Defined Benefit (Pension) · DOL Form 5500 · 2024

Cutco Corporation Pension Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
222
Participants Below avg headcount
81st
Percentile by assets National rank
$173,592
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

$39M in assets, 222 participants

Cutco Corporation's Cutco Corporation Hourly Employees Pension Plan reported $39M in total assets and 222 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,030 in Manufacturing (17,777 peers)

Coverage in New York

Cutco Corporation Hourly Employees Pension Plan covers 222 participants in New York, about 28% of the average New York filer (state average ~798 per filing). Assets: $39M.

#13,030
in Manufacturing (17,777 peers)
-2.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$38,537,320 Top 19% higher than 81% 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

Cutco Corporation Hourly Employees Pension Plan among mid-size filed plans by headcount

Plan-year 2024 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 (222 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cutco Corporation Hourly Employees Pension Plan reported net income fell from $5M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Cutco Corporation Hourly Employees Pension Plan reported participants fell from 239 in the plan year 2023 filing to 222 in the plan year 2024 filing.
  • Cutco Corporation Hourly Employees Pension Plan end-of-year assets fell from $40M in the plan year 2023 filing to $39M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 160730167 · Cutco Corporation PY 2024 · Defined Benefit (Pension)

Cutco Corporation Hourly Employees Pension Plan · $39M · 222 · 81st

  • VS-ST $39M
  • BOY 222
  • SCH 81st
  • EBSA Defined Benefit (Pension)
  • PART near Virgin Islands Telephone Corporation Pension Plan for Hourly Employees
  • TYPE ind #13030

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

Cincinnati Incorporated Employees' Retirement Pension PlanCincinnati Incorporated Empl…$39MRetirement Plan for Employees of the Academy of Motion Picture Arts & SciencesRetirement Plan for Employee…$39MCutco Corporation Hourly Employees Pension PlanCutco Corporation Hourly Emp…$39MVirgin Islands Telephone Corporation Pension Plan for Hourly EmployeesVirgin Islands Telephone Cor…$39MPension Plan for Hourly Employees of Southern Indiana Gas & Electric CompanyPension Plan for Hourly Empl…$39M
End-of-year total assets ($M) among Cutco Corporation Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$39M
Net Income-$1M
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 -505101520 Total assets ($B) Participants Cutco Corporation Hourly Employees Pension Plan, Total assets ($B): 0.03853732 · Participants: 222Cutco Corporation Hourly Employees Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Cutco Corporation Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

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 Virgin Islands Telephone Corporation Pension Plan for Hourly Employees in VI ($39M); by covered participants it is Wbc Holdings, L.P. Cash Balance Retirement Plan in IL (222 participants). Same-state nearby plans are listed separately above.

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 Cutco Corporation Hourly Employees Pension Plan assets move in 2024?
Cutco Corporation Hourly Employees Pension Plan edged down modestly - down 2.9% during 2024, from $40M to $39M. Reported net income was -$1M.
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 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Virgin Islands Telephone Corporation Pension Plan for Hourly Employees in VI ($39M, 84 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 Wbc Holdings, L.P. Cash Balance Retirement Plan in IL (222 participants, $103M in assets).