401(k) · DOL Form 5500 · 2023

Credit Acceptance Corporation 401(k) Plan

Data updated 2026-08-11

$232M
Total assets: 2,249
Participants: 95th
Percentile by assets: $103,107
Avg per participant

Official DOL plan name: Credit Acceptance Corporation 401(k) Plan and Trust · Sponsored by Credit Acceptance Corporation · Michigan · Finance & Insurance

$232M in assets, 2,249 participants

Credit Acceptance Corporation's Credit Acceptance Corporation 401(k) Plan and Trust reported $232M in total assets and 2,249 participants in its 2023 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 127,072 plans)
#8,194 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Credit Acceptance Corporation 401(k) Plan and Trust covers 2,249 participants in Michigan, 3.5x the typical Michigan plan (state average ~638 per filing). Assets: $232M.

$232M
total plan assets (2023 EOY): 2,249
covered participants: 95th
percentile by assets (of 127,072 plans): $103,107
avg assets per participant

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 2023 · DOL Form 5500

$231,887,809 Top 5% higher than 95% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Credit Acceptance Corporation 401(k) Plan and Trust reported net income rose from -$25M in the plan year 2022 filing to $52M in the plan year 2023 filing.
Credit Acceptance Corporation 401(k) Plan and Trust end-of-year assets rose from $180M in the plan year 2022 filing to $232M in the plan year 2023 filing.
Credit Acceptance Corporation 401(k) Plan and Trust reported participants rose from 2,078 in the plan year 2022 filing to 2,249 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Finance & Insurance

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 2,249 participants - 3.5x that state average ($232M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$180M
Net Assets (End of Year)	$232M
Net Income	$52M
Employer EIN	381999511
Plan Effective Date	1993-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Credit Acceptance Corporation)

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

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Credit Acceptance Corporation 401(k) Pla… side-by-side with 3 peers →

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.

Incomm 401(k) Retirement Savings Plan (GA) $232M · 1,648
Hub Group Employee Profit Sharing and Trust Plan (IL) $232M · 6,154
American Multi-Cinema, Inc. 401(k) Savings Plan (KS) $232M · 8,869
Arentfox Schiff 401(k) Plan (DC) $232M · 968

Frequently Asked Questions

How did Credit Acceptance Corporation 401(k) Plan and Trust assets move in 2023? ▼

Credit Acceptance Corporation 401(k) Plan and Trust grew sharply - up 28.8% during 2023, from $180M to $232M. Reported net income was $52M.

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 127,072 plans that reported assets for plan year 2023 (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 Incomm 401(k) Retirement Savings Plan in GA ($232M, 1,648 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.

By total assets, Credit Acceptance Corporation 401(k) Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Credit Acceptance Corporation's sponsor-wide assets have grown 55.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381999511.