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
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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.

See the national 2023→2024 release diff →

State
Industry

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 EIN133386776
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lear Corporation)

$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.42B $1.69B ▲ +19.0%
Total plan assets by year, all Lear Corporation plans on file
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

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 Sal…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Lear Corporation Salaried Retirement Program vs. nearby 401(k) plans in Michigan, assets vs. participants

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.

Frequently Asked Questions

How did Lear Corporation Salaried Retirement Program assets move in 2024?
Lear Corporation Salaried Retirement Program grew at a solid clip - up 9.8% during 2024, from $1.1B to $1.2B. Reported net income was $108M.
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 116,472 plans that reported assets for plan year 2024 (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 Nomura Securities International, Inc. Retirement Investment Plan in NY ($1.2B, 2,107 participants).

Next read for Lear Corporation Salaried Retirement Pro…

Filing takeaways

Ways to act on Lear Corporation Salaried Retirement Program's numbers.

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.

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