401(k) · DOL Form 5500 · 2023

Wings Financial Credit Union 401(k) Plan

Data updated 2026-08-25

$94M
Total assets Below avg plan size
697
Participants Below avg headcount
91st
Percentile by assets National rank
$134,884
Avg per participant Near avg balance/head
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Official DOL plan name: Wings Financial Credit Union Retirement Savings Plan · Sponsored by Wings Financial Credit Union · Minnesota · Finance & Insurance

$94M in assets, 697 participants

Wings Financial Credit Union's Wings Financial Credit Union Retirement Savings Plan reported $94M in total assets and 697 participants in its 2023 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.

  • #7,621 in Finance & Insurance (8,869 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, $94M for 697 participants (~$134,884/participant), up 30.7% in 2023.

#7,621
in Finance & Insurance (8,869 peers)
+30.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Wings Financial Credit Union Retirement Savings Plan's outsized position by total assets

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

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

$94,014,043 Top 9% higher than 91% 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

Wings Financial Credit Union Retirement Savings 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. Wings Financial Credit Union Retirement Savings Plan sits mid-pack in the medium band (697 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wings Financial Credit Union Retirement Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Wings Financial Credit Union Retirement Savings Plan end-of-year assets rose from $72M in the plan year 2022 filing to $94M in the plan year 2023 filing.
  • Wings Financial Credit Union Retirement Savings Plan reported participants rose from 616 in the plan year 2022 filing to 697 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 416028665 · Wings Financial Credit Union PY 2023 · 401(k)

Wings Financial Credit Union Retirement Savings Plan · $94M · 697 · 91st

  • BOOK $94M
  • VS-ST 697
  • BOY 91st
  • SCH 401(k)
  • EBSA near Destination Xl Group, Inc. 401(k) Savings Plan
  • PART ind #7621

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Wings Financial Credit Union Retirement Savings Plan in the asset neighbourhood

Securities Industry and Financial Markets Association Savings PlanSecurities Industry and Fina…$94MAmyris, Inc. 401(k) Plan$94MDestination Xl Group, Inc. 401(k) Savings PlanDestination Xl Group, Inc. 4…$94MWings Financial Credit Union Retirement Savings PlanWings Financial Credit Union…$94MOq Chemicals Corporation Retirement PlanOq Chemicals Corporation Ret…$94M
End-of-year total assets ($M) among Wings Financial Credit Union Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$94M
Net Income$22M
Employer EIN416028665
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wings Financial Credit Union)

Sponsor-wide plan assets over time

All Wings Financial Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$108M 49.53577558148884% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $72M $108M ▲ +49.5%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Wings Financial Credit Union Retirement Savings Plan, Total assets ($B): 0.094014043 · Participants: 697Wings Financial Credit Union Retirement Savings 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
Wings Financial Credit Union Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Wings Financial Credit Union Retirement Savings Plan side-by-side with 3 peers →

Wings Financial Credit Union Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Destination Xl Group, Inc. 401(k) Savings Plan in MA ($94M); by covered participants it is Open Arms Care Corporation Retirement Plan in TN (697 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (697 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 Wings Financial Credit Union Retirement Savings Plan assets move in 2023? ▼
Wings Financial Credit Union Retirement Savings Plan surged - up 30.7% during 2023, from $72M to $94M. Reported net income was $22M.
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 127,072 plans that reported assets for plan year 2023 (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 Destination Xl Group, Inc. 401(k) Savings Plan in MA ($94M, 1,180 participants).
Which 401(k) plans cover a similar participant headcount to Wings Financial Credit Union Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Open Arms Care Corporation Retirement Plan in TN (697 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 416028665.

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.