401(k) · DOL Form 5500 · 2023

Elevate Credit Service, LLC 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
387
Participants Below avg headcount
87th
Percentile by assets National rank
$143,018
Avg per participant Near avg balance/head
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Official DOL plan name: Elevate Credit, Inc. 401(k) Plan · Sponsored by Elevate Credit Service, LLC · Texas · Finance & Insurance

$55M in assets, 387 participants

Elevate Credit Service, LLC's Elevate Credit, Inc. 401(k) Plan reported $55M in total assets and 387 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,043 in Finance & Insurance (8,869 peers)

Where Elevate Credit, Inc. 401(k) Plan sits by assets

Elevate Credit, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $55M for 387 participants (~$143,018/participant), up 1.6% in 2023.

#7,043
in Finance & Insurance (8,869 peers)
+1.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Elevate Credit, Inc. 401(k) Plan's outsized position by total assets

Elevate Credit, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$55,347,916 Top 13% higher than 87% 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

Elevate Credit, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elevate Credit, Inc. 401(k) Plan sits mid-pack in the medium band (387 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Elevate Credit, Inc. 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $895K in the plan year 2023 filing.
  • Elevate Credit, Inc. 401(k) Plan reported participants fell from 442 in the plan year 2022 filing to 387 in the plan year 2023 filing.
  • Elevate Credit, Inc. 401(k) Plan end-of-year assets rose from $54M in the plan year 2022 filing to $55M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 464714474 · Elevate Credit Service, LLC PY 2023 · 401(k)

Elevate Credit, Inc. 401(k) Plan · $55M · 387 · 87th

  • 5500 $55M
  • ASSETS 387
  • PCT 87th
  • EIN 401(k)
  • RANK near Fmi Corporation Retirement Savings 401(k) Plan
  • PHOTO ind #7043

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 Texas →

Elevate Credit, Inc. 401(k) Plan in the asset neighbourhood

Elevate Credit, Inc. 401(k) PlanElevate Credit, Inc. 401(k) …$55MFmi Corporation Retirement Savings 401(k) PlanFmi Corporation Retirement S…$55MUrban Health Plan, Inc. 401(k) PlanUrban Health Plan, Inc. 401(…$55MArhaus, LLC 401(k) Plan$55MDevelopment Corporation for Israel 401(k) PlanDevelopment Corporation for …$55M
End-of-year total assets ($M) among Elevate Credit, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$55M
Net Income$895K
Employer EIN464714474
Plan Effective Date2014-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elevate Credit Service, LLC)

Sponsor-wide plan assets over time

All Elevate Credit Service, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$66M 20.397410501512176% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $54.5M $65.6M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 442 $54M
2023 1 387 $55M
2024 1 297 $66M

Nearby 401(k) Plans in Texas

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

Elevate Credit, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Elevate Credit, Inc. 401(k) Plan, Total assets ($B): 0.055347916 · Participants: 387Elevate Credit, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Elevate Credit, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Elevate Credit, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Fmi Corporation Retirement Savings 401(k) Plan in NC ($55M); by covered participants it is Lb&b Associates Inc. 401(k) Plan in MD (387 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (387 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 Elevate Credit, Inc. 401(k) Plan assets move in 2023? ▼
Elevate Credit, Inc. 401(k) Plan edged up modestly - up 1.6% during 2023, from $54M to $55M. Reported net income was $895K.
How have Elevate Credit Service, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elevate Credit Service, LLC's sponsor-wide assets grew 20.4%, from $54M to $66M.
Where does Elevate Credit, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Elevate Credit, Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Elevate Credit, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fmi Corporation Retirement Savings 401(k) Plan in NC ($55M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Elevate Credit, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lb&b Associates Inc. 401(k) Plan in MD (387 participants, $22M 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 464714474.

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.