401(k) · DOL Form 5500 · 2023

Credit Acceptance Corporation 401(k) Plan

Data updated 2026-08-25

$232M
Total assets Near avg plan size
2,249
Participants Above avg headcount
95th
Percentile by assets National rank
$103,107
Avg per participant Below avg balance/head
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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.

  • #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.

#8,194
in Finance & Insurance (8,869 peers)
+28.8%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Credit Acceptance Corporation 401(k) Plan and Trust's outsized position 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

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 2023

Credit Acceptance Corporation 401(k) Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Credit Acceptance Corporation 401(k) Plan and Trust lands in the large band (2,249 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

EBSA filing schedule strip

Filing strip 381999511 · Credit Acceptance Corporation PY 2023 · 401(k)

Credit Acceptance Corporation 401(k) Plan and Trust · $232M · 2,249 · 95th

  • PCT $232M
  • PCT 2,249
  • PCT 95th
  • PCT 401(k)
  • PCT near Incomm 401(k) Retirement Savings Plan
  • PCT ind #8194

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 Michigan →

Credit Acceptance Corporation 401(k) Plan and Trust in the asset neighbourhood

Arentfox Schiff 401(k) Plan$232MAmerican Multi-Cinema, Inc. 401(k) Savings PlanAmerican Multi-Cinema, Inc. …$232MCredit Acceptance Corporation 401(k) Plan and TrustCredit Acceptance Corporatio…$232MIncomm 401(k) Retirement Savings PlanIncomm 401(k) Retirement Sav…$232MHub Group Employee Profit Sharing and Trust PlanHub Group Employee Profit Sh…$232M
End-of-year total assets ($M) among Credit Acceptance Corporation 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$232M
Net Income$52M
Employer EIN381999511
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Credit Acceptance Corporation)

Sponsor-wide plan assets over time

All Credit Acceptance Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$280M 55.369682854196554% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $180M $280M ▲ +55.4%
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 Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Credit Acceptance Corporation 401(k) Plan and Trust, Total assets ($B): 0.231887809 · Participants: 2249Credit Acceptance Corporation 401(k) Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Credit Acceptance Corporation 401(k) Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Credit Acceptance Corporation 401(k) Plan and Trust side-by-side with 3 peers →

Credit Acceptance Corporation 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Incomm 401(k) Retirement Savings Plan in GA ($232M); by covered participants it is Cirque Du Soleil 401(k) Retirement Plan in (2,249 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($232M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,249 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Credit Acceptance Corporation 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Cirque Du Soleil 401(k) Retirement Plan in (2,249 participants, $98M in assets).

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.

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.