401k Plan data: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN plan

ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 401k Plan overview

Plan Name	ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN
Plan identification number	002

ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ASSET ACCEPTANCE, LLC has sponsored the creation of one or more 401k plans.

Company Name: ASSET ACCEPTANCE, LLC

Employer identification number (EIN): 010743765

NAIC Classification: 522291
NAIC Description: Consumer Lending

Additional information about ASSET ACCEPTANCE, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 3568396

More information about ASSET ACCEPTANCE, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 KAITLIN CHALLIS
002 2013-01-01 ANNIE MIDDLEBROOK
002 2012-01-01 J. MARK WARNER
002 2011-01-01 REID SIMPSON
002 2010-01-01 REID SIMPSON
002 2009-01-01 REID SIMPSON
002 2009-01-01 REID SIMPSON

Plan id#	Filing Submission Date	Name of Administrator
002	2014-01-01	KAITLIN CHALLIS
002	2013-01-01	ANNIE MIDDLEBROOK
002	2012-01-01	J. MARK WARNER
002	2011-01-01	REID SIMPSON
002	2010-01-01	REID SIMPSON
002	2009-01-01	REID SIMPSON
002	2009-01-01	REID SIMPSON

Plan Statistics for ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN

401k plan membership statisitcs for ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN

Measure Date Value
2014: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 765
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 999
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 590
Number of retired or separated participants receiving benefits 2013-01-01 18
Number of other retired or separated participants entitled to future benefits 2013-01-01 157
Total of all active and inactive participants 2013-01-01 765
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 765
Number of participants with account balances 2013-01-01 720
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 136
2012: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,184
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 765
Number of retired or separated participants receiving benefits 2012-01-01 7
Number of other retired or separated participants entitled to future benefits 2012-01-01 164
Total of all active and inactive participants 2012-01-01 936
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 936
Number of participants with account balances 2012-01-01 886
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 218
2011: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,535
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 929
Number of retired or separated participants receiving benefits 2011-01-01 36
Number of other retired or separated participants entitled to future benefits 2011-01-01 161
Total of all active and inactive participants 2011-01-01 1,126
Total participants 2011-01-01 1,126
Number of participants with account balances 2011-01-01 1,056
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 112
2010: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 1,756
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 1,040
Number of retired or separated participants receiving benefits 2010-01-01 87
Number of other retired or separated participants entitled to future benefits 2010-01-01 408
Total of all active and inactive participants 2010-01-01 1,535
Total participants 2010-01-01 1,535
Number of participants with account balances 2010-01-01 1,456
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 108
2009: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 1,741
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 1,358
Number of retired or separated participants receiving benefits 2009-01-01 76
Number of other retired or separated participants entitled to future benefits 2009-01-01 322
Total of all active and inactive participants 2009-01-01 1,756
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 1,756
Number of participants with account balances 2009-01-01 1,656
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 249

Measure	Date	Value
2014: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	765
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	999
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	590
Number of retired or separated participants receiving benefits	2013-01-01	18
Number of other retired or separated participants entitled to future benefits	2013-01-01	157
Total of all active and inactive participants	2013-01-01	765
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	765
Number of participants with account balances	2013-01-01	720
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	136
2012: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,184
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	765
Number of retired or separated participants receiving benefits	2012-01-01	7
Number of other retired or separated participants entitled to future benefits	2012-01-01	164
Total of all active and inactive participants	2012-01-01	936
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	936
Number of participants with account balances	2012-01-01	886
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	218
2011: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,535
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	929
Number of retired or separated participants receiving benefits	2011-01-01	36
Number of other retired or separated participants entitled to future benefits	2011-01-01	161
Total of all active and inactive participants	2011-01-01	1,126
Total participants	2011-01-01	1,126
Number of participants with account balances	2011-01-01	1,056
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	112
2010: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	1,756
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	1,040
Number of retired or separated participants receiving benefits	2010-01-01	87
Number of other retired or separated participants entitled to future benefits	2010-01-01	408
Total of all active and inactive participants	2010-01-01	1,535
Total participants	2010-01-01	1,535
Number of participants with account balances	2010-01-01	1,456
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	108
2009: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	1,741
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	1,358
Number of retired or separated participants receiving benefits	2009-01-01	76
Number of other retired or separated participants entitled to future benefits	2009-01-01	322
Total of all active and inactive participants	2009-01-01	1,756
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	1,756
Number of participants with account balances	2009-01-01	1,656
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	249

