401(k) · DOL Form 5500 · 2023

Cutters, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
95
Participants Small participant base
75th
Percentile by assets National rank
$244,287
Avg per participant Above avg balance/head
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Official DOL plan name: Cutters, Inc. Profit Sharing and 401(k) Plan · Sponsored by Cutters, Inc. · Illinois · Professional & Technical Services

$23M in assets, 95 participants

Cutters, Inc.'s Cutters, Inc. Profit Sharing and 401(k) Plan reported $23M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,336 in Professional & Technical Services (20,321 peers)

Where Cutters, Inc. Profit Sharing and 401(k) Plan sits by assets

Cutters, Inc. Profit Sharing and 401(k) Plan sits in the top quartile of all filed plans by assets, $23M for 95 participants (~$244,287/participant), up 11.6% in 2023.

#15,336
in Professional & Technical Services (20,321 peers)
+11.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Cutters, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

Cutters, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$23,207,288 Top 25% higher than 75% of 127,068 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 2023

Cutters, Inc. Profit Sharing and 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cutters, Inc. Profit Sharing and 401(k) Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cutters, Inc. Profit Sharing and 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Cutters, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Cutters, Inc. Profit Sharing and 401(k) Plan reported participants rose from 92 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 363081382 · Cutters, Inc. PY 2023 · 401(k)

Cutters, Inc. Profit Sharing and 401(k) Plan · $23M · 95 · 75th

  • TYPE $23M
  • NET 95
  • BOOK 75th
  • VS-ST 401(k)
  • BOY near W.W. Wood Products, Inc. 401(k) Plan
  • SCH ind #15336

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Cutters, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

Cutters, Inc. Profit Sharing and 401(k) PlanCutters, Inc. Profit Sharing…$23MW.W. Wood Products, Inc. 401(k) PlanW.W. Wood Products, Inc. 401…$23MWic Group 401(k) Plan$23MCharter One 401(k) Plan$23MMilton Pediatric Retirement TrustMilton Pediatric Retirement …$23M
End-of-year total assets ($M) among Cutters, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN363081382
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cutters, Inc.)

Sponsor-wide plan assets over time

All Cutters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 13.988329779204323% vs 2022
2024 filing year
$20M$21M$22M$23M$24M$25M 202220232024 $20.8M $23.7M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 92 $21M
2023 1 95 $23M
2024 1 101 $24M

Nearby 401(k) Plans in Illinois

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

Cutters, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Cutters, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.023207288 · Participants: 95Cutters, Inc. Profit Sharing and 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Cutters, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Cutters, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Cutters, Inc. Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is W.W. Wood Products, Inc. 401(k) Plan in MO ($23M); by covered participants it is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (95 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cutters, Inc. Profit Sharing and 401(k) Plan assets move in 2023? ▼
Cutters, Inc. Profit Sharing and 401(k) Plan grew at a solid clip - up 11.6% during 2023, from $21M to $23M. Reported net income was $2M.
How have Cutters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cutters, Inc.'s sponsor-wide assets grew 14.0%, from $21M to $24M.
Where does Cutters, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Cutters, Inc. Profit Sharing and 401(k) Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cutters, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is W.W. Wood Products, Inc. 401(k) Plan in MO ($23M, 1,327 participants).
Which 401(k) plans cover a similar participant headcount to Cutters, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363081382.

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.