401(k) · DOL Form 5500 · 2023
Lear Corporation 401(k) Plan
Data updated 2026-08-25
- $161M
- Total assets Near avg plan size
- 5,878
- Participants Above avg headcount
- 94th
- Percentile by assets National rank
- $27,379
- Avg per participant Low balance/head
Official DOL plan name: Lear Corporation Hourly Retirement Savings Plan · Sponsored by Lear Corporation · Michigan · Manufacturing
$161M in assets, 5,878 participants
Lear Corporation's Lear Corporation Hourly Retirement Savings Plan reported $161M in total assets and 5,878 participants in its 2023 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.
- #16,964 in Manufacturing (18,722 peers)
Coverage in Michigan
Lear Corporation Hourly Retirement Savings Plan covers 5,878 participants in Michigan, 9.2x the typical Michigan plan (state average ~638 per filing). Assets: $161M.
- #16,964
- in Manufacturing (18,722 peers)
- +11.9%
- assets growth YoY
- 1.6×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$160,930,899 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Lear Corporation Hourly Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 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 (5,878 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lear Corporation Hourly Retirement Savings Plan reported net income rose from -$32M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Lear Corporation Hourly Retirement Savings Plan end-of-year assets rose from $144M in the plan year 2022 filing to $161M in the plan year 2023 filing.
- Lear Corporation Hourly Retirement Savings Plan reported participants fell from 6,296 in the plan year 2022 filing to 5,878 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 133386776 · Lear Corporation PY 2023 · 401(k)
Lear Corporation Hourly Retirement Savings Plan · $161M · 5,878 · 94th
- EBSA $161M
- EBSA 5,878
- EBSA 94th
- EBSA 401(k)
- EBSA near Park-Ohio Industries, Inc. 401(k) Retirement Plan
- EBSA ind #16964
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
Michigan filing particulars
| Total Assets (Beginning of Year) | $144M |
|---|---|
| Net Assets (End of Year) | $161M |
| Net Income | $18M |
| Employer EIN | 133386776 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING 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
| 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.
- 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 Lear Corporation Hourly Retirement Savings Plan
Lear Corporation Hourly Retirement Savings Plan reports $161M in end-of-year assets across 5,878 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $27,379 per participant (20% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.
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 | Open filing |
| 2023 | 5,878 | $161M | This page |
| 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)
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 Park-Ohio Industries, Inc. 401(k) Retirement Plan in OH ($161M); by covered participants it is Cortech, LLC 401(k) Plan in GA (5,876 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($161M here).
- Park-Ohio Industries, Inc. 401(k) Retirement Plan (OH) $161M · 3,070
- Academy Mortgage Corporation Profit Sharing 401(k) Plan (UT) $161M · 1,593
- California Times 401(k) Plan (CA) $161M · 1,225
- Institutional Shareholder Services Inc. 401(k) Retirement Savings Plan (NY) $161M · 762
Similar participant headcount
Nearest other-state filings by covered participants (5,878 participants); asset peers above are excluded.
- Cortech, LLC 401(k) Plan (GA) 5,876 · 2 off
- Rithm Capital Family of Companies 401(k) Plan (TX) 5,874 · 4 off
- C. R. England, Inc. Profit Sharing (UT) 5,885 · 7 off
- Usg Corporation Investment Plan (IL) 5,865 · 13 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.