Taking next step in relationship??

So I've been with my boyfriend for almost a year now. We've done basically nothing sexual. I'm a virgin, and I'm 20, but my boyfriend lost his virginity at 15 and he's 23. He's talked to me before about how he's never had a relationship where he's connected with someone emotionally like he's done with me. He brought up the other day that while we're completely emotionally connected, our physical connection is virtually non existent.