Defined Benefit (Pension) · DOL Form 5500 · 2024
Lear Corporation Pension Plan
Data updated 2026-08-06
- $118M
- Total assets
- 655
- Participants
- 92nd
- Percentile by assets
- $179,661
- Avg per participant
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.
- 92nd percentile by assets (of 116,472 plans)
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.
- $118M
- total plan assets (2024 EOY)
- 655
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $179,661
- avg assets per participant
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.
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.
Lear Combined Pension Plan vs the 2024 asset distribution
By assets, Lear Combined Pension Plan outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $144M |
|---|---|
| Net Assets (End of Year) | $118M |
| Net Income | -$26M |
| Employer EIN | 133386776 |
| Plan Effective Date | 1989-06-01 |
| 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 Combined Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- 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
- Fca US LLC Pension Plan $3.7B · 2,267
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Lear Combined Pension Plan by total assets, not by location.
- Laborers Local 785 Pension Plan (NY) $118M · 403
- Pension Plan for Collectively Bargained Employees of Nutrien (CO) $117M · 354
- The Rite Aid Pension Plan (PA) $117M · 1,647
- Hecla Mining Company Restated Retirement Plan (ID) $117M · 536
Frequently Asked Questions
How did Lear Combined Pension Plan assets move in 2024? ▼
How have Lear Corporation plan assets changed over time? ▼
Where does Lear Combined Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Lear Combined Pension Plan? ▼
Next read for Lear Combined Pension Plan
Scale reading
Ways to act on Lear Combined Pension Plan's numbers.
- By total assets, Lear Combined 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
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.