer match about $31,781 at 4% or $21,188 at 6%.
Boring Business Equipment 401K Plan-18$499,336$45,765$2,543iApproximate average salary by contribution assumption: employee only about $63,563 at 4% or $42,375 at 6%; with 50% employer match about $42,375 at 4% or $28,250 at 6%; with 100% employer match about $31,781 at 4% or $21,188 at 6%.
2014112$535,421$31,734$2,645iApproximate average salary by contribution assumption: employee only about $66,113 at 4% or $44,075 at 6%; with 50% employer match about $44,075 at 4% or $29,383 at 6%; with 100% employer match about $33,056 at 4% or $22,038 at 6%.
Boring Business Equipment 401K Plan-12$535,421$31,734$2,645iApproximate average salary by contribution assumption: employee only about $66,113 at 4% or $44,075 at 6%; with 50% employer match about $44,075 at 4% or $29,383 at 6%; with 100% employer match about $33,056 at 4% or $22,038 at 6%.
2013112$482,890$26,200$2,183iApproximate average salary by contribution assumption: employee only about $54,583 at 4% or $36,389 at 6%; with 50% employer match about $36,389 at 4% or $24,259 at 6%; with 100% employer match about $27,292 at 4% or $18,194 at 6%.
Boring Business Equipment 401K Plan-12$482,890$26,200$2,183iApproximate average salary by contribution assumption: employee only about $54,583 at 4% or $36,389 at 6%; with 50% employer match about $36,389 at 4% or $24,259 at 6%; with 100% employer match about $27,292 at 4% or $18,194 at 6%.
2012112$352,923$23,792$1,983iApproximate average salary by contribution assumption: employee only about $49,567 at 4% or $33,044 at 6%; with 50% employer match about $33,044 at 4% or $22,030 at 6%; with 100% employer match about $24,783 at 4% or $16,522 at 6%.
Boring Business Equipment 401K Plan-12$352,923$23,792$1,983iApproximate average salary by contribution assumption: employee only about $49,567 at 4% or $33,044 at 6%; with 50% employer match about $33,044 at 4% or $22,030 at 6%; with 100% employer match about $24,783 at 4% or $16,522 at 6%.
2011114$301,292$23,314$1,665iApproximate average salary by contribution assumption: employee only about $41,632 at 4% or $27,755 at 6%; with 50% employer match about $27,755 at 4% or $18,503 at 6%; with 100% employer match about $20,816 at 4% or $13,877 at 6%.
Boring Business Equipment 401K Plan-14$301,292$23,314$1,665iApproximate average salary by contribution assumption: employee only about $41,632 at 4% or $27,755 at 6%; with 50% employer match about $27,755 at 4% or $18,503 at 6%; with 100% employer match about $20,816 at 4% or $13,877 at 6%.
2010111$292,090$18,060$1,642iApproximate average salary by contribution assumption: employee only about $41,045 at 4% or $27,364 at 6%; with 50% employer match about $27,364 at 4% or $18,242 at 6%; with 100% employer match about $20,523 at 4% or $13,682 at 6%.
Boring Business Equipment 401K Plan-11$292,090$18,060$1,642iApproximate average salary by contribution assumption: employee only about $41,045 at 4% or $27,364 at 6%; with 50% employer match about $27,364 at 4% or $18,242 at 6%; with 100% employer match about $20,523 at 4% or $13,682 at 6%.
2009116$258,536$21,630$1,352iApproximate average salary by contribution assumption: employee only about $33,797 at 4% or $22,531 at 6%; with 50% employer match about $22,531 at 4% or $15,021 at 6%; with 100% employer match about $16,898 at 4% or $11,266 at 6%.
Boring Business Equipment 401K Plan-16$258,536$21,630$1,352iApproximate average salary by contribution assumption: employee only about $33,797 at 4% or $22,531 at 6%; with 50% employer match about $22,531 at 4% or $15,021 at 6%; with 100% employer match about $16,898 at 4% or $11,266 at 6%.
