Defined Benefit (Pension) · DOL Form 5500 · 2023

Cutco Corporation Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
239
Participants Below avg headcount
83rd
Percentile by assets National rank
$166,092
Avg per participant Above avg balance/head
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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.

  • #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.

#14,197
in Manufacturing (18,722 peers)
+14.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Cutco Corporation Hourly Employees Pension Plan's outsized position 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 $2,050,000,000 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 Corporation Hourly Employees Pension 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 Corporation Hourly Employees Pension Plan sits mid-pack in the medium band (239 participants).

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 →

DOL schedule card

Filing strip 160730167 · Cutco Corporation PY 2023 · Defined Benefit (Pension)

Cutco Corporation Hourly Employees Pension Plan · $40M · 239 · 83rd

  • NET $40M
  • BOOK 239
  • VS-ST 83rd
  • BOY Defined Benefit (Pension)
  • SCH near Loral Pension Plan
  • EBSA ind #14197

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 Corporation Hourly Employees Pension Plan in the asset neighbourhood

Sanden International U.S.a., Inc. Pension PlanSanden International U.S.a.,…$40MVeterans of Foreign Wars Employees' Retirement PlanVeterans of Foreign Wars Emp…$40MCutco Corporation Hourly Employees Pension PlanCutco Corporation Hourly Emp…$40MLoral Pension Plan$40MConsolidated Ret Plan of the Brwwco & LawcoConsolidated Ret Plan of the…$40M
End-of-year total assets ($M) among Cutco Corporation Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Cutco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$211M 31.773692830021755% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $160M $211M ▲ +31.8%
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 ($B) Participants Cutco Corporation Hourly Employees Pension Plan, Total assets ($B): 0.039695881 · Participants: 239Cutco Corporation Hourly Employees Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Cutco Corporation Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Cutco Corporation Hourly Employees Pension Plan side-by-side with 3 peers →

Cutco Corporation Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Loral Pension Plan in ($40M); by covered participants it is Sappi North America, Inc. Retirement Plan for Salaried Employees in MA (239 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cutco Corporation Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sappi North America, Inc. Retirement Plan for Salaried Employees in MA (239 participants, $85M 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 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.