ESOP · DOL Form 5500 · 2023

Michael's Transportation Service, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
135
Participants Small participant base
59th
Percentile by assets National rank
$75,527
Avg per participant Below avg balance/head
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Official DOL plan name: Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Michael's Transportation Service, Inc. · California · Transportation & Warehousing

$10M in assets, 135 participants

Michael's Transportation Service, Inc.'s Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported $10M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #2,011 in Transportation & Warehousing (3,362 peers)

Coverage in California

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust covers 135 participants in California, about 21% of the average California filer (state average ~630 per filing). Assets: $10M.

#2,011
in Transportation & Warehousing (3,362 peers)
+16.8%
assets growth YoY

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Transportation & Warehousing and all filers

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,196,117 Top 41% higher than 59% of 127,068 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 2023

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $753K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 137 in the plan year 2022 filing to 135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 680467732 · Michael's Transportation Service, Inc. PY 2023 · ESOP

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust · $10M · 135 · 59th

  • EOY $10M
  • 5500 135
  • ASSETS 59th
  • PCT ESOP
  • EIN near Medicalodges, Inc. Employee Stock Ownership Plan
  • RANK ind #2011

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 What is an ESOP? → · Plans in California →

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and TrustMichael's Transportation Ser…$10MMedicalodges, Inc. Employee Stock Ownership PlanMedicalodges, Inc. Employee …$10MTech-Marine Business, Inc. Employee Stock Ownership PlanTech-Marine Business, Inc. E…$10MJohnson-Melloh Employee Stock Ownership PlanJohnson-Melloh Employee Stoc…$10MWestern Potatoes, Inc. Employee Stock Ownership PlanWestern Potatoes, Inc. Emplo…$10M
End-of-year total assets ($M) among Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN680467732
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael's Transportation Service, Inc.)

Sponsor-wide plan assets over time

All Michael's Transportation Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 24.103295748210144% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.73M $10.8M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 137 $9M
2023 1 135 $10M
2024 1 122 $11M

Nearby ESOP Plans in California

Peer ESOP plans, same state, same plan type, ranked by total assets.

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.010196117 · Participants: 135Michael's Transportation Service, Inc. Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants
Compare Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Medicalodges, Inc. Employee Stock Ownership Plan in KS ($10M); by covered participants it is Badger Corrugating Employee Stock Ownership Plan in WI (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust grew sharply - up 16.8% during 2023, from $9M to $10M. Reported net income was $2M.
How have Michael's Transportation Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael's Transportation Service, Inc.'s sponsor-wide assets grew 24.1%, from $9M to $11M.
Which ESOP plans are similar in size to Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Medicalodges, Inc. Employee Stock Ownership Plan in KS ($10M, 875 participants).
Which ESOP plans cover a similar participant headcount to Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Badger Corrugating Employee Stock Ownership Plan in WI (135 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 680467732.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.