Financial Data on ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN

Measure	Date	Value
2014 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-08-31	$0
Total transfer of assets from this plan	2014-08-31	$19,245,847
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-08-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-08-31	$0
Total income from all sources (including contributions)	2014-08-31	$-49,615
Total loss/gain on sale of assets	2014-08-31	$0
Total of all expenses incurred	2014-08-31	$2,278
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-08-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-08-31	$0
Value of total assets at end of year	2014-08-31	$0
Value of total assets at beginning of year	2014-08-31	$19,297,740
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-08-31	$2,278
Total interest from all sources	2014-08-31	$2,689
Total dividends received (eg from common stock, registered investment company shares)	2014-08-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-08-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2014-08-31	$0
Was this plan covered by a fidelity bond	2014-08-31	Yes
Value of fidelity bond cover	2014-08-31	$500,000
If this is an individual account plan, was there a blackout period	2014-08-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-08-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-08-31	No
Participant contributions at end of year	2014-08-31	$0
Participant contributions at beginning of year	2014-08-31	$946,133
Other income not declared elsewhere	2014-08-31	$42,959
Total non interest bearing cash at end of year	2014-08-31	$0
Total non interest bearing cash at beginning of year	2014-08-31	$253,979
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-08-31	No
Value of net income/loss	2014-08-31	$-51,893
Value of net assets at end of year (total assets less liabilities)	2014-08-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-08-31	$19,297,740
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-08-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-08-31	No
Were any leases to which the plan was party in default or uncollectible	2014-08-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-08-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-08-31	$17,569,713
Interest on participant loans	2014-08-31	$2,689
Value of interest in common/collective trusts at end of year	2014-08-31	$0
Value of interest in common/collective trusts at beginning of year	2014-08-31	$527,915
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-08-31	$-95,476
Net investment gain or loss from common/collective trusts	2014-08-31	$213
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-08-31	No
Was there a failure to transmit to the plan any participant contributions	2014-08-31	No
Has the plan failed to provide any benefit when due under the plan	2014-08-31	No
Contract administrator fees	2014-08-31	$2,278
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2014-08-31	Yes
Did the plan have assets held for investment	2014-08-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-08-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-08-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-08-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-08-31	Disclaimer
Accountancy firm name	2014-08-31	BDO USA, LLP
Accountancy firm EIN	2014-08-31	135381590
2013 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$6,736,016
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$5,222,440
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$5,086,087
Expenses. Certain deemed distributions of participant loans	2013-12-31	$46,837
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$3,358,130
Value of total assets at end of year	2013-12-31	$19,297,740
Value of total assets at beginning of year	2013-12-31	$17,784,164
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$89,516
Total interest from all sources	2013-12-31	$41,048
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$2,106,138
Participant contributions at end of year	2013-12-31	$946,133
Participant contributions at beginning of year	2013-12-31	$1,229,039
Participant contributions at beginning of year	2013-12-31	$2,312
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$47,116
Total non interest bearing cash at end of year	2013-12-31	$253,979
Total non interest bearing cash at beginning of year	2013-12-31	$29,108
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,513,576
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$19,297,740
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$17,784,164
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$17,569,713
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$15,687,548
Interest on participant loans	2013-12-31	$41,048
Value of interest in common/collective trusts at end of year	2013-12-31	$527,915
Value of interest in common/collective trusts at beginning of year	2013-12-31	$834,587
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$3,316,840
Net investment gain or loss from common/collective trusts	2013-12-31	$19,998
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,204,876
Employer contributions (assets) at beginning of year	2013-12-31	$1,570
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$5,086,087
Contract administrator fees	2013-12-31	$89,516
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BDO USA, LLP
Accountancy firm EIN	2013-12-31	135381590
2012 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$5,795,035
Total of all expenses incurred	2012-12-31	$3,589,832
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$3,457,239
Expenses. Certain deemed distributions of participant loans	2012-12-31	$45,819
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$3,537,886
Value of total assets at end of year	2012-12-31	$17,784,164
Value of total assets at beginning of year	2012-12-31	$15,578,961
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$86,774
Total interest from all sources	2012-12-31	$54,542
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$2,115,828
Participant contributions at end of year	2012-12-31	$1,229,039
Participant contributions at beginning of year	2012-12-31	$1,626,758
Participant contributions at end of year	2012-12-31	$2,312
Participant contributions at beginning of year	2012-12-31	$10,039
