401(k) · DOL Form 5500 · 2022
Lear Corporation 401(k) Plan
Data updated 2026-08-11
- $144M
- Total assets
- 6,296
- Participants
- 94th
- Percentile by assets
- $22,838
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $144M
- total plan assets (2022 EOY)
- 6,296
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $22,838
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Lear Corporation Hourly Retirement Savings Plan reports 6,296 participants - 9.9x that state average ($144M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $177M |
|---|---|
| Net Assets (End of Year) | $144M |
| Net Income | -$32M |
| Employer EIN | 133386776 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lear Corporation)
| 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
- 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 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 Salaried Retirement Program (401(k), $1.2B, 2,965 participants)
- Lear Corporation Pension Plan (Defined Benefit (Pension), $189M, 552 participants)
- Lear Corporation Hourly Retirement Savings Plan (401(k), $179M, 6,584 participants)
- Lear Combined Pension Plan (Defined Benefit (Pension), $118M, 655 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lear Corporation Hourly Retirement Savings Plan by total assets, not by location.
- Sims Metal Management 401(k) Plan (IL) $144M · 1,583
- Iap Worldwide Services Retirement Savings Plan (FL) $144M · 956
- Staffmark/Ems 401(k) Savings Plan (OH) $144M · 100,926
- Medpace Inc 401(k) Profit Sharing Plan and Trust (OH) $144M · 2,417
Frequently Asked Questions
How did Lear Corporation Hourly Retirement Savings Plan assets move in 2022? ▼
How have Lear Corporation plan assets changed over time? ▼
Where does Lear Corporation Hourly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Lear Corporation Hourly Retirement Savings Plan's numbers.
- By total assets, Lear Corporation Hourly Retirement Savings Plan ranks in the top 10% 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
- Lear Corporation's sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Manufacturing plans