Defined Benefit (Pension) · DOL Form 5500 · 2023

Cutco Corporation Pension Plan

Data updated 2026-08-11

$40M
Total assets
239
Participants
83rd
Percentile by assets
$166,092
Avg per participant
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Official DOL plan name: Cutco Corporation Hourly Employees Pension Plan · Sponsored by Cutco Corporation · New York · Manufacturing

$40M in assets, 239 participants

Cutco Corporation's Cutco Corporation Hourly Employees Pension Plan reported $40M in total assets and 239 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 127,072 plans)
  • #14,197 in Manufacturing (18,722 peers)

Coverage in New York

Cutco Corporation Hourly Employees Pension Plan covers 239 participants in New York, about 30% of the average New York filer (state average ~798 per filing). Assets: $40M.

$40M
total plan assets (2023 EOY)
239
covered participants
83rd
percentile by assets (of 127,072 plans)
$166,092
avg assets per participant

Where Cutco Corporation Hourly Employees Pension Plan sits by total assets

Cutco Corporation Hourly Employees Pension Plan vs every filed plan by assets

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

$39,695,881 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cutco Corporation Hourly Employees Pension Plan reported net income rose from $334K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Cutco Corporation Hourly Employees Pension Plan end-of-year assets rose from $35M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Cutco Corporation Hourly Employees Pension Plan reported participants fell from 262 in the plan year 2022 filing to 239 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New York
Industry
Manufacturing

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Cutco Corporation Hourly Employees Pension Plan reports 239 participants - about 30% of that state average ($40M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN160730167
Plan Effective Date1975-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Cutco Corporation)

$140M$160M$180M$200M$220M 202220232024 $160M $211M ▲ +31.8%
Total plan assets by year, all Cutco Corporation plans on file
Year Plans Participants Total Assets
2022 3 850 $160M
2023 3 816 $192M
2024 3 782 $211M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Cutco Corporation Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Cutco Corporation Ho…, Total assets ($B): 0.039695881 · Participants: 239Cutco Corporation Ho…IBM Personal Pension…, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension…Consolidated Edison …, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison …1199seiu Health Care…, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care…Pfizer Consolidated …, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated …Pepsico Employees Re…, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Re…
Cutco Corporation Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Cutco Corporation Hourly Employees Pensi… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Cutco Corporation Hourly Employees Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Cutco Corporation Hourly Employees Pension Plan assets move in 2023? ▼
Cutco Corporation Hourly Employees Pension Plan grew at a solid clip - up 14.5% during 2023, from $35M to $40M. Reported net income was $5M.
How have Cutco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cutco Corporation's sponsor-wide assets grew 31.8%, from $160M to $211M.
Where does Cutco Corporation Hourly Employees Pension Plan rank by assets among Form 5500 filers? ▼
Cutco Corporation Hourly Employees Pension Plan ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Cutco Corporation Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Loral Pension Plan in ($40M, N/A participants).

Next read for Cutco Corporation Hourly Employees Pensi…

Filing takeaways

Ways to act on Cutco Corporation Hourly Employees Pension Plan's numbers.

  • By total assets, Cutco Corporation Hourly Employees Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Cutco Corporation's sponsor-wide assets have grown 31.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 160730167.

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.