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Employers › Minnesota

Employer · plans filed under one EIN

Red Wing Shoe Company, Inc.

Red Wing, MN · Manufacturing

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$225Mnet assets across plans
2,799participant records1,984 active
$4.1Memployer contributions, latest plan years$2,072 per active record
$596KSchedule C compensation to organisations$212.80 per participant record

Red Wing Shoe Company, Inc., based in Red Wing, Minnesota, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 2,799 participant records and $225M in net assets.

The largest is Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan, a 401(k) plan with 2,683 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $4.1M and participant contributions $10.0M in the latest plan years; benefits paid were $32.3M. Schedule C compensation reported to service provider organisations totalled $596K.

Combined net assets moved from $106M in 2009 to $225M in 2024 (up 113%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan401(k) plan20242,683$191M$71,123$1,990$351K
Red Wing Shoe Company Retirement Plandefined benefit pension plan2024116$34.6M$298,545$4,171$245K
US median, plan year 2024: DC plans $53,089 per participant, $2,174 employer contribution per active participant; DB plans $86,073 and $10,170.

Trend by plan year

2009: $106M2010: $119M2011: $133M2012: $150M2013: $163M2014: $198M2015: $202M2016: $206M2017: $220M2018: $131M2019: $285M2020: $308M2021: $292M2022: $255M2023: $217M2024: $225M$106M$308M$225M20092012201620202024
Combined net assets
2009: 2,4852010: 2,5642011: 2,6622012: 2,6392013: 2,3992014: 2,8972015: 3,2962016: 3,0182017: 3,1512018: 2,8722019: 3,3212020: 3,3272021: 3,1952022: 3,3152023: 3,0372024: 2,7992,4853,3272,79920092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
202422,799$225M$4.1M$10.0M
202323,037$217M$4.4M$9.9M
202223,315$255M$2.7M$8.7M
202123,195$292M$2.9M$8.4M
202023,327$308M$4.0M$7.4M
201923,321$285M$23.1M$8.2M
201812,872$131M$4.1M$8.0M
201723,151$220M$6.0M$7.1M
201623,018$206M$13.3M$6.8M
201523,296$202M$9.0M$7.2M
201422,897$198M$8.2M$4.0M
201322,399$163M$4.5M$3.7M
201222,639$150M$2.5M$3.5M
201122,662$133M$8.4M$3.2M
201022,564$119M$9.2M$2.6M
200922,485$106M$8.6M$2.5M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Transamerica Retirement SolutionsClaims processing; Recordkeeping and information management; Investment management; Participant loan processing2$252,275
SageView Advisory GroupInvestment advisory (plan)2$131,427
MercerActuarial; Investment advisory (plan)1$100,321
BDO USA, P.C.Accounting (including auditing)2$75,693
US BankTrustee (directed)1$18,410
PWC US Tax LLPConsulting (pension)1$17,500
National Financial ServicesSecurities brokerage1$0

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Transamerica Retirement Solutions$252K
SageView Advisory Group$131K
Mercer$100K
BDO USA, P.C.$76K
US Bank$18K
PWC US Tax LLP$18K
National Financial Services$0

Questions and answers

How many retirement plans does Red Wing Shoe Company, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan and Red Wing Shoe Company Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Red Wing Shoe Company, Inc. contribute to its plans?

$4,110,142 in employer contributions across these plans in their latest plan years, about $2,072 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Transamerica Retirement Solutions, SageView Advisory Group, Mercer and BDO USA, P.C. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Sep 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Sep 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.