Defined Benefit (Pension) · DOL Form 5500 · 2024

Lear Corporation Pension Plan

Data updated 2026-08-25

$189M
Total assets Near avg plan size
552
Participants Below avg headcount
94th
Percentile by assets National rank
$341,660
Avg per participant High balance/head
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Official DOL plan name: Lear Corporation Pension Plan · Sponsored by Lear Corporation · Michigan · Manufacturing

$189M in assets, 552 participants

Lear Corporation's Lear Corporation Pension Plan reported $189M in total assets and 552 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.

  • #16,174 in Manufacturing (17,777 peers)

Where Lear Corporation Pension Plan sits by assets

Lear Corporation Pension Plan sits in the top 10% of all filed plans by assets, $189M for 552 participants (~$341,660/participant), down 16.6% in 2024.

#16,174
in Manufacturing (17,777 peers)
-16.6%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lear Corporation Pension Plan's outsized position by total assets

Lear Corporation Pension Plan vs every filed plan by assets

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

$188,596,177 Top 6% higher than 94% 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

Lear Corporation Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lear Corporation Pension Plan sits mid-pack in the medium band (552 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lear Corporation Pension Plan reported net income fell from $14M in the plan year 2023 filing to -$37M in the plan year 2024 filing.
  • Lear Corporation Pension Plan end-of-year assets fell from $226M in the plan year 2023 filing to $189M in the plan year 2024 filing.
  • Lear Corporation Pension Plan reported participants fell from 577 in the plan year 2023 filing to 552 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 133386776 · Lear Corporation PY 2024 · Defined Benefit (Pension)

Lear Corporation Pension Plan · $189M · 552 · 94th

  • IND $189M
  • EOY 552
  • 5500 94th
  • ASSETS Defined Benefit (Pension)
  • PCT near Teamsters Local 830 Pension Plan
  • EIN ind #16174

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 Pension Plan in the asset neighbourhood

L3harris Integrated Systems Pension Plan for Greenville Hourly EmployeesL3harris Integrated Systems …$189MIdaho Plumbers and Pipefitters Pension PlanIdaho Plumbers and Pipefitte…$189MLear Corporation Pension Plan$189MTeamsters Local 830 Pension PlanTeamsters Local 830 Pension …$188MB.a.C. Local No. 3 Pension PlanB.a.C. Local No. 3 Pension P…$188M
End-of-year total assets ($M) among Lear Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$226M
Net Assets (End of Year)$189M
Net Income-$37M
Employer EIN133386776
Plan Effective Date1988-10-01
Filing StatusFILING 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
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.42B $1.69B ▲ +19.0%
Year Plans Participants Total Assets
2022 4 10,662 $1.4B
2023 4 10,011 $1.6B
2024 4 10,756 $1.7B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Lear Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Lear Corporation Pension Plan, Total assets ($B): 0.188596177 · Participants: 552Lear Corporation Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Lear Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Lear Corporation Pension Plan side-by-side with 3 peers →

Lear Corporation Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Teamsters Local 830 Pension Plan in PA ($188M); by covered participants it is Knights of Columbus Retirement Plan for Non-Bargaining Unit Employees in CT (552 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (552 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 Lear Corporation Pension Plan assets move in 2024? ▼
Lear Corporation Pension Plan declined sharply - down 16.6% during 2024, from $226M to $189M. Reported net income was -$37M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Lear Corporation Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Lear Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local 830 Pension Plan in PA ($188M, 375 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lear Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Knights of Columbus Retirement Plan for Non-Bargaining Unit Employees in CT (552 participants, $290M in assets).

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.

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