Plan Snapshot
- Plan Sponsor: Lear Corporation
- Sponsor EIN: 133386776
- Sponsor Address: 21557 TELEGRAPH ROAD, SOUTHFIELD, MI, 48033
- Plan Type: DB
- Total Participants: 495
- Total Assets: $188.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 495 | $188.6M | $1.1M | $0 |
| 2023 | 552 | $226.1M | $0 | $0 |
| 2022 | 577 | $211.8M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $1,146,416 | — | $1,146,416 |
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $284,221 | — | $284,221 |
| SUN LIFE CAPITAL MANAGEMENT (U.S.) | Other Service Provider | $208,178 | — | $208,178 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $102,725 | — | $102,725 |
| WESTFIELD CAPITAL MANAGEMENT CO. LP | Other Service Provider | $54,155 | — | $54,155 |
| RHUMBLINE ADVISERS LIMITED PARTNERS | Other Service Provider | $6,753 | — | $6,753 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,802,448
- Estimated Expense Ratio: 0.956% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,071,373 | $553,307 | — | — | — |
| 2023 | $3,095,875 | $276,258 | — | — | — |
| 2022 | $3,738,589 | $485,574 | — | — | $720,175 |