401(k) · DOL Form 5500 · 2022

Wings Financial Credit Union 401(k) Plan

Data updated 2026-08-11

$72M
Total assets
616
Participants
91st
Percentile by assets
$116,801
Avg per participant
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Official DOL plan name: Wings Financial Credit Union Retirement Savings Plan · Sponsored by Wings Financial Credit Union · Minnesota · Finance & Insurance

$72M in assets, 616 participants

Wings Financial Credit Union's Wings Financial Credit Union Retirement Savings Plan reported $72M in total assets and 616 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #7,878 in Finance & Insurance (9,261 peers)

Where Wings Financial Credit Union Retirement Savings Plan sits by assets

Wings Financial Credit Union Retirement Savings Plan sits in the top 10% of all filed plans by assets, $72M for 616 participants (~$116,801/participant), down 12.2% in 2022.

$72M
total plan assets (2022 EOY)
616
covered participants
91st
percentile by assets (of 139,126 plans)
$116,801
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Wings Financial Credit Union Retirement Savings Plan sits by total assets

Wings Financial Credit Union Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$71,949,145 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

Wings Financial Credit Union Retirement Savings Plan vs the 2022 asset distribution

By assets, Wings Financial Credit Union Retirement Savings Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$72M
Net Income-$10M
Employer EIN416028665
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wings Financial Credit Union)

$60M$80M$100M$120M 202220232024 $72M $108M ▲ +49.5%
Total plan assets by year, all Wings Financial Credit Union plans on file
Year Plans Participants Total Assets
2022 1 616 $72M
2023 1 697 $94M
2024 1 796 $108M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wings Financial Credit Union Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Wings Financial Credit Union Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Wings Financial Cred…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Wings Financial Credit Union Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wings Financial Credit Union Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wings Financial Credit Union Retirement Savings Plan assets move in 2022?
Wings Financial Credit Union Retirement Savings Plan pulled back noticeably - down 12.2% during 2022, from $82M to $72M. Reported net income was -$10M.
How have Wings Financial Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Wings Financial Credit Union's sponsor-wide assets grew 49.5%, from $72M to $108M.
Where does Wings Financial Credit Union Retirement Savings Plan rank by assets among Form 5500 filers?
Wings Financial Credit Union Retirement Savings Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Wings Financial Credit Union Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Eagle Physicians and Associates, P.a. Employees' Savings and Retirement Plan in NC ($72M, 382 participants).

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