401(k) · DOL Form 5500 · 2023

Midland Credit Management, Inc. 401(k) Plan

Data updated 2026-08-11

$143M
Total assets: 1,175
Participants: 93rd
Percentile by assets: $121,601
Avg per participant

Official DOL plan name: Midland Credit Management, Inc. 401(k) Retirement Savings Plan · Sponsored by Midland Credit Management, Inc. · California · Finance & Insurance

$143M in assets, 1,175 participants

Midland Credit Management, Inc.'s Midland Credit Management, Inc. 401(k) Retirement Savings Plan reported $143M in total assets and 1,175 participants in its 2023 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.

93rd percentile by assets (of 127,072 plans)
#7,936 in Finance & Insurance (8,869 peers)

Where Midland Credit Management, Inc. 401(k) Retirement Savings Plan sits by assets

Midland Credit Management, Inc. 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $143M for 1,175 participants (~$121,601/participant), up 24.7% in 2023.

$143M
total plan assets (2023 EOY): 1,175
covered participants: 93rd
percentile by assets (of 127,072 plans): $121,601
avg assets per participant

Midland Credit Management, Inc. 401(k) Retirement Savings Plan reported net income rose from -$23M in the plan year 2022 filing to $28M in the plan year 2023 filing.
Midland Credit Management, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $115M in the plan year 2022 filing to $143M in the plan year 2023 filing.
Midland Credit Management, Inc. 401(k) Retirement Savings Plan reported participants fell from 1,291 in the plan year 2022 filing to 1,175 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Finance & Insurance

Midland Credit Management, Inc. 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Midland Credit Management, Inc. 401(k) Retirement Savings Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$115M
Net Assets (End of Year)	$143M
Net Income	$28M
Employer EIN	480581733
Plan Effective Date	1998-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Midland Credit Management, Inc.)

Total plan assets by year, all Midland Credit Management, Inc. plans on file

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

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare Midland Credit Management, Inc. 401(k) R… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Midland Credit Management, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

The Motley Fool Holdings, Inc. 401(k) Plan (VA) $143M · 558
Firstbank 401(k) Retirement Plan for Residents of Puerto Rico (PR) $143M · 2,875
401(k) Savings Plan for Employees of Seattle Times Company and Subsidiaries (WA) $143M · 600
Touchpoint, Inc. Employees' 401(k) Plan (PA) $143M · 980

Frequently Asked Questions

How did Midland Credit Management, Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼

Midland Credit Management, Inc. 401(k) Retirement Savings Plan grew sharply - up 24.7% during 2023, from $115M to $143M. Reported net income was $28M.

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 127,072 plans that reported assets for plan year 2023 (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 The Motley Fool Holdings, Inc. 401(k) Plan in VA ($143M, 558 participants).

Next read for Midland Credit Management, Inc. 401(k) R…

Scale reading

Ways to act on Midland Credit Management, Inc. 401(k) Retirement Savings Plan's numbers.

By total assets, Midland Credit Management, Inc. 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
Midland Credit Management, Inc.'s sponsor-wide assets have grown 46.1% 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 480581733.