2008127$238,213$47,905$1,774iApproximate average salary by contribution assumption: employee only about $44,356 at 4% or $29,571 at 6%; with 50% employer match about $29,571 at 4% or $19,714 at 6%; with 100% employer match about $22,178 at 4% or $14,785 at 6%.
Boring Business Equipment 401K Plan-27$238,213$47,905$1,774iApproximate average salary by contribution assumption: employee only about $44,356 at 4% or $29,571 at 6%; with 50% employer match about $29,571 at 4% or $19,714 at 6%; with 100% employer match about $22,178 at 4% or $14,785 at 6%.
2007128$336,499$56,491$2,018iApproximate average salary by contribution assumption: employee only about $50,438 at 4% or $33,626 at 6%; with 50% employer match about $33,626 at 4% or $22,417 at 6%; with 100% employer match about $25,219 at 4% or $16,813 at 6%.
Boring Business Equipment 401K Plan-28$336,499$56,491$2,018iApproximate average salary by contribution assumption: employee only about $50,438 at 4% or $33,626 at 6%; with 50% employer match about $33,626 at 4% or $22,417 at 6%; with 100% employer match about $25,219 at 4% or $16,813 at 6%.
2006137$355,661$86,461$2,337iApproximate average salary by contribution assumption: employee only about $58,420 at 4% or $38,946 at 6%; with 50% employer match about $38,946 at 4% or $25,964 at 6%; with 100% employer match about $29,210 at 4% or $19,473 at 6%.
Boring Business Equipment 401K Plan-37$355,661$86,461$2,337iApproximate average salary by contribution assumption: employee only about $58,420 at 4% or $38,946 at 6%; with 50% employer match about $38,946 at 4% or $25,964 at 6%; with 100% employer match about $29,210 at 4% or $19,473 at 6%.
2005139$395,966$42,526$1,090iApproximate average salary by contribution assumption: employee only about $27,260 at 4% or $18,174 at 6%; with 50% employer match about $18,174 at 4% or $12,116 at 6%; with 100% employer match about $13,630 at 4% or $9,087 at 6%.
Boring Business Equipment 401K Plan-39$395,966$42,526$1,090iApproximate average salary by contribution assumption: employee only about $27,260 at 4% or $18,174 at 6%; with 50% employer match about $18,174 at 4% or $12,116 at 6%; with 100% employer match about $13,630 at 4% or $9,087 at 6%.
2004133$337,255$62,084$1,881iApproximate average salary by contribution assumption: employee only about $47,033 at 4% or $31,356 at 6%; with 50% employer match about $31,356 at 4% or $20,904 at 6%; with 100% employer match about $23,517 at 4% or $15,678 at 6%.
Boring Business Equipment 401K Plan-33$337,255$62,084$1,881iApproximate average salary by contribution assumption: employee only about $47,033 at 4% or $31,356 at 6%; with 50% employer match about $31,356 at 4% or $20,904 at 6%; with 100% employer match about $23,517 at 4% or $15,678 at 6%.
2003144$0$0-
Boring Business Equipment 401K Plan-44---
2002142$0$0-
Boring Business Equipment 401K Plan-42---
2001121$0$0-
Boring Business Equipment 401K Plan-21---
2000120$0$0-
Boring Business Equipment 401K Plan-20---
1999126$354,217$49,085$1,888iApproximate average salary by contribution assumption: employee only about $47,197 at 4% or $31,465 at 6%; with 50% employer match about $31,465 at 4% or $20,976 at 6%; with 100% employer match about $23,599 at 4% or $15,732 at 6%.
Boring Business Equipment 401K Plan-26$354,217$49,085$1,888iApproximate average salary by contribution assumption: employee only about $47,197 at 4% or $31,465 at 6%; with 50% employer match about $31,465 at 4% or $20,976 at 6%; with 100% employer match about $23,599 at 4% or $15,732 at 6%.