ESOP · DOL Form 5500 · 2023

Windings Inc. ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
153
Participants Small participant base
83rd
Percentile by assets National rank
$264,305
Avg per participant High balance/head
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Official DOL plan name: Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan · Sponsored by Windings Inc. · Minnesota · Manufacturing

$40M in assets, 153 participants

Windings Inc.'s Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported $40M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,251 in Manufacturing (18,722 peers)

Coverage in Minnesota

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan covers 153 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#14,251
in Manufacturing (18,722 peers)
+26.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan's outsized position by total assets

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan vs every filed plan by assets

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

$40,438,717 Top 17% higher than 83% 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. 2012 Amended and Restated Employee Stock Ownership 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. 2012 Amended and Restated Employee Stock Ownership Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan end-of-year assets rose from $32M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported participants rose from 131 in the plan year 2022 filing to 153 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411456407 · Windings Inc. PY 2023 · ESOP

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan · $40M · 153 · 83rd

  • PCT $40M
  • PCT 153
  • PCT 83rd
  • PCT ESOP
  • PCT near Weinbrenner Shoe Company, Inc. Employee Stock Ownership Plan
  • PCT ind #14251

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 What is an ESOP? → · Plans in Minnesota →

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan in the asset neighbourhood

Eutaw Construction Company, Inc. Employee Stock Ownership PlanEutaw Construction Company, …$41MShamrock Bancshares Employee Stock Ownership PlanShamrock Bancshares Employee…$41MWindings, Inc. 2012 Amended and Restated Employee Stock Ownership PlanWindings, Inc. 2012 Amended …$40MWeinbrenner Shoe Company, Inc. Employee Stock Ownership PlanWeinbrenner Shoe Company, In…$40MAnvil Corporation Employee Stock Ownership PlanAnvil Corporation Employee S…$40M
End-of-year total assets ($M) among Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$28M
Net Income$9M
Employer EIN411456407
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Windings Inc.)

Sponsor-wide plan assets over time

All 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 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 Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 40.438717 · Participants: 153Windings, Inc. 2012 Amended and Restated Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan side-by-side with 3 peers →

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Weinbrenner Shoe Company, Inc. Employee Stock Ownership Plan in WI ($40M); by covered participants it is Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(k) Provisions in PA (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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. 2012 Amended and Restated Employee Stock Ownership Plan assets move in 2023? ▼
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan grew sharply - up 26.2% during 2023, from $32M to $40M. Reported net income was $9M.
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 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Weinbrenner Shoe Company, Inc. Employee Stock Ownership Plan in WI ($40M, 101 participants).
Which ESOP plans cover a similar participant headcount to Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(k) Provisions in PA (153 participants, $29M 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 411456407.

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.