WORLD ACCEPTANCE CORPORATION RETIREMENT SAVINGS PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
WORLD ACCEPTANCE CORPORATION
This 401(k) plan holds $61M in total assets and serves 2,492 participants as of 2022. It is sponsored by WORLD ACCEPTANCE CORPORATION in South Carolina. The plan reported a net loss of $19M for the year.
What the Filing Says About WORLD ACCEPTANCE CORPORATION RETIREMENT SAVINGS PLAN
WORLD ACCEPTANCE CORPORATION RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by WORLD ACCEPTANCE CORPORATION, headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $61M in total end-of-year assets and covers 2,492 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 570425114, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $80M at the beginning of 2022 to $61M at year-end — a decline of 23.4%. Net assets (after liabilities) closed the year at $61M, with reported net income of $-18,783,317 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $80M |
| Total Assets (End of Year) | $61M |
| Net Assets (End of Year) | $61M |
| Net Income | $-18,783,317 |
| Plan Type | 401(k) |
| Employer EIN | 570425114 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (WORLD ACCEPTANCE CORPORATION)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,492 | $61M |
| 2023 | 1 | 2,352 | $70M |
| 2024 | 1 | 2,508 | $73M |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- MICHELIN 401(K) SAVINGS PLAN $4.1B · 14,439
- THE SAVANNAH RIVER NUCLEAR SOLUTIONS, LLC DEFINED CONTRIBUTION PLAN $2.5B · 8,661
- PRISMA HEALTH RETIREMENT SAVINGS PLAN $1.9B · 28,745
- SONOCO RETIREMENT & SAVINGS PLAN $1.6B · 11,311
- SONOCO RETIREMENT & SAVINGS PLAN $1.3B · 10,614
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Frequently Asked Questions
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 570425114.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.