401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$185M
Total assets Near avg plan size
2,047
Participants Near avg headcount
94th
Percentile by assets National rank
$90,188
Avg per participant Below avg balance/head
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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.

  • #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.

#17,108
in Manufacturing (18,722 peers)
+16.4%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan's outsized position 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

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

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan lands in the large band (2,047 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Plan-year Form 5500 strip

Filing strip 410498220 · Red Wing Shoe Company, Inc. PY 2023 · 401(k)

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan · $185M · 2,047 · 94th

  • EOY $185M
  • 5500 2,047
  • ASSETS 94th
  • PCT 401(k)
  • EIN near Argo Group US 401(k) Plan
  • RANK ind #17108

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 →

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Red Wing Shoe Company, Inc. 401(k) Profit Sharing PlanRed Wing Shoe Company, Inc. …$185MArgo Group US 401(k) Plan$185MCo-Op Solutions 401(k) Retirement PlanCo-Op Solutions 401(k) Retir…$184MFirst Bank 401(k) Plan$184MLawson Products, Inc. and Certain Affiliates Retirement PlanLawson Products, Inc. and Ce…$184M
End-of-year total assets ($M) among Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$159M
Net Assets (End of Year)$185M
Net Income$26M
Employer EIN410498220
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Red Wing Shoe Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$191M 25.188596736497892% vs 2022
2024 filing year
$180M$200M$220M$240M$260M$280M 202220232024 $255M $191M ▼ -25.2%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.184615617 · Participants: 2047Red Wing Shoe Company, Inc. 401(k) Profit Sharing 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
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Argo Group US 401(k) Plan in TX ($185M); by covered participants it is Eastern Bank 401(k) Plan in MA (2,047 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($185M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,047 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 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).
Which 401(k) plans cover a similar participant headcount to Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eastern Bank 401(k) Plan in MA (2,047 participants, $327M 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 410498220.

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.