401(k) · DOL Form 5500 · 2024

La-Z-Boy Incorporated 401(k) Plan

Data updated 2026-08-25

$351M
Total assets Above avg plan size
6,446
Participants Above avg headcount
96th
Percentile by assets National rank
$54,496
Avg per participant Low balance/head
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Official DOL plan name: La-Z-Boy Incorporated Retirement Savings Plan · Sponsored by La-Z-Boy Incorporated · Michigan · Manufacturing

$351M in assets, 6,446 participants

La-Z-Boy Incorporated's La-Z-Boy Incorporated Retirement Savings Plan reported $351M in total assets and 6,446 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #16,731 in Manufacturing (17,777 peers)

Coverage in Michigan

La-Z-Boy Incorporated Retirement Savings Plan covers 6,446 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $351M.

#16,731
in Manufacturing (17,777 peers)
+12.4%
assets growth YoY
3.5×
vs typical plan assets (national mean)

La-Z-Boy Incorporated Retirement Savings Plan's outsized position by total assets

La-Z-Boy Incorporated Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$351,278,406 Top 4% higher than 96% of 123,620 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 2024

La-Z-Boy Incorporated 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. La-Z-Boy Incorporated Retirement Savings Plan lands in the large band (6,446 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • La-Z-Boy Incorporated Retirement Savings Plan end-of-year assets rose from $313M in the plan year 2023 filing to $351M in the plan year 2024 filing.
  • La-Z-Boy Incorporated Retirement Savings Plan reported participants fell from 6,775 in the plan year 2023 filing to 6,446 in the plan year 2024 filing.
  • La-Z-Boy Incorporated Retirement Savings Plan reported net income rose from $38M in the plan year 2023 filing to $39M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 380751137 · La-Z-Boy Incorporated PY 2024 · 401(k)

La-Z-Boy Incorporated Retirement Savings Plan · $351M · 6,446 · 96th

  • PART $351M
  • PART 6,446
  • PART 96th
  • PART 401(k)
  • PART near Novozymes North America, Inc. 401(k) Savings Plan
  • PART ind #16731

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 →

La-Z-Boy Incorporated Retirement Savings Plan in the asset neighbourhood

Retirement Savings Plan$352MAthene Savings & Retirement PlanAthene Savings & Retirement …$352MBrightspeed 401(k) Savings PlanBrightspeed 401(k) Savings P…$351MNovozymes North America, Inc. 401(k) Savings PlanNovozymes North America, Inc…$351MLa-Z-Boy Incorporated Retirement Savings PlanLa-Z-Boy Incorporated Retire…$351M
End-of-year total assets ($M) among La-Z-Boy Incorporated Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$313M
Net Assets (End of Year)$351M
Net Income$39M
Employer EIN380751137
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (La-Z-Boy Incorporated)

Sponsor-wide plan assets over time

All La-Z-Boy Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$351M 27.857751273032644% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $275M $351M ▲ +27.9%
Year Plans Participants Total Assets
2022 1 7,411 $275M
2023 1 6,775 $313M
2024 1 6,446 $351M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

La-Z-Boy Incorporated Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants La-Z-Boy Incorporated Retirement Savings Plan, Total assets ($B): 0.351278406 · Participants: 6446La-Z-Boy Incorporated Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
La-Z-Boy Incorporated Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for La-Z-Boy Incorporated Retirement Savings Plan

La-Z-Boy Incorporated Retirement Savings Plan reports $351M in end-of-year assets across 6,446 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $54,496 per participant (39% of the national average assets-per-participant) . Net income for plan year 2024 was $39M.

This plan identity (EIN 380751137, plan #015) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $275M to $351M (+27.9%) while covered participants moved from 7,411 to 6,446 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,411 $275M Open filing
2023 6,775 $313M Open filing
2024 · index core 6,446 $351M This page

La-Z-Boy Incorporated Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Novozymes North America, Inc. 401(k) Savings Plan in NC ($351M); by covered participants it is Flanigan's 401(k) Plan in FL (6,444 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($351M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,446 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did La-Z-Boy Incorporated Retirement Savings Plan assets move in 2024?
La-Z-Boy Incorporated Retirement Savings Plan grew at a solid clip - up 12.4% during 2024, from $313M to $351M. Reported net income was $39M.
How have La-Z-Boy Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), La-Z-Boy Incorporated's sponsor-wide assets grew 27.9%, from $275M to $351M.
Where does La-Z-Boy Incorporated Retirement Savings Plan rank by assets among Form 5500 filers?
La-Z-Boy Incorporated Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to La-Z-Boy Incorporated Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Novozymes North America, Inc. 401(k) Savings Plan in NC ($351M, 1,203 participants).
Which 401(k) plans cover a similar participant headcount to La-Z-Boy Incorporated Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Flanigan's 401(k) Plan in FL (6,444 participants, $14M in assets).