ESOP · DOL Form 5500 · 2024

Windings Inc. ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
148
Participants Small participant base
80th
Percentile by assets National rank
$251,623
Avg per participant Above avg 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

$37M in assets, 148 participants

Windings Inc.'s Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported $37M in total assets and 148 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,927 in Manufacturing (17,777 peers)

Coverage in Minnesota

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan covers 148 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $37M.

#12,927
in Manufacturing (17,777 peers)
-7.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$37,240,265 Top 20% higher than 80% of 123,620 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 2024

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 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 (148 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan end-of-year assets fell from $40M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan reported participants fell from 153 in the plan year 2023 filing to 148 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411456407 · Windings Inc. PY 2024 · ESOP

Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan · $37M · 148 · 80th

  • BOOK $37M
  • BOOK 148
  • BOOK 80th
  • BOOK ESOP
  • BOOK near Emerald Asset Management Employee Stock Ownership Plan
  • BOOK ind #12927

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

Barclay Water Treatment Co., Inc. Employee Stock Ownership PlanBarclay Water Treatment Co.,…$37MEmerald Asset Management Employee Stock Ownership PlanEmerald Asset Management Emp…$37MWindings, Inc. 2012 Amended and Restated Employee Stock Ownership PlanWindings, Inc. 2012 Amended …$37MRyba Marine Construction Co. Employee Stock Ownership PlanRyba Marine Construction Co.…$37MVps Employee Stock Ownership PlanVps Employee Stock Ownership…$37M
End-of-year total assets ($M) among Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$24M
Net Income-$4M
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 -500050010001500 Total assets ($M) Participants Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 37.240265 · Participants: 148Windings, Inc. 2012 Amended and Restated Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, 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 Emerald Asset Management Employee Stock Ownership Plan in PA ($37M); by covered participants it is Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan pulled back noticeably - down 7.9% during 2024, from $40M to $37M. Reported net income was -$4M.
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 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Emerald Asset Management Employee Stock Ownership Plan in PA ($37M, 38 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 Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (148 participants, $33M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.