401(k) · DOL Form 5500 · 2022

Lear Corporation 401(k) Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
6,296
Participants Above avg headcount
94th
Percentile by assets National rank
$22,838
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lear Corporation Hourly Retirement Savings Plan · Sponsored by Lear Corporation · Michigan · Manufacturing

$144M in assets, 6,296 participants

Lear Corporation's Lear Corporation Hourly Retirement Savings Plan reported $144M in total assets and 6,296 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,826 in Manufacturing (20,602 peers)

Coverage in Michigan

Lear Corporation Hourly Retirement Savings Plan covers 6,296 participants in Michigan, 9.9x the typical Michigan plan (state average ~638 per filing). Assets: $144M.

#18,826
in Manufacturing (20,602 peers)
-18.6%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lear Corporation Hourly Retirement Savings Plan's outsized position by total assets

Lear Corporation Hourly Retirement Savings Plan vs every filed plan by assets

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

$143,785,780 Top 6% higher than 94% 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

Lear Corporation Hourly 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. Lear Corporation Hourly Retirement Savings Plan lands in the large band (6,296 participants).

Plan-year Form 5500 strip

Filing strip 133386776 · Lear Corporation PY 2022 · 401(k)

Lear Corporation Hourly Retirement Savings Plan · $144M · 6,296 · 94th

  • PCT $144M
  • EIN 6,296
  • RANK 94th
  • PHOTO 401(k)
  • IND near Sims Metal Management 401(k) Plan
  • EOY ind #18826

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 →

Lear Corporation Hourly Retirement Savings Plan in the asset neighbourhood

Iap Worldwide Services Retirement Savings PlanIap Worldwide Services Retir…$144MLear Corporation Hourly Retirement Savings PlanLear Corporation Hourly Reti…$144MSims Metal Management 401(k) PlanSims Metal Management 401(k)…$144MStaffmark/Ems 401(k) Savings PlanStaffmark/Ems 401(k) Savings…$144MMedpace Inc 401(k) Profit Sharing Plan and TrustMedpace Inc 401(k) Profit Sh…$144M
End-of-year total assets ($M) among Lear Corporation Hourly Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$144M
Net Income-$32M
Employer EIN133386776
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lear Corporation)

Sponsor-wide plan assets over time

All Lear Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 18.683312196308684% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.42B $1.69B ▲ +19.0%
Year Plans Participants Total Assets
2022 4 10,662 $1.4B
2023 4 10,011 $1.6B
2024 4 10,756 $1.7B

Nearby 401(k) Plans in Michigan

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

Lear Corporation Hourly Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Lear Corporation Hourly Retirement Savings Plan, Total assets ($B): 0.14378578 · Participants: 6296Lear Corporation Hourly 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
Lear Corporation Hourly Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Lear Corporation Hourly Retirement Savings Plan

Lear Corporation Hourly Retirement Savings Plan reports $144M in end-of-year assets across 6,296 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $22,838 per participant (17% of the national average assets-per-participant) . Net income for plan year 2022 was -$32M.

This plan identity (EIN 133386776, plan #020) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $144M to $179M (+24.6%) while covered participants moved from 6,296 to 6,584 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,296 $144M This page
2023 5,878 $161M Open filing
2024 · index core 6,584 $179M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Lear Corporation Hourly Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Sims Metal Management 401(k) Plan in IL ($144M); by covered participants it is Peco Foods, Inc. Retirement Savings Plan in AL (6,298 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($144M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,296 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 Lear Corporation Hourly Retirement Savings Plan assets move in 2022? ▼
Lear Corporation Hourly Retirement Savings Plan declined sharply - down 18.6% during 2022, from $177M to $144M. Reported net income was -$32M.
How have Lear Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lear Corporation's sponsor-wide assets grew 18.7%, from $1.4B to $1.7B.
Where does Lear Corporation Hourly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Lear Corporation Hourly Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Lear Corporation Hourly Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sims Metal Management 401(k) Plan in IL ($144M, 1,583 participants).
Which 401(k) plans cover a similar participant headcount to Lear Corporation Hourly Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Peco Foods, Inc. Retirement Savings Plan in AL (6,298 participants, $94M in assets).