401(k) · DOL Form 5500 · 2024

Cutting Tools, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
17
Participants Small participant base
26th
Percentile by assets National rank
$84,020
Avg per participant Below avg balance/head
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Official DOL plan name: Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Cutting Tools, Inc. · Texas · Wholesale Trade

$1M in assets, 17 participants

Cutting Tools, Inc.'s Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust reported $1M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #933 in Wholesale Trade (6,080 peers)

What the 2024 filing shows

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust holds $1M for 17 participants - about $84,020 per participant, in the lower half of filed plans by assets.

#933
in Wholesale Trade (6,080 peers)
-0.0%
assets change YoY

The plan reported a net loss of $655 for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust among the smaller filed plans by assets

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,428,348 26th percentile higher than 26% of 123,620 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 2024

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from -$51K in the plan year 2023 filing to -$655 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 742163492 · Cutting Tools, Inc. PY 2024 · 401(k)

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust · $1M · 17 · 26th

  • PHOTO $1M
  • PHOTO 17
  • PHOTO 26th
  • PHOTO 401(k)
  • PHOTO near Amvets Department of California Service Foundation 401(k) Plan
  • PHOTO ind #933

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 Wholesale Trade retirement plans → · Plans in Texas →

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Cutting Tools, Inc. 401(k) Profit Sharing Plan & TrustCutting Tools, Inc. 401(k) P…$1MAmvets Department of California Service Foundation 401(k) PlanAmvets Department of Califor…$1MBishop Paiute Tribe 401(k) PlanBishop Paiute Tribe 401(k) P…$1MSawtooth Holdings, Inc. 401(k) PlanSawtooth Holdings, Inc. 401(…$1MBillings Clinic Money Maker PlanBillings Clinic Money Maker …$1M
End-of-year total assets ($M) among Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$655
Employer EIN742163492
Plan Effective Date1990-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cutting Tools, Inc.)

Sponsor-wide plan assets over time

All Cutting Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 3.510992878576418% vs 2022
2024 filing year
$1.42M$1.44M$1.46M$1.48M$1.5M 202220232024 $1.48M $1.43M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 17 $1M
2023 1 17 $1M
2024 1 17 $1M

Nearby 401(k) Plans in Texas

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

Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.001428348 · Participants: 17Cutting Tools, Inc. 401(k) Profit Sharing Plan & TrustAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Amvets Department of California Service Foundation 401(k) Plan in CA ($1M); by covered participants it is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust held essentially flat - down 0.0% during 2024, from $1M to $1M. Reported net income was -$655.
How have Cutting Tools, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cutting Tools, Inc.'s sponsor-wide assets declined 3.5%, from $1M to $1M.
Which 401(k) plans are similar in size to Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Amvets Department of California Service Foundation 401(k) Plan in CA ($1M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Cutting Tools, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (17 participants, $343K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742163492.

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.