401(k) · DOL Form 5500 · 2024
Lear Corporation 401(k) Plan
Data updated 2026-08-25
- $179M
- Total assets Near avg plan size
- 6,584
- Participants Above avg headcount
- 94th
- Percentile by assets National rank
- $27,204
- Avg per participant Low balance/head
Official DOL plan name: Lear Corporation Hourly Retirement Savings Plan · Sponsored by Lear Corporation · Michigan · Manufacturing
$179M in assets, 6,584 participants
Lear Corporation's Lear Corporation Hourly Retirement Savings Plan reported $179M in total assets and 6,584 participants in its 2024 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.
- #16,114 in Manufacturing (17,777 peers)
Coverage in Michigan
Lear Corporation Hourly Retirement Savings Plan covers 6,584 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $179M.
- #16,114
- in Manufacturing (17,777 peers)
- +11.3%
- assets growth YoY
- 1.8×
- 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 2024 · DOL Form 5500
$179,108,573 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lear Corporation Hourly Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (6,584 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lear Corporation Hourly Retirement Savings Plan reported participants rose from 5,878 in the plan year 2023 filing to 6,584 in the plan year 2024 filing.
- Lear Corporation Hourly Retirement Savings Plan end-of-year assets rose from $161M in the plan year 2023 filing to $179M in the plan year 2024 filing.
- Lear Corporation Hourly Retirement Savings Plan reported net income fell from $18M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 133386776 · Lear Corporation PY 2024 · 401(k)
Lear Corporation Hourly Retirement Savings Plan · $179M · 6,584 · 94th
- NET $179M
- NET 6,584
- NET 94th
- NET 401(k)
- NET near Expro U.S. Employee 401(k) Plan
- NET ind #16114
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) | $161M |
|---|---|
| Net Assets (End of Year) | $179M |
| Net Income | $17M |
| 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 $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Scale composition for Lear Corporation Hourly Retirement Savings Plan
Lear Corporation Hourly Retirement Savings Plan reports $179M in end-of-year assets across 6,584 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $27,204 per participant (20% of the national average assets-per-participant) . Net income for plan year 2024 was $17M.
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 | Open filing |
| 2024 · index core | 6,584 | $179M | This page |
The same sponsor also keeps 3 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 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 Expro U.S. Employee 401(k) Plan in TX ($179M); by covered participants it is Public Service Enterprise Group Inc. Employee Savings Plan in NJ (6,585 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($179M here).
- Expro U.S. Employee 401(k) Plan (TX) $179M · 1,242
- PA Consulting Group, Inc. Salary Savings Plan (MA) $179M · 515
- Surescripts, LLC 401(k) Plan (VA) $179M · 725
- Midco 401(k) Plan (MN) $179M · 1,689
Similar participant headcount
Nearest other-state filings by covered participants (6,584 participants); asset peers above are excluded.
- Public Service Enterprise Group Inc. Employee Savings Plan (NJ) 6,585 · 1 off
- Molex Retirement and Savings Plan (IL) 6,575 · 9 off
- Thrivent 401(k) Plan (MN) 6,573 · 11 off
- Bluecross Blueshield of Tennessee Employee Retirement Savings Program (TN) 6,596 · 12 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.