401(k) · DOL Form 5500 · 2023
La-Z-Boy Incorporated 401(k) Plan
Data updated 2026-08-11
- $313M
- Total assets
- 6,775
- Participants
- 96th
- Percentile by assets
- $46,146
- Avg per participant
Official DOL plan name: La-Z-Boy Incorporated Retirement Savings Plan · Sponsored by La-Z-Boy Incorporated · Michigan · Manufacturing
$313M in assets, 6,775 participants
La-Z-Boy Incorporated's La-Z-Boy Incorporated Retirement Savings Plan reported $313M in total assets and 6,775 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #17,603 in Manufacturing (18,722 peers)
Coverage in Michigan
La-Z-Boy Incorporated Retirement Savings Plan covers 6,775 participants in Michigan, 11x the typical Michigan plan (state average ~638 per filing). Assets: $313M.
- $313M
- total plan assets (2023 EOY)
- 6,775
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $46,146
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- La-Z-Boy Incorporated Retirement Savings Plan reported net income rose from -$47M in the plan year 2022 filing to $38M in the plan year 2023 filing.
- La-Z-Boy Incorporated Retirement Savings Plan end-of-year assets rose from $275M in the plan year 2022 filing to $313M in the plan year 2023 filing.
- La-Z-Boy Incorporated Retirement Savings Plan reported participants fell from 7,411 in the plan year 2022 filing to 6,775 in the plan year 2023 filing.
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 6,775 participants - 11x that state average ($313M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $275M |
|---|---|
| Net Assets (End of Year) | $312M |
| Net Income | $38M |
| 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 $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for La-Z-Boy Incorporated Retirement Savings Plan
La-Z-Boy Incorporated Retirement Savings Plan reports $313M in end-of-year assets across 6,775 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $46,146 per participant (33% of the national average assets-per-participant) . Net income for plan year 2023 was $38M.
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 | Open filing |
| 2023 | 6,775 | $313M | This page |
| 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.
- Penske Logistics Retirement Savings Plan (PA) $313M · 5,022
- Wurth 401(k) Plan (NJ) $313M · 4,766
- The Oregon Clinic, P.C. Retirement Plan (OR) $313M · 1,220
- Cirrus Logic, Inc. 401(k) Profit Sharing Plan (TX) $313M · 1,092
Frequently Asked Questions
How did La-Z-Boy Incorporated Retirement Savings Plan assets move in 2023? ▼
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? ▼
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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