Lear Corporation Salaried Retirement Program — Form 5500 plan (Lear Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Lear Corporation Salaried Retirement Program is a benefit plan reported by Lear Corporation under EIN 13-3386776 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,550 participants and $1,092,995,410 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lear Corporation
EIN
13-3386776
Plan number
002
Plan type
2
Location
Southfield, MI
Latest filing year
2023
Participants
4,550
End-of-year plan assets
$1,092,995,410

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,550H, C20241015173242NAL0030503201001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,092,995,410
Total liabilities (EOY)
$551,504
Net assets (EOY)
$1,092,443,906
Net assets (BOY)
$927,137,837

Income & contributions

Employer contributions
$36,243,632
Participant contributions
$33,507,833
Total contributions
$76,106,055
Total income / additions
$235,343,584

Expenses & distributions

Benefits paid
$69,366,282
Administrative expenses
$1,098,890
Total expenses
$70,535,709
Net increase / (decrease)
$164,807,875

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCNONE$1,069,263not reported in the loaded dataset2023
Buck Global LLCNONE$16,595not reported in the loaded dataset2023
Empower Annuity Ins. Co. Of AmericaNONE$8,381$02023

Related Form 5500 pages