401(k) · DOL Form 5500 · 2022

Midland Credit Management, Inc. 401(k) Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
1,291
Participants Near avg headcount
93rd
Percentile by assets National rank
$88,762
Avg per participant Below avg balance/head
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Official DOL plan name: Midland Credit Management, Inc. 401(k) Retirement Savings Plan · Sponsored by Midland Credit Management, Inc. · California · Finance & Insurance

$115M in assets, 1,291 participants

Midland Credit Management, Inc.'s Midland Credit Management, Inc. 401(k) Retirement Savings Plan reported $115M in total assets and 1,291 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,280 in Finance & Insurance (9,261 peers)

Coverage in California

Midland Credit Management, Inc. 401(k) Retirement Savings Plan covers 1,291 participants in California, 2.0x the typical California plan (state average ~630 per filing). Assets: $115M.

#8,280
in Finance & Insurance (9,261 peers)
-17.0%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midland Credit Management, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Midland Credit Management, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$114,591,573 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Midland Credit Management, Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midland Credit Management, Inc. 401(k) Retirement Savings Plan lands in the large band (1,291 participants).

EBSA filing schedule strip

Filing strip 480581733 · Midland Credit Management, Inc. PY 2022 · 401(k)

Midland Credit Management, Inc. 401(k) Retirement Savings Plan · $115M · 1,291 · 93rd

  • EIN $115M
  • EIN 1,291
  • EIN 93rd
  • EIN 401(k)
  • EIN near Sills Cummis & Gross P.C. Defined Contribution Plan
  • EIN ind #8280

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in California →

Midland Credit Management, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Sills Cummis & Gross P.C. Defined Contribution PlanSills Cummis & Gross P.C. De…$115MMidland Credit Management, Inc. 401(k) Retirement Savings PlanMidland Credit Management, I…$115MA. Duda & Sons, Inc. Retirement and Savings PlanA. Duda & Sons, Inc. Retirem…$115MMyers Industries, Inc. Profit Sharing and 401(k) PlanMyers Industries, Inc. Profi…$114MAdvancedhealth 401(k) Profit Sharing PlanAdvancedhealth 401(k) Profit…$114M
End-of-year total assets ($M) among Midland Credit Management, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$115M
Net Income-$23M
Employer EIN480581733
Plan Effective Date1998-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midland Credit Management, Inc.)

Sponsor-wide plan assets over time

All Midland Credit Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$167M 46.080814337019355% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $115M $167M ▲ +46.1%
Year Plans Participants Total Assets
2022 1 1,291 $115M
2023 1 1,175 $143M
2024 1 1,292 $167M

Nearby 401(k) Plans in California

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

Midland Credit Management, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Midland Credit Management, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.114591573 · Participants: 1291Midland Credit Management, Inc. 401(k) Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Midland Credit Management, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Midland Credit Management, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Midland Credit Management, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Sills Cummis & Gross P.C. Defined Contribution Plan in NJ ($115M); by covered participants it is Premier Health Consultants, LLC Retirement Savings Plan in LA (1,291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,291 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Midland Credit Management, Inc. 401(k) Retirement Savings Plan assets move in 2022? ▼
Midland Credit Management, Inc. 401(k) Retirement Savings Plan declined sharply - down 17.0% during 2022, from $138M to $115M. Reported net income was -$23M.
How have Midland Credit Management, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midland Credit Management, Inc.'s sponsor-wide assets grew 46.1%, from $115M to $167M.
Where does Midland Credit Management, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Midland Credit Management, Inc. 401(k) Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Midland Credit Management, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sills Cummis & Gross P.C. Defined Contribution Plan in NJ ($115M, 138 participants).
Which 401(k) plans cover a similar participant headcount to Midland Credit Management, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Premier Health Consultants, LLC Retirement Savings Plan in LA (1,291 participants, $26M in assets).

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 480581733.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.