401(k) · DOL Form 5500 · 2022

La-Z-Boy Incorporated 401(k) Plan

Data updated 2026-08-25

$275M
Total assets Near avg plan size
7,411
Participants Very large workforce
97th
Percentile by assets National rank
$37,072
Avg per participant Low balance/head
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Official DOL plan name: La-Z-Boy Incorporated Retirement Savings Plan · Sponsored by La-Z-Boy Incorporated · Michigan · Manufacturing

$275M in assets, 7,411 participants

La-Z-Boy Incorporated's La-Z-Boy Incorporated Retirement Savings Plan reported $275M in total assets and 7,411 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,472 in Manufacturing (20,602 peers)

Coverage in Michigan

La-Z-Boy Incorporated Retirement Savings Plan covers 7,411 participants in Michigan, 12x the typical Michigan plan (state average ~638 per filing). Assets: $275M.

#19,472
in Manufacturing (20,602 peers)
-14.7%
assets change YoY
2.8×
vs typical plan assets (national mean)

The plan reported a net loss of $47M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

La-Z-Boy Incorporated Retirement Savings Plan's outsized position by total assets

La-Z-Boy Incorporated Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$274,741,580 Top 3% higher than 97% of 139,123 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 2022

La-Z-Boy Incorporated Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. La-Z-Boy Incorporated Retirement Savings Plan lands in the large band (7,411 participants).

EBSA filing schedule strip

Filing strip 380751137 · La-Z-Boy Incorporated PY 2022 · 401(k)

La-Z-Boy Incorporated Retirement Savings Plan · $275M · 7,411 · 97th

  • PCT $275M
  • PCT 7,411
  • PCT 97th
  • PCT 401(k)
  • PCT near Nustar Thrift Plan
  • PCT ind #19472

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 Manufacturing retirement plans → · Plans in Michigan →

La-Z-Boy Incorporated Retirement Savings Plan in the asset neighbourhood

Ultra Electronics Inc. 401(k) PlanUltra Electronics Inc. 401(k…$275MDealer Tire LLC 401(k) Savings PlanDealer Tire LLC 401(k) Savin…$275MNustar Thrift Plan$275MLa-Z-Boy Incorporated Retirement Savings PlanLa-Z-Boy Incorporated Retire…$275MGruma Corporation Retirement Savings PlanGruma Corporation Retirement…$275M
End-of-year total assets ($M) among La-Z-Boy Incorporated Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$322M
Net Assets (End of Year)$274M
Net Income-$47M
Employer EIN380751137
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (La-Z-Boy Incorporated)

Sponsor-wide plan assets over time

All La-Z-Boy Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$351M 27.857751273032644% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $275M $351M ▲ +27.9%
Year Plans Participants Total Assets
2022 1 7,411 $275M
2023 1 6,775 $313M
2024 1 6,446 $351M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

La-Z-Boy Incorporated Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants La-Z-Boy Incorporated Retirement Savings Plan, Total assets ($B): 0.27474158 · Participants: 7411La-Z-Boy Incorporated Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
La-Z-Boy Incorporated Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for La-Z-Boy Incorporated Retirement Savings Plan

La-Z-Boy Incorporated Retirement Savings Plan reports $275M in end-of-year assets across 7,411 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $37,072 per participant (27% of the national average assets-per-participant) . Net income for plan year 2022 was -$47M.

This plan identity (EIN 380751137, plan #015) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $275M to $351M (+27.9%) while covered participants moved from 7,411 to 6,446 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,411 $275M This page
2023 6,775 $313M Open filing
2024 · index core 6,446 $351M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

La-Z-Boy Incorporated Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Nustar Thrift Plan in TX ($275M); by covered participants it is The Goodyear Tire & Rubber Company Savings Plan for Retail Employees in OH (7,413 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($275M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,411 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did La-Z-Boy Incorporated Retirement Savings Plan assets move in 2022? ▼
La-Z-Boy Incorporated Retirement Savings Plan pulled back noticeably - down 14.7% during 2022, from $322M to $275M. Reported net income was -$47M.
How have La-Z-Boy Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), La-Z-Boy Incorporated's sponsor-wide assets grew 27.9%, from $275M to $351M.
Where does La-Z-Boy Incorporated Retirement Savings Plan rank by assets among Form 5500 filers? ▼
La-Z-Boy Incorporated Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to La-Z-Boy Incorporated Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nustar Thrift Plan in TX ($275M, 1,192 participants).
Which 401(k) plans cover a similar participant headcount to La-Z-Boy Incorporated Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Goodyear Tire & Rubber Company Savings Plan for Retail Employees in OH (7,413 participants, $217M in assets).