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$185,696
Total non interest bearing cash at end of year	2012-12-31	$29,108
Total non interest bearing cash at beginning of year	2012-12-31	$20,739
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$2,205,203
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$17,784,164
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$15,578,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$15,687,548
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$13,147,238
Interest on participant loans	2012-12-31	$54,542
Value of interest in common/collective trusts at end of year	2012-12-31	$834,587
Value of interest in common/collective trusts at beginning of year	2012-12-31	$761,032
Net investment gain/loss from pooled separate accounts	2012-12-31	$2,188,777
Net investment gain or loss from common/collective trusts	2012-12-31	$13,830
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$1,236,362
Employer contributions (assets) at end of year	2012-12-31	$1,570
Employer contributions (assets) at beginning of year	2012-12-31	$13,155
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$3,457,239
Contract administrator fees	2012-12-31	$86,774
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BDO USA, LLP
Accountancy firm EIN	2012-12-31	135381590
2011 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$2,323,156
Total of all expenses incurred	2011-12-31	$4,491,659
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$4,347,361
Expenses. Certain deemed distributions of participant loans	2011-12-31	$42,503
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$2,491,586
Value of total assets at end of year	2011-12-31	$15,578,961
Value of total assets at beginning of year	2011-12-31	$17,747,464
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$101,795
Total interest from all sources	2011-12-31	$69,530
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$399,135
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$399,135
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$1,991,797
Participant contributions at end of year	2011-12-31	$1,626,758
Participant contributions at beginning of year	2011-12-31	$1,767,191
Participant contributions at end of year	2011-12-31	$10,039
Participant contributions at beginning of year	2011-12-31	$6,760
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$207,763
Total non interest bearing cash at end of year	2011-12-31	$20,739
Total non interest bearing cash at beginning of year	2011-12-31	$53,588
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-2,168,503
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$15,578,961
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$17,747,464
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$13,147,238
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$15,015,333
Interest on participant loans	2011-12-31	$69,530
Value of interest in common/collective trusts at end of year	2011-12-31	$761,032
Value of interest in common/collective trusts at beginning of year	2011-12-31	$904,592
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-650,342
Net investment gain or loss from common/collective trusts	2011-12-31	$13,247
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$292,026
Employer contributions (assets) at end of year	2011-12-31	$13,155
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$4,347,361
Contract administrator fees	2011-12-31	$101,795
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	GRANT THORNTON, LLP
Accountancy firm EIN	2011-12-31	366055558
2010 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$4,475,615
Total of all expenses incurred	2010-12-31	$3,003,923
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$2,846,070
Expenses. Certain deemed distributions of participant loans	2010-12-31	$31,889
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$2,373,467
Value of total assets at end of year	2010-12-31	$17,747,464
Value of total assets at beginning of year	2010-12-31	$16,275,772
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$125,964
Total interest from all sources	2010-12-31	$67,712
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$360,256
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$360,256
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$2,056,363
Participant contributions at end of year	2010-12-31	$1,767,191
Participant contributions at beginning of year	2010-12-31	$1,484,050
Participant contributions at end of year	2010-12-31	$6,760
Participant contributions at beginning of year	2010-12-31	$295
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$317,104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$5,510
Other income not declared elsewhere	2010-12-31	$32,606
Total non interest bearing cash at end of year	2010-12-31	$53,588
Total non interest bearing cash at beginning of year	2010-12-31	$2,035
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$1,471,692
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$17,747,464
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$16,275,772
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$15,015,333
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$13,896,405
Interest on participant loans	2010-12-31	$67,712
Value of interest in common/collective trusts at end of year	2010-12-31	$904,592
Value of interest in common/collective trusts at beginning of year	2010-12-31	$868,545
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$8,351
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$8,351
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,641,574
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Employer contributions (assets) at beginning of year	2010-12-31	$10,581
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$2,846,070
Contract administrator fees	2010-12-31	$125,964
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	GRANT THORNTON, LLP
Accountancy firm EIN	2010-12-31	366055558
2009 : ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN

2014: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: ASSET ACCEPTANCE CAPITAL CORP. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	ASSET ACCEPTANCE, LLC
Employer identification number (EIN):	010743765
NAIC Classification:	522291
NAIC Description:	Consumer Lending

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	3568396