401(k) · DOL Form 5500 · 2023
Lear Corporation 401(k) Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 2,852
- Participants
- 99th
- Percentile by assets
- $383,238
- Avg per participant
Official DOL plan name: Lear Corporation Salaried Retirement Program · Sponsored by Lear Corporation · Michigan · Manufacturing
$1.1B in assets, 2,852 participants
Lear Corporation's Lear Corporation Salaried Retirement Program reported $1.1B in total assets and 2,852 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #18,299 in Manufacturing (18,722 peers)
Coverage in Michigan
Lear Corporation Salaried Retirement Program covers 2,852 participants in Michigan, 4.5x the typical Michigan plan (state average ~638 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2023 EOY)
- 2,852
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $383,238
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lear Corporation Salaried Retirement Program reported net income rose from -$208M in the plan year 2022 filing to $165M in the plan year 2023 filing.
- Lear Corporation Salaried Retirement Program end-of-year assets rose from $928M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
- Lear Corporation Salaried Retirement Program reported participants fell from 2,925 in the plan year 2022 filing to 2,852 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Lear Corporation Salaried Retirement Program reports 2,852 participants - 4.5x that state average ($1.1B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $928M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $165M |
| Employer EIN | 133386776 |
| Plan Effective Date | 1989-02-01 |
| 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 Salaried Retirement Program 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lear Corporation Salaried Retirement Program by total assets, not by location.
- Cincinnati Financial Corporation Tax-Qualified Savings Plan (OH) $1.1B · 5,113
- Crown Equipment Corporation 401(k) Retirement Savings Plan and Trust (OH) $1.1B · 11,539
- Assa Abloy Inc. Retirement Savings Plan (CT) $1.1B · 10,160
- Reed Smith 401(k) Plan (PA) $1.1B · 2,099
Frequently Asked Questions
How did Lear Corporation Salaried Retirement Program assets move in 2023? ▼
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Where does Lear Corporation Salaried Retirement Program rank by assets among Form 5500 filers? ▼
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Next read for Lear Corporation Salaried Retirement Pro…
Filing takeaways
Ways to act on Lear Corporation Salaried Retirement Program's numbers.
- By total assets, Lear Corporation Salaried Retirement Program ranks among the largest 1% of all filed plans. 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