Credit Acceptance 401(k) match, vesting and fees
What Credit Acceptance's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Credit Acceptance: employer contribution per participant | $3,728 | |
| Peer median | $3,266 |
| Credit Acceptance: average balance | $112,131 | |
| Peer median | $137,177 |
| Credit Acceptance: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $205M at the end of plan year 2021 to $337M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 3,083 | $337M | $11.2M | $3,728 | 0.07% | Not published | Form 5500 ↗ |
| 2024 | 3,064 | $280M | $10.1M | $3,445 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 2,764 | $232M | $9.1M | $3,419 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 2,755 | $180M | $8.3M | $3,128 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 2,594 | $205M | $7.3M | $2,896 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Credit Acceptance match 401(k) contributions?
The match terms for the Credit Acceptance Corporation 401(k) Plan and Trust have not been published from its filing yet. The plan year 2025 filing reports $11.2M in employer contributions, about $3,728 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Credit Acceptance 401(k) match vested?
The vesting schedule for the Credit Acceptance Corporation 401(k) Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Credit Acceptance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Credit Acceptance Corporation.
I left Credit Acceptance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Credit Acceptance Corporation, (248) 353-2700) or the recordkeeper, Fidelity Investments Institutional. The Credit Acceptance old 401(k) page lists the contacts from every plan filing. Find an old Credit Acceptance 401(k)
Data from the public Form 5500 annual reports Credit Acceptance filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Credit Acceptance. Not financial advice. Report a correction · Methodology