Defined Benefit (Pension) · DOL Form 5500 · 2024
Lear Corporation Pension Plan
Data updated 2026-08-11
- $189M
- Total assets
- 552
- Participants
- 94th
- Percentile by assets
- $341,660
- Avg per participant
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.
- 94th percentile by assets (of 123,622 plans)
- #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.
- $189M
- total plan assets (2024 EOY)
- 552
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $341,660
- avg assets per participant
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.
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.
Lear Corporation Pension Plan vs the 2024 asset distribution
By assets, Lear Corporation Pension Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $226M |
|---|---|
| Net Assets (End of Year) | $189M |
| Net Income | -$37M |
| Employer EIN | 133386776 |
| Plan Effective Date | 1988-10-01 |
| 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 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
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Lear Corporation Pension Plan by total assets, not by location.
- Teamsters Local 830 Pension Plan (PA) $188M · 375
- Idaho Plumbers and Pipefitters Pension Plan (OR) $189M · 1,286
- L3harris Integrated Systems Pension Plan for Greenville Hourly Employees (FL) $189M · 537
- B.a.C. Local No. 3 Pension Plan (CA) $188M · 847
Frequently Asked Questions
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Next read for Lear Corporation Pension Plan
Scale reading
Ways to act on Lear Corporation Pension Plan's numbers.
- By total assets, Lear Corporation Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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