Industry · Form 5500 business code 316210
Footwear Mfg (including rubber & plastics): retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
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. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 26 retirement plans in footwear mfg (including rubber & plastics) with 100 or more participants filed Form 5500: 24 defined contribution and 2 defined benefit. They reported 19,361 participant records and $1.43B in net assets, counting every plan on the form.
The median defined contribution plan held $70,684 per participant, well above the national median of $53,031, and its employer put in $2,197 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $202 per participant against $123 nationally.
Employers contributed $32.3M and participants $62.6M during the year, and the plans paid out $177M in benefits.
In 2009 the same group numbered 45 plans with $929M; by 2024 it was 26 plans (down 42%) and $1.43B (up 54%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $70,684 | $53,031 | $93,841 | $86,234 |
| Employer contributions per active participant | $2,197 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $202 | $123 | $249 | $344 |
| Schedule C compensation, share of net assets | 0.35% | 0.26% | 0.30% | 0.42% |
| Administrative expenses per participant | $160 | $116 | $829 | $527 |
Medians across plans with 100 or more participants (21 DC and 2 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $29,652 | $70,684 | $102,613 | 21 |
| Employer contributions per active participant | $907 | $2,197 | $3,370 | 21 |
| Schedule C compensation per participant | $122 | $202 | $309 | 19 |
| Administrative expenses per participant | $86.31 | $160 | $232 | 20 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 26 | 19,361 | $1.43B | $32.3M | $62.6M | $70,684 | $202 |
| 2023 | 28 | 20,857 | $1.41B | $32.2M | $60.8M | $61,179 | $196 |
| 2022 | 28 | 20,461 | $1.33B | $29.0M | $56.3M | $53,410 | $142 |
| 2021 | 30 | 20,164 | $1.59B | $27.0M | $51.8M | $60,678 | $188 |
| 2020 | 35 | 33,654 | $2.13B | $38.5M | $49.8M | $52,963 | $147 |
| 2019 | 34 | 34,588 | $1.84B | $52.2M | $55.6M | $41,247 | $134 |
| 2018 | 34 | 35,784 | $1.54B | $43.2M | $52.5M | $35,621 | $112 |
| 2017 | 33 | 35,680 | $1.77B | $98.1M | $50.1M | $42,169 | $128 |
| 2016 | 34 | 37,798 | $1.60B | $50.3M | $47.4M | $31,475 | $115 |
| 2015 | 35 | 43,790 | $1.72B | $50.7M | $43.8M | $30,812 | $60.65 |
| 2014 | 37 | 44,485 | $1.77B | $31.9M | $40.0M | $28,934 | $25.16 |
| 2013 | 40 | 47,415 | $1.74B | $23.6M | $36.0M | $27,172 | $40.37 |
| 2012 | 41 | 47,014 | $1.60B | $29.2M | $35.9M | $24,338 | $26.65 |
| 2011 | 42 | 47,895 | $1.50B | $147M | $33.9M | $22,277 | $33.62 |
| 2010 | 42 | 49,506 | $1.46B | $144M | $31.0M | $22,482 | $39.12 |
| 2009 | 45 | 33,597 | $929M | $45.2M | $29.8M | $23,877 | $32.18 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 25 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 25 largest by participants of 25 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| New Balance Athletics Employee Savings and Security Plan | New Balance Athletics, Inc. | MA | DC | 6,231 | $493M | $79,091 | $3,370 | $160 |
| Red Wing Shoe Company, Inc. 401(k) Profit Sharing Plan | Red Wing Shoe Company, Inc. | MN | DC | 2,683 | $191M | $71,123 | $1,990 | $131 |
| Wolverine World Wide, Inc. 401(k) Retirement Savings Plan I | Wolverine World Wide, Inc. | MI | DC | 1,733 | $200M | $115,484 | $3,418 | $354 |
