401(k) · DOL Form 5500 · 2022

Credit Acceptance Corporation 401(k) Plan

Data updated 2026-08-11

$180M
Total assets
2,078
Participants
95th
Percentile by assets
$86,654
Avg per participant
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Official DOL plan name: Credit Acceptance Corporation 401(k) Plan and Trust · Sponsored by Credit Acceptance Corporation · Michigan · Finance & Insurance

$180M in assets, 2,078 participants

Credit Acceptance Corporation's Credit Acceptance Corporation 401(k) Plan and Trust reported $180M in total assets and 2,078 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #8,524 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Credit Acceptance Corporation 401(k) Plan and Trust covers 2,078 participants in Michigan, 3.3x the typical Michigan plan (state average ~638 per filing). Assets: $180M.

$180M
total plan assets (2022 EOY)
2,078
covered participants
95th
percentile by assets (of 139,126 plans)
$86,654
avg assets per participant

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Credit Acceptance Corporation 401(k) Plan and Trust sits by total assets

Credit Acceptance Corporation 401(k) Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$180,067,683 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Credit Acceptance Corporation 401(k) Plan and Trust reports 2,078 participants - 3.3x that state average ($180M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$205M
Net Assets (End of Year)$180M
Net Income-$25M
Employer EIN381999511
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Credit Acceptance Corporation)

$150M$200M$250M$300M 202220232024 $180M $280M ▲ +55.4%
Total plan assets by year, all Credit Acceptance Corporation plans on file
Year Plans Participants Total Assets
2022 1 2,078 $180M
2023 1 2,249 $232M
2024 1 2,229 $280M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Credit Acceptance Corporation 401(k) Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Credit Acceptance Corporation 401(k) Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Credit Acceptance Co…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Credit Acceptance Corporation 401(k) Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Credit Acceptance Corporation 401(k) Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Credit Acceptance Corporation 401(k) Plan and Trust assets move in 2022?
Credit Acceptance Corporation 401(k) Plan and Trust pulled back noticeably - down 12.3% during 2022, from $205M to $180M. Reported net income was -$25M.
How have Credit Acceptance Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Credit Acceptance Corporation's sponsor-wide assets grew 55.4%, from $180M to $280M.
Where does Credit Acceptance Corporation 401(k) Plan and Trust rank by assets among Form 5500 filers?
Credit Acceptance Corporation 401(k) Plan and Trust ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Credit Acceptance Corporation 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Agiliti 401(k) in MN ($180M, 3,914 participants).

Next read for Credit Acceptance Corporation 401(k) Pla…

Filing takeaways

Ways to act on Credit Acceptance Corporation 401(k) Plan and Trust's numbers.