401(k) · DOL Form 5500 · 2023

Red Wing Shoe Company, Inc. 401(k) Plan

Data updated 2026-08-11

$185M
Total assets: 2,047
Participants: 94th
Percentile by assets: $90,188
Avg per participant

Official DOL plan name: Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Red Wing Shoe Company, Inc. · Minnesota · Manufacturing

$185M in assets, 2,047 participants

Red Wing Shoe Company, Inc.'s Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported $185M in total assets and 2,047 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#17,108 in Manufacturing (18,722 peers)

Where Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits by assets

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $185M for 2,047 participants (~$90,188/participant), up 16.4% in 2023.

$185M
total plan assets (2023 EOY): 2,047
covered participants: 94th
percentile by assets (of 127,072 plans): $90,188
avg assets per participant

Where Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan sits by total assets

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$184,615,617 Top 6% higher than 94% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported net income rose from -$35M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $159M in the plan year 2022 filing to $185M in the plan year 2023 filing.
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 1,963 in the plan year 2022 filing to 2,047 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Manufacturing

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs the 2023 asset distribution

By assets, Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$159M
Net Assets (End of Year)	$185M
Net Income	$26M
Employer EIN	410498220
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Red Wing Shoe Company, Inc.)

Total plan assets by year, all Red Wing Shoe Company, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,104	$255M
2023	2	2,177	$217M
2024	1	2,011	$191M

Nearby 401(k) Plans in Minnesota

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

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Red Wing Shoe Company, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Argo Group US 401(k) Plan (TX) $185M · 961
Co-Op Solutions 401(k) Retirement Plan (CA) $184M · 1,953
First Bank 401(k) Plan (MO) $184M · 897
Lawson Products, Inc. and Certain Affiliates Retirement Plan (IL) $184M · 1,544

Frequently Asked Questions

How did Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.4% during 2023, from $159M to $185M. Reported net income was $26M.

How have Red Wing Shoe Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Red Wing Shoe Company, Inc.'s sponsor-wide assets declined 25.2%, from $255M to $191M.

Where does Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan ranks in the 94th 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 Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Argo Group US 401(k) Plan in TX ($185M, 961 participants).

Next read for Red Wing Shoe Company, Inc. 401(k) Profi…

Scale reading

Ways to act on Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan's numbers.

By total assets, Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Red Wing Shoe Company, Inc.'s sponsor-wide assets have declined 25.2% since 2022 across 3 plan years on file. More Manufacturing plans

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 410498220.