Plan5500

Classic Transportation Services, Inc. Employee Stock Ownership Plan — Form 5500 plan (Classic Transportation Services, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Classic Transportation Services, Inc. Employee Stock Ownership Plan is a benefit plan reported by Classic Transportation Services, Inc. under EIN 38-2800519 and plan number 002. The latest loaded filing year is 2023. The filing reports 40 participants and $38,089,286 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$36.5MPlan net assets, end of year$36,485,970
Participants40Covered participants reported
Assets / participant$952.2KComputed: assets ÷ participants$952,232 (computed)
Provider compensationNone reported
Plan sponsor
Classic Transportation Services, Inc.
EIN
38-2800519
Plan number
002
Plan type
2
Location
Wayland, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202340I20241015132345NAL0056347250001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$38.1M total assets
Net assets$36.5MLiabilities$1.6M
Money in vs. money out
Total income / additions$11.7M
Total expenses$1.7M
Benefits paid / distributions$1.7M
Contributions
Employer$183.2K
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$38,089,286
Total liabilities (EOY)
$1,603,316
Net assets (EOY)
$36,485,970
Net assets (BOY)
$26,523,123

Income & contributions

Employer contributions
$183,216
Participant contributions
$0
Total income / additions
$11,689,123

Expenses & distributions

Benefits paid
$1,675,091
Administrative expenses
$0
Total expenses
$1,726,276
Net increase / (decrease)
$9,962,847
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 100%Participant 0%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income14%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages