401(k) · DOL Form 5500 · 2023

Lear Corporation 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
2,852
Participants Above avg headcount
99th
Percentile by assets National rank
$383,238
Avg per participant High balance/head
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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.

  • #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.

#18,299
in Manufacturing (18,722 peers)
+17.8%
assets growth YoY
11×
vs typical plan assets (national mean)

Lear Corporation Salaried Retirement Program's outsized position by total assets

Lear Corporation Salaried Retirement Program vs every filed plan by assets

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

$1,092,995,410 Top 1% higher than 99% 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 Corporation Salaried Retirement Program'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 Salaried Retirement Program lands in the large band (2,852 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133386776 · Lear Corporation PY 2023 · 401(k)

Lear Corporation Salaried Retirement Program · $1.1B · 2,852 · 99th

  • 5500 $1.1B
  • 5500 2,852
  • 5500 99th
  • 5500 401(k)
  • 5500 near Cincinnati Financial Corporation Tax-Qualified Savings Plan
  • 5500 ind #18299

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 Salaried Retirement Program in the asset neighbourhood

Lear Corporation Salaried Retirement ProgramLear Corporation Salaried Re…$1.1BCincinnati Financial Corporation Tax-Qualified Savings PlanCincinnati Financial Corpora…$1.1BCrown Equipment Corporation 401(k) Retirement Savings Plan and TrustCrown Equipment Corporation …$1.1BAssa Abloy Inc. Retirement Savings PlanAssa Abloy Inc. Retirement S…$1.1BReed Smith 401(k) Plan$1.1B
End-of-year total assets ($B) among Lear Corporation Salaried Retirement Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$928M
Net Assets (End of Year)$1.1B
Net Income$165M
Employer EIN133386776
Plan Effective Date1989-02-01
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 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 Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Lear Corporation Salaried Retirement Program, Total assets ($B): 1.09299541 · Participants: 2852Lear Corporation Salaried Retirement ProgramGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Lear Corporation Salaried Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lear Corporation Salaried Retirement Program side-by-side with 3 peers →

Lear Corporation Salaried Retirement Program's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Cincinnati Financial Corporation Tax-Qualified Savings Plan in OH ($1.1B); by covered participants it is Ust Global Inc 401(k) Plan in CA (2,852 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,852 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 Corporation Salaried Retirement Program assets move in 2023? ▼
Lear Corporation Salaried Retirement Program grew sharply - up 17.8% during 2023, from $928M to $1.1B. Reported net income was $165M.
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 Corporation Salaried Retirement Program rank by assets among Form 5500 filers? ▼
Lear Corporation Salaried Retirement Program ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Lear Corporation Salaried Retirement Program? ▼
Among 401(k) plans in other states, the closest by assets is Cincinnati Financial Corporation Tax-Qualified Savings Plan in OH ($1.1B, 5,113 participants).
Which 401(k) plans cover a similar participant headcount to Lear Corporation Salaried Retirement Program? ▼
Among 401(k) plans in other states, the closest by covered participants is Ust Global Inc 401(k) Plan in CA (2,852 participants, $131M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133386776.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.