Colorado › Wholesale trade › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
The Denver Wholesale Florists Employee Stock Ownership Plan
Sponsored by The Denver Wholesale Florist Co., Denver, CO
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Denver Wholesale Florist Co. of Denver, Colorado sponsors The Denver Wholesale Florists Employee Stock Ownership Plan, an employee stock ownership plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 254 participants (0 active) and $1.4M in net assets.
Net assets came to $65,875 per participant in plan year 2024, above the $60,207 median for defined contribution plans with 100 to 249 participants and close to the $65,560 median for defined contribution plans in wholesale trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $656K during the year; participants contributed —. Benefits paid out totalled $9.0M.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $47K: $186 per participant, close to the same-size median of $194. Administrative expenses charged to the plan were $49K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from −$4.2M in 2009 to $1.4M in 2025 (), and participants from 232 to 254 (up 9%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $65,875 | $60,207 | $65,560 | $53,089 |
| Employer contributions per active participant | $4,025 | $2,447 | $2,104 | $2,174 |
| Schedule C compensation per participant | — | $194 | $154 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.27% | 0.26% |
| Administrative expenses per participant | — | $176 | $147 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (22,054 plans), wholesale trade (3,539) and all US plans (63,607). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 254 | $1.4M | $5,472 | $656K | — | $47K |
| 2024 | 227 | $15.0M | $65,877 | $656K | — | $0 |
| 2023 | 207 | $15.9M | $76,681 | $1.4M | — | $0 |
| 2022 | 194 | $19.0M | $98,031 | $1.3M | — | $0 |
| 2021 | 176 | $17.0M | $96,511 | $2.1M | — | $0 |
| 2020 | 240 | $13.2M | $54,967 | $1.4M | $0 | $0 |
| 2019 | 249 | $12.0M | $48,024 | $891K | $0 | $0 |
| 2018 | 241 | $11.4M | $47,369 | $806K | $0 | $0 |
| 2017 | 240 | $9.6M | $39,900 | $658K | $0 | $0 |
| 2016 | 232 | $8.1M | $35,112 | $591K | $0 | $0 |
| 2015 | 233 | $4.5M | $19,429 | $869K | $0 | $0 |
| 2014 | 236 | $1.2M | $4,970 | $817K | $0 | $0 |
| 2013 | 234 | −$145K | −$620 | $817K | $0 | $0 |
| 2012 | 225 | −$1.5M | −$6,667 | $817K | $0 | $0 |
| 2011 | 230 | −$2.3M | −$10,191 | $817K | $0 | $0 |
| 2010 | 232 | −$3.4M | −$14,474 | $817K | $0 | $0 |
| 2009 | 232 | −$4.2M | −$17,897 | $817K | $0 | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$14,953,714
- Employer contributions$656,043
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$656,043
- Total income, including investment results−$4,315,576
- Benefits paid$8,984,589
- Administrative expenses$49,319
- Total expenses$9,247,667
- Net income−$13,563,243
- Net transfers$0
- Net assets, end of year$1,390,471
Participants
- Active participants0
- Retired or separated, receiving benefits240
- Retired or separated, entitled to future benefits9
- Participants with account balances254
- Total participants, end of year254
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| ESOP Law Group | Legal | $24,713 | $0 |
| Greatbanc | Trustee (bank, trust company, or similar financial institution) | $12,500 | $0 |
| Principal | Plan Administrator | $10,019 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Legal fees$26,800
- Trustee and custodial fees$12,500
- Recordkeeping fees$10,019
- Total administrative expenses$49,319
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$1.4M · 98.6%
- Receivables$20K · 1.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmPlante Moran
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2IStock bonus2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 424930: Flower, Nursery Stock, & Florists' Supplies.
Other plans of The Denver Wholesale Florist Co.
| Plan | Participants | Net assets |
|---|---|---|
| The Denver Wholesale Florists Co. 401(k) Retirement Plan | 269 | $12.9M |
Similar plans in Colorado
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Navajo Manufacturing Company Inc. 401(k) Retirement | Navajo Manufacturing Company, Inc. | 266 | $4.8M | $17,871 |
| Miller International, Inc. 401(k) Profit Sharing Plan | Miller International, Inc. | 246 | $16.8M | $68,330 |
| The Denver Wholesale Florists Co. 401(k) Retirement Plan | The Denver Wholesale Florists Co. | 269 | $12.9M | $48,129 |
| Krayden Inc. 401(k) Profit Sharing Plan | Krayden, Inc. | 235 | $11.7M | $49,753 |
| Brown Strauss, Inc. 401(k) Savings Plan | Brown Strauss, Inc. | 273 | $30.2M | $110,500 |
| General Air Service & Supply Co. Employee Stock Ownership Plan | General Air Service & Supply | 228 | $12.2M | $53,626 |
Defined contribution plans in wholesale trade closest in size.
Questions and answers
How big is The Denver Wholesale Florists Employee Stock Ownership Plan?
254 participants at the end of the plan year ending 31 Dec 2025, of whom 0 were active employees, with net assets of $1,390,471. Among defined contribution plans that places it in the 250 to 499 participants band, which held 22,054 plans in plan year 2024.
What does The Denver Wholesale Florist Co. contribute per participant?
The filing reports $656,043 in employer contributions for the year; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $47,232 in compensation to service provider organisations, $186 per participant or 3.4% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $49,319. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Denver Wholesale Florist Co.. Recordkeeping or administration: Principal. Trustee or custodian: Greatbanc. The financial statements were audited by Plante Moran. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 23 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 84-0188620, plan 002, received 23 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.