Defined Benefit (Pension) · DOL Form 5500 · 2022

Red Wing Shoe Company Pension Plan

Data updated 2026-08-11

$96M
Total assets
141
Participants
93rd
Percentile by assets
$683,901
Avg per participant
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Official DOL plan name: Red Wing Shoe Company Retirement Plan · Sponsored by Red Wing Shoe Company · Minnesota · Manufacturing

$96M in assets, 141 participants

Red Wing Shoe Company's Red Wing Shoe Company Retirement Plan reported $96M in total assets and 141 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #18,252 in Manufacturing (20,602 peers)

Coverage in Minnesota

Red Wing Shoe Company Retirement Plan covers 141 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $96M.

$96M
total plan assets (2022 EOY)
141
covered participants
93rd
percentile by assets (of 139,126 plans)
$683,901
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Red Wing Shoe Company Retirement Plan sits by total assets

Red Wing Shoe Company Retirement Plan vs every filed plan by assets

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

$96,430,001 Top 7% higher than 93% 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
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Red Wing Shoe Company Retirement Plan reports 141 participants - about 13% of that state average ($96M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$96M
Net Income-$2M
Employer EIN410498220
Plan Effective Date1954-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Red Wing Shoe Company)

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

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Red Wing Shoe Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Red Wing Shoe Compan…, Total assets ($B): 0.096430001 · Participants: 141Red Wing Shoe Compan…3M Employee Retireme…, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retireme…Mayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pensio…, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pensio…U.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation P…, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation P…
Red Wing Shoe Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Red Wing Shoe Company Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Red Wing Shoe Company Retirement Plan assets move in 2022?
Red Wing Shoe Company Retirement Plan edged down modestly - down 2.1% during 2022, from $99M to $96M. Reported net income was -$2M.
How have Red Wing Shoe Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Red Wing Shoe Company's sponsor-wide assets declined 25.2%, from $255M to $191M.
Where does Red Wing Shoe Company Retirement Plan rank by assets among Form 5500 filers?
Red Wing Shoe Company Retirement Plan ranks in the 93rd 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 Defined Benefit (Pension) plans are similar in size to Red Wing Shoe Company Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is University Community Health System Consolidated Pension Plan in FL ($96M, 565 participants).

Next read for Red Wing Shoe Company Retirement Plan

Filing takeaways

Ways to act on Red Wing Shoe Company Retirement Plan's numbers.

  • By total assets, Red Wing Shoe Company Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Red Wing Shoe Company's sponsor-wide assets have declined 25.2% since 2022 across 3 plan years on file. More Manufacturing plans