401(k) · DOL Form 5500 · 2023

Cutco Cutlery Corporation 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
395
Participants Below avg headcount
89th
Percentile by assets National rank
$181,814
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

$72M in assets, 395 participants

Cutco Cutlery Corporation's Cutco Cutlery Corporation Hourly Savings Plan reported $72M in total assets and 395 participants in its 2023 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.

  • #15,622 in Manufacturing (18,722 peers)

Coverage in New York

Cutco Cutlery Corporation Hourly Savings Plan covers 395 participants in New York, about 50% of the average New York filer (state average ~798 per filing). Assets: $72M.

#15,622
in Manufacturing (18,722 peers)
+22.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$71,816,658 Top 11% higher than 89% 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

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

Plan-year 2023 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 (395 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cutco Cutlery Corporation Hourly Savings Plan reported net income rose from -$16M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Cutco Cutlery Corporation Hourly Savings Plan end-of-year assets rose from $59M in the plan year 2022 filing to $72M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 161375641 · Cutco Cutlery Corporation PY 2023 · 401(k)

Cutco Cutlery Corporation Hourly Savings Plan · $72M · 395 · 89th

  • NET $72M
  • BOOK 395
  • VS-ST 89th
  • BOY 401(k)
  • SCH near Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan
  • EBSA ind #15622

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

Wright Service Corp. 401(k) Retirement PlanWright Service Corp. 401(k) …$72MCutco Cutlery Corporation Hourly Savings PlanCutco Cutlery Corporation Ho…$72MKeystone Peer Review Organization, Inc. 401(k) Capital Accumulation PlanKeystone Peer Review Organiz…$72MBelle Tire Distributors, Inc. 401(k) Salary Reduction Plan & TrustBelle Tire Distributors, Inc…$72MMagnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)Magnusson Klemencic Associat…$72M
End-of-year total assets ($M) among Cutco Cutlery Corporation Hourly Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$72M
Net Income$13M
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 -20020406080 Total assets ($B) Participants Cutco Cutlery Corporation Hourly Savings Plan, Total assets ($B): 0.071816658 · Participants: 395Cutco Cutlery Corporation Hourly Savings PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The 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 Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan in PA ($72M); by covered participants it is Employ, Inc. 401(k) Plan in IN (395 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (395 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 Cutco Cutlery Corporation Hourly Savings Plan assets move in 2023? ▼
Cutco Cutlery Corporation Hourly Savings Plan grew sharply - up 22.6% during 2023, from $59M to $72M. Reported net income was $13M.
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 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 Cutco Cutlery Corporation Hourly Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keystone Peer Review Organization, Inc. 401(k) Capital Accumulation Plan in PA ($72M, 1,519 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 Employ, Inc. 401(k) Plan in IN (395 participants, $30M 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 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.