401(k) · DOL Form 5500 · 2022
La-Z-Boy Incorporated 401(k) Plan
Data updated 2026-08-11
- $275M
- Total assets
- 7,411
- Participants
- 97th
- Percentile by assets
- $37,072
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $275M
- total plan assets (2022 EOY)
- 7,411
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $37,072
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. La-Z-Boy Incorporated Retirement Savings Plan reports 7,411 participants - 12x that state average ($275M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $322M |
|---|---|
| Net Assets (End of Year) | $274M |
| Net Income | -$47M |
| Employer EIN | 380751137 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (La-Z-Boy Incorporated)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
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 (401(k), $351M, 6,446 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to La-Z-Boy Incorporated Retirement Savings Plan by total assets, not by location.
- Nustar Thrift Plan (TX) $275M · 1,192
- Gruma Corporation Retirement Savings Plan (TX) $275M · 7,497
- Ultra Electronics Inc. 401(k) Plan (MA) $275M · 1,941
- Dealer Tire LLC 401(k) Savings Plan (OH) $275M · 5,239
Frequently Asked Questions
How did La-Z-Boy Incorporated Retirement Savings Plan assets move in 2022? ▼
How have La-Z-Boy Incorporated plan assets changed over time? ▼
Where does La-Z-Boy Incorporated Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to La-Z-Boy Incorporated Retirement Savings Plan? ▼
Next read for La-Z-Boy Incorporated Retirement Savings…
Filing takeaways
Ways to act on La-Z-Boy Incorporated Retirement Savings Plan's numbers.
- By total assets, La-Z-Boy Incorporated Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- La-Z-Boy Incorporated's sponsor-wide assets have grown 27.9% since 2022 across 3 plan years on file. More Manufacturing plans