Plan Ledger DOL Form 5500 · updated monthly

Cutter Holding Company401(k)

CUTTER AVIATION RETIREMENT SAVINGS PLAN AND TRUST · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.35%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Cutter Holding Company reported $52,864 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,085 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.63% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 423rd-largest of 1,285 plans among Arizona employers on file, and the 859th of 2,677 in transportation & warehousing. In 2024, employees put in $3.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,301,865
Participants with balances401
Active participants331
Employer contributions$359,270
Employee contributions$1,380,788
Employer contribution per active participant$1,085
Average account balance$40,653
Benefits paid to participants$814,385
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 401 accts · $359K emplr
2023$13.5M · 364 accts · $468K emplr
2022$11.6M · 363 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,786
Investment management$15,521
Trustee / custodial$4,908
Total administrative$52,864
The Cutter Holding Company 401(k) match · 2024
Employer contribution per active participant$1,085
Median for plans this size$2,416
2024$1,085 per active participant
2023$1,566 per active participant
2022$949 per active participant

Cutter Holding Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Recordkeeping · Custodial (securities)$52,864

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BOKF, NA
2023BOKF, NA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,864 · 0.35%
2023$72,060 · 0.57%
2022$77,725 · 0.63%
Same employer
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McDonough Corporation AZ$43.2M · 0.13%
Priority Ambulance, LLC AZ$26.1M · 0.61%
Cvo Holding Company LLC AZ$24.2M · 0.14%
Flexi-Van Leasing, LLC AZ$13.6M · 0.09%
Avair, LLC AZ$12.5M
Horizon Lines, LLC AZ$9.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860886671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.