401(k) · DOL Form 5500 · 2023

Careen, Inc. D/B/a Windings, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
130
Participants Small participant base
61st
Percentile by assets National rank
$86,133
Avg per participant Below avg balance/head
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Official DOL plan name: Windings, Inc. 401(k) Salary Savings & Retirement Plan · Sponsored by Careen, Inc. D/B/a Windings, Inc. · Minnesota · Manufacturing

$11M in assets, 130 participants

Careen, Inc. D/B/a Windings, Inc.'s Windings, Inc. 401(k) Salary Savings & Retirement Plan reported $11M in total assets and 130 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,951 in Manufacturing (18,722 peers)

Coverage in Minnesota

Windings, Inc. 401(k) Salary Savings & Retirement Plan covers 130 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#8,951
in Manufacturing (18,722 peers)
+23.5%
assets growth YoY

Windings, Inc. 401(k) Salary Savings & Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Windings, Inc. 401(k) Salary Savings & Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,197,324 Top 39% higher than 61% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Windings, Inc. 401(k) Salary Savings & Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Windings, Inc. 401(k) Salary Savings & Retirement Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Windings, Inc. 401(k) Salary Savings & Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Windings, Inc. 401(k) Salary Savings & Retirement Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Windings, Inc. 401(k) Salary Savings & Retirement Plan reported participants fell from 144 in the plan year 2022 filing to 130 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411456407 · Careen, Inc. D/B/a Windings, Inc. PY 2023 · 401(k)

Windings, Inc. 401(k) Salary Savings & Retirement Plan · $11M · 130 · 61st

  • 5500 $11M
  • 5500 130
  • 5500 61st
  • 5500 401(k)
  • 5500 near Pmc Group 401(k) Plan for Collective Bargaining Employees
  • 5500 ind #8951

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Windings, Inc. 401(k) Salary Savings & Retirement Plan in the asset neighbourhood

Windings, Inc. 401(k) Salary Savings & Retirement PlanWindings, Inc. 401(k) Salary…$11MPmc Group 401(k) Plan for Collective Bargaining EmployeesPmc Group 401(k) Plan for Co…$11MMaxco Chain, Ltd. 401(k) Savings PlanMaxco Chain, Ltd. 401(k) Sav…$11MGreat Lakes Castings, LLC Retirement Savings PlanGreat Lakes Castings, LLC Re…$11MPaytech, Inc. 401(k) Plan$11M
End-of-year total assets ($M) among Windings, Inc. 401(k) Salary Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN411456407
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Careen, Inc. D/B/a Windings, Inc.)

Sponsor-wide plan assets over time

All Careen, Inc. D/B/a Windings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 19.848410913882958% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $41.1M $49.3M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 275 $41M
2023 2 283 $52M
2024 2 300 $49M

Nearby 401(k) Plans in Minnesota

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

Windings, Inc. 401(k) Salary Savings & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Windings, Inc. 401(k) Salary Savings & Retirement Plan, Total assets ($B): 0.011197324 · Participants: 130Windings, Inc. 401(k) Salary Savings & Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Windings, Inc. 401(k) Salary Savings & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Windings, Inc. 401(k) Salary Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pmc Group 401(k) Plan for Collective Bargaining Employees in NJ ($11M); by covered participants it is Animax Designs, Inc. in TN (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Windings, Inc. 401(k) Salary Savings & Retirement Plan assets move in 2023?
Windings, Inc. 401(k) Salary Savings & Retirement Plan grew sharply - up 23.5% during 2023, from $9M to $11M. Reported net income was $2M.
How have Careen, Inc. D/B/a Windings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Careen, Inc. D/B/a Windings, Inc.'s sponsor-wide assets grew 19.8%, from $41M to $49M.
Which 401(k) plans are similar in size to Windings, Inc. 401(k) Salary Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Pmc Group 401(k) Plan for Collective Bargaining Employees in NJ ($11M, 190 participants).
Which 401(k) plans cover a similar participant headcount to Windings, Inc. 401(k) Salary Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Animax Designs, Inc. in TN (130 participants, $3M in assets).