ESOP · DOL Form 5500 · 2024

Classic Transportation Services, Inc. ESOP

Data updated 2026-08-25

$44M
Total assets Below avg plan size
35
Participants Small participant base
83rd
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: Classic Transportation Services, Inc. Employee Stock Ownership Plan · Sponsored by Classic Transportation Services, Inc. · Michigan · Transportation & Warehousing

$44M in assets, 35 participants

Classic Transportation Services, Inc.'s Classic Transportation Services, Inc. Employee Stock Ownership Plan reported $44M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #2,681 in Transportation & Warehousing (3,299 peers)

Where Classic Transportation Services, Inc. Employee Stock Ownership Plan sits by assets

Classic Transportation Services, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $44M for 35 participants (~$1.2M/participant), up 14.4% in 2024.

#2,681
in Transportation & Warehousing (3,299 peers)
+14.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Classic Transportation Services, Inc. Employee Stock Ownership Plan's outsized position by total assets

Classic Transportation Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$43,581,197 Top 17% higher than 83% of 123,620 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 2024

Classic Transportation Services, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Classic Transportation Services, Inc. Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Classic Transportation Services, Inc. Employee Stock Ownership Plan reported net income fell from $10M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Classic Transportation Services, Inc. Employee Stock Ownership Plan end-of-year assets rose from $38M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Classic Transportation Services, Inc. Employee Stock Ownership Plan reported participants rose from 34 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382800519 · Classic Transportation Services, Inc. PY 2024 · ESOP

Classic Transportation Services, Inc. Employee Stock Ownership Plan · $44M · 35 · 83rd

  • BOY $44M
  • SCH 35
  • EBSA 83rd
  • PART ESOP
  • TYPE near Scitec, Inc. Employee Stock Ownership Plan
  • NET ind #2681

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 Michigan →

Classic Transportation Services, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Jensen Builders Ltd. Employee Stock Ownership PlanJensen Builders Ltd. Employe…$44MClassic Transportation Services, Inc. Employee Stock Ownership PlanClassic Transportation Servi…$44MScitec, Inc. Employee Stock Ownership PlanScitec, Inc. Employee Stock …$44MRsp Architects, Ltd Employee Stock Ownership PlanRsp Architects, Ltd Employee…$44MCornerstone Systems, Inc. Employee Stock Ownership PlanCornerstone Systems, Inc. Em…$44M
End-of-year total assets ($M) among Classic Transportation Services, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$42M
Net Income$6M
Employer EIN382800519
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Classic Transportation Services, Inc.)

Sponsor-wide plan assets over time

All Classic Transportation Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 54.247970834838725% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $28.3M $43.6M ▲ +54.3%
Year Plans Participants Total Assets
2022 1 36 $28M
2023 1 34 $38M
2024 1 35 $44M

Nearby ESOP Plans in Michigan

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

Classic Transportation Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Classic Transportation Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.043581197 · Participants: 35Classic Transportation Services, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Classic Transportation Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest ESOP by assets is Scitec, Inc. Employee Stock Ownership Plan in NJ ($44M); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Classic Transportation Services, Inc. Employee Stock Ownership Plan assets move in 2024?
Classic Transportation Services, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.4% during 2024, from $38M to $44M. Reported net income was $6M.
How have Classic Transportation Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Classic Transportation Services, Inc.'s sponsor-wide assets grew 54.2%, from $28M to $44M.
Where does Classic Transportation Services, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Classic Transportation Services, Inc. Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Classic Transportation Services, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Scitec, Inc. Employee Stock Ownership Plan in NJ ($44M, 306 participants).
Which ESOP plans cover a similar participant headcount to Classic Transportation Services, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Micro Craft ESOP in TN (35 participants, $108 in assets).