401(k) · DOL Form 5500 · 2024
Lear Corporation 401(k) Plan
Data updated 2026-07-24
- $1.2B
- Total assets
- 2,965
- Participants
- 99th
- Percentile by assets
- $404,610
- Avg per participant
Official DOL plan name: Lear Corporation Salaried Retirement Program · Sponsored by Lear Corporation · Michigan · Manufacturing
$1.2B in assets, 2,965 participants
Lear Corporation's Lear Corporation Salaried Retirement Program reported $1.2B in total assets and 2,965 participants in its 2024 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 116,472 plans)
Coverage in Michigan
Lear Corporation Salaried Retirement Program covers 2,965 participants in Michigan, 4.7x the typical Michigan plan (state average ~632 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 2,965
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $404,610
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lear Corporation Salaried Retirement Program reported net income fell from $165M in the plan year 2023 filing to $108M in the plan year 2024 filing.
- Lear Corporation Salaried Retirement Program end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
- Lear Corporation Salaried Retirement Program reported participants rose from 2,852 in the plan year 2023 filing to 2,965 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Lear Corporation Salaried Retirement Program reports 2,965 participants - 4.7x that state average ($1.2B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $108M |
| 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 $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
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.
- Nomura Securities International, Inc. Retirement Investment Plan (NY) $1.2B · 2,107
- Expeditors International of Washington, Inc. 401(k) Plan (WA) $1.2B · 6,343
- The Lonza US Savings Plan (NJ) $1.2B · 4,689
- William Blair 401(k) and Profit Sharing Plan (IL) $1.2B · 1,816
Frequently Asked Questions
How did Lear Corporation Salaried Retirement Program assets move in 2024? ▼
How have Lear Corporation plan assets changed over time? ▼
Where does Lear Corporation Salaried Retirement Program rank by assets among Form 5500 filers? ▼
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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
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
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.