Defined Benefit (Pension) · DOL Form 5500 · 2023

Lear Corporation Pension Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
704
Participants Below avg headcount
93rd
Percentile by assets National rank
$204,281
Avg per participant Above avg balance/head
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Official DOL plan name: Lear Combined Pension Plan · Sponsored by Lear Corporation · Michigan · Manufacturing

$144M in assets, 704 participants

Lear Corporation's Lear Combined Pension Plan reported $144M in total assets and 704 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,821 in Manufacturing (18,722 peers)

Where Lear Combined Pension Plan sits by assets

Lear Combined Pension Plan sits in the top 10% of all filed plans by assets, $144M for 704 participants (~$204,281/participant), up 5.3% in 2023.

#16,821
in Manufacturing (18,722 peers)
+5.3%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Lear Combined Pension Plan's outsized position by total assets

Lear Combined Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$143,813,653 Top 7% higher than 93% of 127,068 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 2023

Lear Combined Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lear Combined Pension Plan sits mid-pack in the medium band (704 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lear Combined Pension Plan reported net income rose from -$40M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Lear Combined Pension Plan reported participants fell from 808 in the plan year 2022 filing to 704 in the plan year 2023 filing.
  • Lear Combined Pension Plan end-of-year assets rose from $137M in the plan year 2022 filing to $144M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133386776 · Lear Corporation PY 2023 · Defined Benefit (Pension)

Lear Combined Pension Plan · $144M · 704 · 93rd

  • EOY $144M
  • EOY 704
  • EOY 93rd
  • EOY Defined Benefit (Pension)
  • EOY near IBEW Local Union 363 Pension
  • EOY ind #16821

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 Combined Pension Plan in the asset neighbourhood

Pace International Union Pension PlanPace International Union Pen…$144MSpeedway Retirement Plan$144MIBEW Local Union 363 Pension$144MLear Combined Pension Plan$144MSheet Metal Workers Local Union No. 17 Supplemental Pension PlanSheet Metal Workers Local Un…$144M
End-of-year total assets ($M) among Lear Combined Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$144M
Net Income$7M
Employer EIN133386776
Plan Effective Date1989-06-01
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 Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Lear Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Lear Combined Pension Plan, Total assets ($B): 0.143813653 · Participants: 704Lear Combined Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Lear Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Lear Combined Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is IBEW Local Union 363 Pension in NY ($144M); by covered participants it is Bertelsmann Pension Account Plan in NY (703 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 (704 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lear Combined Pension Plan assets move in 2023?
Lear Combined Pension Plan grew at a solid clip - up 5.3% during 2023, from $137M to $144M. Reported net income was $7M.
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 Combined Pension Plan rank by assets among Form 5500 filers?
Lear Combined Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Lear Combined Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local Union 363 Pension in NY ($144M, 720 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lear Combined Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bertelsmann Pension Account Plan in NY (703 participants, $124M in assets).