Cutco Corporation Salaried Employees' Savings Plan — Form 5500 plan (Cutco Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cutco Corporation Salaried Employees' Savings Plan is a benefit plan reported by Cutco Corporation under EIN 16-0730167 and plan number 003. The latest loaded filing year is 2023. The filing reports 443 participants and $126,356,791 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cutco Corporation
- EIN
- 16-0730167
- Plan number
- 003
- Plan type
- 2
- Location
- Olean, NY
- Latest filing year
- 2023
- Participants
- 443
- End-of-year plan assets
- $126,356,791
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 443 | H, C | 20241206082854NAL0003692531001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $126,356,791
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $126,356,791
- Net assets (BOY)
- $102,387,012
Income & contributions
- Employer contributions
- $2,739,421
- Participant contributions
- $3,110,552
- Total contributions
- $6,068,554
- Total income / additions
- $28,978,513
Expenses & distributions
- Benefits paid
- $4,862,350
- Administrative expenses
- $170,650
- Total expenses
- $5,041,909
- Net increase / (decrease)
- $23,936,604
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley | NONE | $162,242 | not reported in the loaded dataset | 2023 |
| Empower Life & Annuity Insurance Co | NONE | $7,808 | $0 | 2023 |
| Qdro Consultants Company, LLC | NONE | $600 | not reported in the loaded dataset | 2023 |