401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$191M
Total assets
2,011
Participants
94th
Percentile by assets
$94,889
Avg per participant
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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

$191M in assets, 2,011 participants

Red Wing Shoe Company, Inc.'s Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported $191M in total assets and 2,011 participants in its 2024 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 123,622 plans)
  • #16,188 in Manufacturing (17,777 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, $191M for 2,011 participants (~$94,889/participant), up 3.4% in 2024.

$191M
total plan assets (2024 EOY)
2,011
covered participants
94th
percentile by assets (of 123,622 plans)
$94,889
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported net income fell from $26M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $185M in the plan year 2023 filing to $191M in the plan year 2024 filing.
  • Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 2,047 in the plan year 2023 filing to 2,011 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs the 2024 asset distribution

By assets, Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$185M
Net Assets (End of Year)$191M
Net Income$6M
Employer EIN410498220
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

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

$180M$200M$220M$240M$260M$280M 202220232024 $255M $191M ▼ -25.2%
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

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 -20020406080 Total assets ($B) Participants Red Wing Shoe Compan…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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.

Frequently Asked Questions

How did Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan edged up modestly - up 3.4% during 2024, from $185M to $191M. Reported net income was $6M.
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 123,622 plans that reported assets for plan year 2024 (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 Institutional Shareholder Services Inc. 401(k) Retirement Savings Plan in NY ($191M, 763 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