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Company:
Credit Acceptance Corporation
Plan:
Credit Acceptance Corporation 401k Profit Sharing Plan and Trust
 

Credit Acceptance Corporation

71 Plan: Credit Acceptance Corporation 401k Profit Sharing Plan and Trust

 
 
71
29
70
88
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (71) and the top rated plan (88) could equate to:
[How is this calculated?]
10 additional years of work
Up to $135,400 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Credit Acceptance Corporation 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Investment Menu Quality. Credit Acceptance Corporation 401k Profit Sharing Plan and Trust currently has over 1,000 active participants and over $24.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Top 3 Funds in this 401k
1. Credit Acceptance Corporation Stock Fund 13%
2. New York Life Anchor Account 11%
3. Vanguard 500 Index 7%

 Retirement Plan Details

Address 25505 W 12 Mile Rd. Ste 3000
Southfield, MI 48034-1846 
Industry All Other Nondepository Credit Intermediation
Administrator Thomas J Leeper
Sponsor John P. Neary
Net Plan Assets $24,800,000
Total Participants 1,000
Avg Account Balance $25,000

  Plan Service Providers

Insurance Carrier New York Life
Recordkeeper New York Life
Auditor Grant Thornton LLP

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