401(k) · DOL Form 5500 · 2022

Red Wing Shoe Company, Inc. 401(k) Plan

Data updated 2026-08-11

$159M
Total assets
1,963
Participants
95th
Percentile by assets
$80,816
Avg per participant
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Official DOL plan name: Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Red Wing Shoe Company, Inc. · Minnesota · Manufacturing

$159M in assets, 1,963 participants

Red Wing Shoe Company, Inc.'s Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported $159M in total assets and 1,963 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #18,939 in Manufacturing (20,602 peers)

Where Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits by assets

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $159M for 1,963 participants (~$80,816/participant), down 18.1% in 2022.

$159M
total plan assets (2022 EOY)
1,963
covered participants
95th
percentile by assets (of 139,126 plans)
$80,816
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits by total assets

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$158,641,751 Top 5% higher than 95% 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

State
Minnesota
Industry
Manufacturing

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs the 2022 asset distribution

By assets, Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$159M
Net Income-$35M
Employer EIN410498220
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Red Wing Shoe Company, Inc.)

$180M$200M$220M$240M$260M$280M 202220232024 $255M $191M ▼ -25.2%
Total plan assets by year, all Red Wing Shoe Company, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,104 $255M
2023 2 2,177 $217M
2024 1 2,011 $191M

Nearby 401(k) Plans in Minnesota

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

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Red Wing Shoe Compan…, Total assets ($B): 0.158641751 · Participants: 1963Red Wing Shoe Compan…Unitedhealth Group 4…, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 4…Medtronic Savings an…, Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings an…Target Corporation 4…, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 4…3M Voluntary Investm…, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Sav…
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Red Wing Shoe Company, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan declined sharply - down 18.1% during 2022, from $194M to $159M. Reported net income was -$35M.
How have Red Wing Shoe Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Red Wing Shoe Company, Inc.'s sponsor-wide assets declined 25.2%, from $255M to $191M.
Where does Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cpsi 401(k) Retirement Plan in AL ($159M, 1,935 participants).

Next read for Red Wing Shoe Company, Inc. 401(k) Profi…

Scale reading

Ways to act on Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Red Wing Shoe Company, Inc.'s sponsor-wide assets have declined 25.2% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410498220.

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.