Defined Benefit (Pension) · DOL Form 5500 · 2024

Lear Corporation Pension Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
655
Participants Below avg headcount
92nd
Percentile by assets National rank
$179,661
Avg per participant Above avg balance/head
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Official DOL plan name: Lear Combined Pension Plan · Sponsored by Lear Corporation · Michigan · Manufacturing

$118M in assets, 655 participants

Lear Corporation's Lear Combined Pension Plan reported $118M in total assets and 655 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #15,541 in Manufacturing (17,777 peers)

Where Lear Combined Pension Plan sits by assets

Lear Combined Pension Plan sits in the top 10% of all filed plans by assets, $118M for 655 participants (~$179,661/participant), down 18.2% in 2024.

#15,541
in Manufacturing (17,777 peers)
-18.2%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lear Combined Pension Plan's outsized position by total assets

Lear Combined Pension Plan vs every filed plan by assets

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

$117,677,751 Top 8% higher than 92% 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 Combined 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 Combined Pension Plan sits mid-pack in the medium band (655 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lear Combined Pension Plan reported net income fell from $7M in the plan year 2023 filing to -$26M in the plan year 2024 filing.
  • Lear Combined Pension Plan end-of-year assets fell from $144M in the plan year 2023 filing to $118M in the plan year 2024 filing.
  • Lear Combined Pension Plan reported participants fell from 704 in the plan year 2023 filing to 655 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

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

Lear Combined Pension Plan · $118M · 655 · 92nd

  • BOY $118M
  • SCH 655
  • EBSA 92nd
  • PART Defined Benefit (Pension)
  • TYPE near Laborers Local 785 Pension Plan
  • NET ind #15541

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 Combined Pension Plan in the asset neighbourhood

Cmta-Gmpp & Allied Workers Local 164b Pension TrustCmta-Gmpp & Allied Workers L…$118MLear Combined Pension Plan$118MLaborers Local 785 Pension PlanLaborers Local 785 Pension P…$118MPension Plan for Collectively Bargained Employees of NutrienPension Plan for Collectivel…$117MStolt-Nielsen US Pension Plan$117M
End-of-year total assets ($M) among Lear Combined 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)$144M
Net Assets (End of Year)$118M
Net Income-$26M
Employer EIN133386776
Plan Effective Date1989-06-01
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 Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Lear Combined Pension Plan, Total assets ($B): 0.117677751 · Participants: 655Lear Combined 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 Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Lear Combined Pension Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Laborers Local 785 Pension Plan in NY ($118M); by covered participants it is The Retirement Plan for Employees of Bush Brothers & Company in TN (655 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (655 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 Combined Pension Plan assets move in 2024? ▼
Lear Combined Pension Plan declined sharply - down 18.2% during 2024, from $144M to $118M. Reported net income was -$26M.
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 Combined Pension Plan rank by assets among Form 5500 filers? ▼
Lear Combined Pension Plan ranks in the 92nd 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 Combined Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers Local 785 Pension Plan in NY ($118M, 403 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lear Combined Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Plan for Employees of Bush Brothers & Company in TN (655 participants, $233M 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.