401(k) · DOL Form 5500 · 2022

Cutco Cutlery Corporation 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
392
Participants Below avg headcount
89th
Percentile by assets National rank
$149,389
Avg per participant Above avg balance/head
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Official DOL plan name: Cutco Cutlery Corporation Hourly Savings Plan · Sponsored by Cutco Cutlery Corporation · New York · Manufacturing

$59M in assets, 392 participants

Cutco Cutlery Corporation's Cutco Cutlery Corporation Hourly Savings Plan reported $59M in total assets and 392 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,323 in Manufacturing (20,602 peers)

Coverage in New York

Cutco Cutlery Corporation Hourly Savings Plan covers 392 participants in New York, about 49% of the average New York filer (state average ~798 per filing). Assets: $59M.

#17,323
in Manufacturing (20,602 peers)
-21.3%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cutco Cutlery Corporation Hourly Savings Plan's outsized position by total assets

Cutco Cutlery Corporation Hourly Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$58,560,672 Top 11% higher than 89% of 139,123 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 2022

Cutco Cutlery Corporation Hourly Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cutco Cutlery Corporation Hourly Savings Plan sits mid-pack in the medium band (392 participants).

Plan-year Form 5500 strip

Filing strip 161375641 · Cutco Cutlery Corporation PY 2022 · 401(k)

Cutco Cutlery Corporation Hourly Savings Plan · $59M · 392 · 89th

  • PHOTO $59M
  • PHOTO 392
  • PHOTO 89th
  • PHOTO 401(k)
  • PHOTO near I.B.E.W. Local Union No. 479 Annuity / 401(k) Plan
  • PHOTO ind #17323

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 New York →

Cutco Cutlery Corporation Hourly Savings Plan in the asset neighbourhood

Life Flight Network, LLC 401(k) PlanLife Flight Network, LLC 401…$59MPeoplesbank 401(k) Plan$59MCutco Cutlery Corporation Hourly Savings PlanCutco Cutlery Corporation Ho…$59MI.B.E.W. Local Union No. 479 Annuity / 401(k) PlanI.B.E.W. Local Union No. 479…$59MLouisiana Machinery Company, L. L. C. 401(k) PlanLouisiana Machinery Company,…$59M
End-of-year total assets ($M) among Cutco Cutlery Corporation Hourly Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$59M
Net Income-$16M
Employer EIN161375641
Plan Effective Date1990-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cutco Cutlery Corporation)

Sponsor-wide plan assets over time

All Cutco Cutlery Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$83M 41.1794044986369% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $58.6M $82.7M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 392 $59M
2023 1 395 $72M
2024 1 367 $83M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cutco Cutlery Corporation Hourly Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Cutco Cutlery Corporation Hourly Savings Plan, Total assets ($B): 0.058560672 · Participants: 392Cutco Cutlery Corporation Hourly Savings PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Cutco Cutlery Corporation Hourly Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Cutco Cutlery Corporation Hourly Savings Plan side-by-side with 3 peers →

Cutco Cutlery Corporation Hourly Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is I.B.E.W. Local Union No. 479 Annuity / 401(k) Plan in TX ($59M); by covered participants it is Bigelow Tea Employees 401(k) Plan in CT (392 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($59M here).

Similar participant headcount

Nearest other-state filings by covered participants (392 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cutco Cutlery Corporation Hourly Savings Plan assets move in 2022? ▼
Cutco Cutlery Corporation Hourly Savings Plan declined sharply - down 21.3% during 2022, from $74M to $59M. Reported net income was -$16M.
How have Cutco Cutlery Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cutco Cutlery Corporation's sponsor-wide assets grew 41.2%, from $59M to $83M.
Where does Cutco Cutlery Corporation Hourly Savings Plan rank by assets among Form 5500 filers? ▼
Cutco Cutlery Corporation Hourly Savings Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cutco Cutlery Corporation Hourly Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is I.B.E.W. Local Union No. 479 Annuity / 401(k) Plan in TX ($59M, 1,158 participants).
Which 401(k) plans cover a similar participant headcount to Cutco Cutlery Corporation Hourly Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bigelow Tea Employees 401(k) Plan in CT (392 participants, $60M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161375641.

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.