| San Antonio Shoe, Inc. 401(k) Savings Plan | San Antonio Shoe, Inc. | TX | DC | 1,349 | $9.6M | $7,083 | $282 | $3.22 |
| Wolverine Employees' Pension Plan | Wolverine World Wide, Inc. | MI | DB | 1,212 | $183M | $151,139 | — | $364 |
| Belleville Shoe Manufacturing Company Employee Savings & Investment Plan | Belleville Shoe Manufacturing Company DBA Belleville Boot Company | IL | DC | 696 | $17.8M | $25,567 | $673 | $119 |
| Rocky Brands, Inc. 401(k) Plan and Trust | Rocky Brands, Inc. | OH | DC | 669 | $40.9M | $61,180 | $2,729 | $125 |
| Mason Companies Retirement and Savings Plan | Mason Companies, Inc. | WI | DC | 607 | $53.1M | $87,478 | $2,592 | $226 |
| R. G. Barry Corporation Associates' Retirement Plan | R.G. Barry Corporation | OH | DB | 577 | $21.1M | $36,543 | — | $133 |
| Olukai LLC 401(k) Profit Sharing Plan & Trust | Olukai LLC | CA | DC | 434 | $10.3M | $23,707 | $1,640 | — |
| Lacrosse Footwear, Inc. Employees' Retirement Savings Plan | Lacrosse Footwear, Inc. | OR | DC | 382 | $43.8M | $114,699 | $4,071 | $179 |
| Vibram Corporation 401(k) Plan | Vibram Corporation | MA | DC | 332 | $29.1M | $87,575 | $2,197 | $314 |
| Weinbrenner Shoe Company Savings Plan for Collectively Bargained Employees | Weinbrenner Shoe Company Inc. | WI | DC | 247 | $7.3M | $29,652 | $2,406 | $202 |
| Ballet Makers, Inc. Salary Reduction 401(k) Plan | Ballet Makers Inc. | NJ | DC | 216 | $12.6M | $58,418 | $1,060 | $304 |
| E.S. Originals 401(k) Savings Plan | E.S. Originals Inc. | NY | DC | 197 | $22.5M | $114,181 | $684 | $406 |
| Superfeet Worldwide 401(k) Plan | Superfeet Worldwide, LLC | WA | DC | 195 | $13.8M | $70,684 | $3,329 | $16.48 |
| Boa Retirement Savings Plan | Boa Technology Inc. | CO | DC | 191 | $21.2M | $110,979 | $4,297 | $470 |
| Aetrex, Inc. 401(k) Plan | Aetrex, Inc. | NJ | DC | 174 | $10.9M | $62,513 | $543 | $242 |
| Galaxy Active LLC 401(k) Plan | Galaxy Active LLC | NY | DC | 166 | $9.2M | $55,248 | $4,777 | $251 |
| Dunlop Protective Footwear USA Retirement Plan | Dunlop Protective Footwear USA, LLC | MD | DC | 159 | — | — | — | — |
| Meramec Group Inc. Retirement Plan | Meramec Group, Inc. | MO | DC | 136 | $2.6M | $19,180 | $907 | $32.98 |
| White's Boots, Inc. 401(k) Profit Sharing Plan | White's Boots, Inc. | WA | DC | 120 | — | — | — | — |
| Weinbrenner Shoe Company, Inc. Employee Stock Ownership Plan | Weinbrenner Shoe Company, Inc. | WI | DC | 117 | $19.3M | $164,960 | $9,935 | — |
| The Meramec Group Inc. Ees PR SH Plan | Meramec Group, Inc. | MO | DC | 105 | — | — | — | — |
| Riedell Shoes, Inc. 401(k) Plan | Riedell Shoes, Inc. | MN | DC | 102 | $10.5M | $102,613 | $1,930 | $429 |
By plan size
By state
Questions and answers
How many retirement plans are there in footwear mfg (including rubber & plastics)?
26 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 31 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in footwear mfg (including rubber & plastics)?
The median defined contribution plan reported $70,684 in net assets per participant (middle half of plans: $29,652 to $102,613); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in footwear mfg (including rubber & plastics)?
The median defined contribution plan received $2,197 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in footwear mfg (including rubber & plastics)?
Among defined contribution plans that report any Schedule C compensation, the median was $202 per participant and 0.35% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.