ESOP · DOL Form 5500 · 2024

Michael's Transportation Service, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
122
Participants Small participant base
58th
Percentile by assets National rank
$88,811
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

$11M in assets, 122 participants

Michael's Transportation Service, Inc.'s Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported $11M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #1,937 in Transportation & Warehousing (3,299 peers)

Coverage in California

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust covers 122 participants in California, about 19% of the average California filer (state average ~630 per filing). Assets: $11M.

#1,937
in Transportation & Warehousing (3,299 peers)
+6.3%
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 2024 · DOL Form 5500

$10,834,940 Top 42% higher than 58% 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

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

Plan-year 2024 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 (122 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $990K in the plan year 2024 filing.
  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 135 in the plan year 2023 filing to 122 in the plan year 2024 filing.
  • Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 680467732 · Michael's Transportation Service, Inc. PY 2024 · ESOP

Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust · $11M · 122 · 58th

  • 5500 $11M
  • ASSETS 122
  • PCT 58th
  • EIN ESOP
  • RANK near Scimitar Inc. Employee Stock Ownership Plan
  • PHOTO ind #1937

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

Scimitar Inc. Employee Stock Ownership PlanScimitar Inc. Employee Stock…$11MEverett Co-Operative Bank Employee Stock Ownership PlanEverett Co-Operative Bank Em…$11MJudy Construction Company Employee Stock Ownership PlanJudy Construction Company Em…$11MMichael's Transportation Service, Inc. Employee Stock Ownership Plan and TrustMichael's Transportation Ser…$11MStory Construction Employee Stock Ownership PlanStory Construction Employee …$11M
End-of-year total assets ($M) among Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income$990K
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 -20246 Total assets ($B) Participants Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.01083494 · Participants: 122Michael's Transportation Service, Inc. Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. 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 Scimitar Inc. Employee Stock Ownership Plan in WA ($11M); by covered participants it is Assurance Mfg Co. Inc. Employee Stock Ownership Plan and Trust in MN (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Michael's Transportation Service, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 6.3% during 2024, from $10M to $11M. Reported net income was $990K.
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 Scimitar Inc. Employee Stock Ownership Plan in WA ($11M, 17 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 Assurance Mfg Co. Inc. Employee Stock Ownership Plan and Trust in MN (122 participants, $54M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.