401(k) · DOL Form 5500 · 2024
Lear Corporation 401(k) Plan
Data updated 2026-08-11
- $179M
- Total assets
- 6,584
- Participants
- 94th
- Percentile by assets
- $27,204
- Avg per participant
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.
- 94th percentile by assets (of 123,622 plans)
- #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.
- $179M
- total plan assets (2024 EOY)
- 6,584
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $27,204
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Lear Corporation Hourly Retirement Savings Plan reports 6,584 participants - 10x that state average ($179M EOY assets).
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)
| 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 Hourly Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lear Corporation Hourly Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Lear Corporation Hourly Retirement Savings Plan assets move in 2024? ▼
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Filing takeaways
Ways to act on Lear Corporation Hourly Retirement Savings Plan's numbers.
- By total assets, Lear Corporation Hourly Retirement Savings Plan ranks in the top 10% of all filed plans by assets. 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