Midland Credit Management, Inc. 401(k) Plan: Login, Facts & Contact Information

Midland Credit Management, Inc. 401(k) Plan Facts

Plan name
MIDLAND CREDIT MANAGEMENT, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MIDLAND CREDIT MANAGEMENT, INC.
Participants
1,960 (1,462 active employees)
Former employees with a balance
683
Plan assets
$167,396,303 at Dec 31, 2024
Average account balance
$80,985 across 2,067 accounts
Employer contributions
$2,220,163 in plan year 2024 (15% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 1, 1998
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 18, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $14.9 million went into the plan in contributions, $2.22 million of it from the employer (15%).
  • $11.5 million was paid out to participants.
  • Investment and other income added $21.3 million.
  • Administrative expenses were $214,192, about $104 per account.

How the Midland Credit Management, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,007$99.3 million$2.82 million$8.60 million
20202,066$115.6 million$2.92 million$12.4 million
20212,035$138.0 million$2.96 million$9.17 million
20221,929$114.6 million$2.72 million$12.6 million
20231,811$142.9 million$4.47 million$8.72 million
20241,960$167.4 million$2.22 million$11.5 million

Midland Credit Management, Inc. 401(k) Contact Information

Phone
858-309-9213
Mailing address
350 CAMINO DE LA REINA SUITE 100, SAN DIEGO CA 92108
Plan sponsor
MIDLAND CREDIT MANAGEMENT, INC.
Employer identification number (EIN)
48-0581733
Plan number
001

Questions about the Midland Credit Management, Inc. 401(k)

Does Midland Credit Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.22 million, 15% of all contributions.

Does the Midland Credit Management, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Midland Credit Management, Inc 401(k) plan?

1,960 participants at the start of plan year 2024, 1,462 of them active employees, and 683 former employees who still had money in the plan.

What is the average 401(k) balance at Midland Credit Management, Inc?

About $80,985 per account: $167.4 million in plan assets across 2,067 accounts with a balance at the end of plan year 2024.

Who manages the Midland Credit Management, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Midland Credit Management, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 307 WEST COLE STREET, MOUNDRIDGE, KS, 67107
Headquarter: 101 E. PALATINE ROAD, WHEELING, IL, 60090
Headquarter: 1000 EATON BOULEVARD, CLEVELAND, OH, 44122
Headquarter: 539 SOUTH MAIN STREET, FINDLAY, OH, 45840
Headquarter: ONE NATIONWIDE PLAZA 1-04-101, COLUMBUS, OH, 43215