Colorado › Transportation and warehousing › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
North Park Transportation Co. Employee Stock Ownership Plan
Sponsored by North Park Transportation Company, 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.
North Park Transportation Co. Employee Stock Ownership Plan is an ESOP with a 401(k) feature sponsored by North Park Transportation Company of Denver, Colorado. For the plan year ending 31 Dec 2025 it reported 431 participants, 342 of them active, and net assets of $99.2M.
Net assets came to $245,312 per participant in plan year 2024, well above the $48,746 median for defined contribution plans with 250 to 499 participants and well above the $32,883 median for defined contribution plans in transportation and warehousing. 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 $1.4M during the year, or $4,094 per active participant against a same-size median of $2,017; participants contributed $1.7M. Benefits paid out totalled $13.0M.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $106K: $245 per participant, well below the same-size median of $141. Administrative expenses charged to the plan were $109K. 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 $59.9M in 2009 to $99.2M in 2025 (up 66%), and participants from 330 to 431 (up 31%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $245,312 | $48,746 | $32,883 | $53,102 |
| Employer contributions per active participant | $5,919 | $2,017 | $1,396 | $2,175 |
| Schedule C compensation per participant | $30.58 | $141 | $113 | $123 |
| Schedule C compensation, share of net assets | 0.01% | 0.30% | 0.33% | 0.26% |
| Administrative expenses per participant | $86.86 | $133 | $97.79 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), transportation and warehousing (1,909) and all US plans (63,460). 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 | 431 | $99.2M | $230,158 | $1.4M | $1.7M | $106K |
| 2024 | 412 | $101M | $245,311 | $1.9M | $1.6M | $13K |
| 2023 | 411 | $92.1M | $224,036 | $2.3M | $1.6M | $11K |
| 2022 | 384 | $81.1M | $211,135 | $2.3M | $1.3M | $12K |
| 2021 | 370 | $82.9M | $224,186 | $1.4M | $1.1M | $11K |
| 2020 | 350 | $67.2M | $191,926 | $810K | $917K | $11K |
| 2019 | 349 | $64.1M | $183,665 | $1.0M | $921K | $11K |
| 2018 | 331 | $57.3M | $173,172 | $1.2M | $851K | $11K |
| 2017 | 332 | $56.7M | $170,777 | $1.0M | $841K | $11K |
| 2016 | 339 | $56.0M | $165,327 | $1.0M | $852K | $10K |
| 2015 | 352 | $60.6M | $172,074 | $1.0M | $923K | $10K |
| 2014 | 345 | $65.5M | $189,951 | $1.1M | $795K | $10K |
| 2013 | 328 | $72.7M | $221,695 | $1.0M | $850K | $10K |
| 2012 | 325 | $70.0M | $215,295 | $825K | $797K | $8,000 |
| 2011 | 310 | $67.9M | $218,942 | $825K | $680K | $10K |
| 2010 | 312 | $65.8M | $210,968 | $750K | $671K | $7,000 |
| 2009 | 330 | $59.9M | $181,545 | $650K | $804K | $9,000 |
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$101,068,389
- Employer contributions$1,400,000
- Participant contributions$1,737,251
- Rollovers and other contributions—
- Total contributions$3,137,251
- Total income, including investment results$11,279,314
- Benefits paid$13,040,677
- Administrative expenses$108,550
- Total expenses$13,149,227
- Net income−$1,869,913
- Net transfers$0
- Net assets, end of year$99,198,476
Participants
- Active participants342
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits88
- Participants with account balances428
- Total participants, end of year431
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Western Wealth Management, LLC | Investment advisory (plan) | $92,022 | $0 |
| Jones Mertsching CPAS, P.C. | Accounting (including auditing) | $13,500 | $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
- Investment advisory and management fees$94,760
- IQPA audit fees$13,500
- Other administrative expenses$165
- Trustee and custodial fees$125
- Total administrative expenses$108,550
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.
- Employer securities$40.8M · 41.1%
- Registered investment companies (mutual funds)$22.3M · 22.5%
- U.S. Government securities$18.7M · 18.8%
- Cash (interest and non-interest bearing)$6.6M · 6.6%
- Corporate debt instruments$6.0M · 6.0%
- Corporate stocks$1.7M · 1.7%
- Receivables$1.7M · 1.7%
- Participant loans$950K · 1.0%
- Other investments$602K · 0.6%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmJones Mertsching CPAS, P.C.
- 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
2EProfit-sharing plan2IStock bonus2JCode section 401(k) feature2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 484120: General Freight Trucking, Long-distance.
Similar plans in Colorado
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Western Distributing Company Employees' Profit Sharing Plan & Trust | Western Distributing Company | 441 | $17.8M | $40,305 |
| Key Lime Air 401(k) Plan | Key Lime Air Corporation | 375 | $7.6M | $20,167 |
| Symbia Logistics 401(k) Plan | Symbia Logistics | 463 | $314K | $679 |
| Acme Distribution / Howard Logistics 401(k) Plan | Acme Distribution / Howard Logistics | 336 | $7.7M | $22,944 |
| Navajo Express 401(k) Retirement Savings Plan | Navajo Shippers, Inc. | 472 | $5.5M | $11,756 |
| Denver Transit Operators, LLC | Denver Transit Operators, LLC | 333 | $11.1M | $33,217 |
Defined contribution plans in transportation and warehousing closest in size.
Questions and answers
How big is North Park Transportation Co. Employee Stock Ownership Plan?
431 participants at the end of the plan year ending 31 Dec 2025, of whom 342 were active employees, with net assets of $99,198,476. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does North Park Transportation Company contribute per participant?
The filing reports $1,400,000 in employer contributions for the year, which is $4,094 per active participant; the median for plans of the same type and size was $2,017 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 $105,522 in compensation to service provider organisations, $245 per participant or 0.11% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $108,550. 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 North Park Transportation Company. Investment advisory or management: Western Wealth Management, LLC. The financial statements were audited by Jones Mertsching CPAS, P.C.. 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. 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 27 Jul 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 Aug 2026. This page shows the latest filing on record for EIN 84-0364105, plan 001, received 27 Jul 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.