ESOP · DOL Form 5500 · 2022

Windings Inc. ESOP

Data updated 2026-08-11

$32M
Total assets
131
Participants
84th
Percentile by assets
$244,641
Avg per participant
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Official DOL plan name: Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan · Sponsored by Windings Inc. · Minnesota · Manufacturing

$32M in assets, 131 participants

Windings Inc.'s Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported $32M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #15,768 in Manufacturing (20,602 peers)

Coverage in Minnesota

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan covers 131 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $32M.

$32M
total plan assets (2022 EOY)
131
covered participants
84th
percentile by assets (of 139,126 plans)
$244,641
avg assets per participant
State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reports 131 participants - about 12% of that state average ($32M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN411456407
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Windings Inc.)

$40M$45M$50M$55M 202220232024 $41.1M $49.3M ▲ +19.8%
Total plan assets by year, all Windings Inc. plans on file
Year Plans Participants Total Assets
2022 2 275 $41M
2023 2 283 $52M
2024 2 300 $49M

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 0200400600800 Total assets ($M) Participants Windings, Inc. 2012 …Andersen Corporation…Hormel Foods Corpora…Kingdom Enterprises,…Force America Inc. E…Polaris Inc. Employe…
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan assets move in 2022?
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan grew at a solid clip - up 9.1% during 2022, from $29M to $32M. Reported net income was $3M.
How have Windings Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Windings Inc.'s sponsor-wide assets grew 19.8%, from $41M to $49M.
Where does Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Community Financial Services, Inc. Employee Stock Ownership Plan in KY ($32M, 256 participants).

Next read for Windings, Inc. 2012 Amended and Restated…

Filing takeaways

Ways to act on Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan's numbers.

  • By total assets, Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Windings Inc.'s sponsor-wide assets have grown 19.8% since 2022 across 3 plan years on file. More Manufacturing plans