401(k) · DOL Form 5500 · 2024

Credit Acceptance Corporation 401(k) Plan

Data updated 2026-08-25

$280M
Total assets Near avg plan size
2,229
Participants Above avg headcount
96th
Percentile by assets National rank
$125,514
Avg per participant Near 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

$280M in assets, 2,229 participants

Credit Acceptance Corporation's Credit Acceptance Corporation 401(k) Plan and Trust reported $280M in total assets and 2,229 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #7,925 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Credit Acceptance Corporation 401(k) Plan and Trust covers 2,229 participants in Michigan, 3.5x the typical Michigan plan (state average ~638 per filing). Assets: $280M.

#7,925
in Finance & Insurance (8,549 peers)
+20.6%
assets growth YoY
2.8×
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 2024 · DOL Form 5500

$279,770,588 Top 4% higher than 96% of 123,620 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 2024

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

Plan-year 2024 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 (2,229 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Credit Acceptance Corporation 401(k) Plan and Trust end-of-year assets rose from $232M in the plan year 2023 filing to $280M in the plan year 2024 filing.
  • Credit Acceptance Corporation 401(k) Plan and Trust reported net income fell from $52M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Credit Acceptance Corporation 401(k) Plan and Trust reported participants fell from 2,249 in the plan year 2023 filing to 2,229 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 381999511 · Credit Acceptance Corporation PY 2024 · 401(k)

Credit Acceptance Corporation 401(k) Plan and Trust · $280M · 2,229 · 96th

  • BOY $280M
  • SCH 2,229
  • EBSA 96th
  • PART 401(k)
  • TYPE near Capital Accumulation Plan
  • NET ind #7925

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

Hearthside Food Solutions 401(k) PlanHearthside Food Solutions 40…$280MMetso Retirement Savings Plan$280MMadison Air 401(k) Plan$280MCapital Accumulation Plan$280MCredit Acceptance Corporation 401(k) Plan and TrustCredit Acceptance Corporatio…$280M
End-of-year total assets ($M) among Credit Acceptance Corporation 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$232M
Net Assets (End of Year)$280M
Net Income$48M
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 -100102030 Total assets ($B) Participants Credit Acceptance Corporation 401(k) Plan and Trust, Total assets ($B): 0.279770588 · Participants: 2229Credit Acceptance Corporation 401(k) Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford 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

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 Capital Accumulation Plan in OH ($280M); by covered participants it is Tsmc Arizona Corporation 401(k) Plan in AZ (2,229 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($280M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,229 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Credit Acceptance Corporation 401(k) Plan and Trust grew sharply - up 20.6% during 2024, from $232M to $280M. Reported net income was $48M.
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 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Capital Accumulation Plan in OH ($280M, 2,445 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 Tsmc Arizona Corporation 401(k) Plan in AZ (2,229 participants, $62M in assets).