Civic Intelligence

CUTTING TOOLS, INCORPORATED

Plan context: CUTTING TOOLS, INCORPORATED 401(K) AND PROFIT SHARING PLAN AND TRUST

EIN 61-0705435 • Louisville, KY • 30 filings • 4 plans

13029 Middletown Industrial BlvdLouisville, KY 40223
Current Snapshot

Latest Year

2024

2024 Participants

54

2024 Assets

$4,434,577

2024 Contributions

$1,176,188

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,160,488$3,080,244$0200020132024YearValue
$4,434,577Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

54270200020122024YearValue
54Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024254$4,434,577$1,176,188$21,781iApproximate average salary by contribution assumption: employee only about $544,531 at 4% or $363,021 at 6%; with 50% employer match about $363,021 at 4% or $242,014 at 6%; with 100% employer match about $272,266 at 4% or $181,510 at 6%.
CUTTING TOOLS, INCORPORATED 401(K) AND PROFIT SHARING PLAN AND TRUST-54$4,383,916$829,183$15,355iApproximate average salary by contribution assumption: employee only about $383,881 at 4% or $255,921 at 6%; with 50% employer match about $255,921 at 4% or $170,614 at 6%; with 100% employer match about $191,941 at 4% or $127,960 at 6%.
Cutting Tools Inc Cbs Benefit Plan-36$50,661$347,005$9,639iApproximate average salary by contribution assumption: employee only about $240,976 at 4% or $160,650 at 6%; with 50% employer match about $160,650 at 4% or $107,100 at 6%; with 100% employer match about $120,488 at 4% or $80,325 at 6%.
2023253$3,297,068$954,606$18,011iApproximate average salary by contribution assumption: employee only about $450,286 at 4% or $300,191 at 6%; with 50% employer match about $300,191 at 4% or $200,127 at 6%; with 100% employer match about $225,143 at 4% or $150,095 at 6%.
CUTTING TOOLS, INCORPORATED 401(K) AND PROFIT SHARING PLAN AND TRUST-53$3,256,209$659,927$12,451iApproximate average salary by contribution assumption: employee only about $311,286 at 4% or $207,524 at 6%; with 50% employer match about $207,524 at 4% or $138,349 at 6%; with 100% employer match about $155,643 at 4% or $103,762 at 6%.
Cutting Tools Inc Cbs Benefit Plan-40$40,859$294,679$7,367iApproximate average salary by contribution assumption: employee only about $184,174 at 4% or $122,783 at 6%; with 50% employer match about $122,783 at 4% or $81,855 at 6%; with 100% employer match about $92,087 at 4% or $61,391 at 6%.
2022247$2,340,654$782,018$16,639iApproximate average salary by contribution assumption: employee only about $415,967 at 4% or $277,311 at 6%; with 50% employer match about $277,311 at 4% or $184,874 at 6%; with 100% employer match about $207,984 at 4% or $138,656 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-47$2,313,825$564,040$12,001iApproximate average salary by contribution assumption: employee only about $300,021 at 4% or $200,014 at 6%; with 50% employer match about $200,014 at 4% or $133,343 at 6%; with 100% employer match about $150,011 at 4% or $100,007 at 6%.
Cutting Tools Inc Cbs Benefit Plan-35$26,829$217,978$6,228iApproximate average salary by contribution assumption: employee only about $155,699 at 4% or $103,799 at 6%; with 50% employer match about $103,799 at 4% or $69,199 at 6%; with 100% employer match about $77,849 at 4% or $51,900 at 6%.
2021244$2,217,364$660,811$15,018iApproximate average salary by contribution assumption: employee only about $375,461 at 4% or $250,307 at 6%; with 50% employer match about $250,307 at 4% or $166,871 at 6%; with 100% employer match about $187,730 at 4% or $125,154 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-44$2,196,541$499,410$11,350iApproximate average salary by contribution assumption: employee only about $283,756 at 4% or $189,170 at 6%; with 50% employer match about $189,170 at 4% or $126,114 at 6%; with 100% employer match about $141,878 at 4% or $94,585 at 6%.
Cutting Tools Inc Cbs Benefit Plan-26$20,823$161,401$6,208iApproximate average salary by contribution assumption: employee only about $155,193 at 4% or $103,462 at 6%; with 50% employer match about $103,462 at 4% or $68,975 at 6%; with 100% employer match about $77,597 at 4% or $51,731 at 6%.
2020239$1,505,076$615,777$15,789iApproximate average salary by contribution assumption: employee only about $394,729 at 4% or $263,153 at 6%; with 50% employer match about $263,153 at 4% or $175,435 at 6%; with 100% employer match about $197,364 at 4% or $131,576 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-39$1,490,459$468,569$12,015iApproximate average salary by contribution assumption: employee only about $300,365 at 4% or $200,243 at 6%; with 50% employer match about $200,243 at 4% or $133,495 at 6%; with 100% employer match about $150,182 at 4% or $100,122 at 6%.
Cutting Tools Inc Cbs Benefit Plan-24$14,617$147,208$6,134iApproximate average salary by contribution assumption: employee only about $153,342 at 4% or $102,228 at 6%; with 50% employer match about $102,228 at 4% or $68,152 at 6%; with 100% employer match about $76,671 at 4% or $51,114 at 6%.
2019113$970,616$76,169$5,859iApproximate average salary by contribution assumption: employee only about $146,479 at 4% or $97,653 at 6%; with 50% employer match about $97,653 at 4% or $65,102 at 6%; with 100% employer match about $73,239 at 4% or $48,826 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-13$970,616$76,169$5,859iApproximate average salary by contribution assumption: employee only about $146,479 at 4% or $97,653 at 6%; with 50% employer match about $97,653 at 4% or $65,102 at 6%; with 100% employer match about $73,239 at 4% or $48,826 at 6%.
2018113$6,160,488$92,966$7,151iApproximate average salary by contribution assumption: employee only about $178,781 at 4% or $119,187 at 6%; with 50% employer match about $119,187 at 4% or $79,458 at 6%; with 100% employer match about $89,390 at 4% or $59,594 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-13$6,160,488$92,966$7,151iApproximate average salary by contribution assumption: employee only about $178,781 at 4% or $119,187 at 6%; with 50% employer match about $119,187 at 4% or $79,458 at 6%; with 100% employer match about $89,390 at 4% or $59,594 at 6%.
201719$6,038,074$153,732$17,081iApproximate average salary by contribution assumption: employee only about $427,033 at 4% or $284,689 at 6%; with 50% employer match about $284,689 at 4% or $189,793 at 6%; with 100% employer match about $213,517 at 4% or $142,344 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$6,038,074$153,732$17,081iApproximate average salary by contribution assumption: employee only about $427,033 at 4% or $284,689 at 6%; with 50% employer match about $284,689 at 4% or $189,793 at 6%; with 100% employer match about $213,517 at 4% or $142,344 at 6%.
2016110$5,917,713$214,460$21,446iApproximate average salary by contribution assumption: employee only about $536,150 at 4% or $357,433 at 6%; with 50% employer match about $357,433 at 4% or $238,289 at 6%; with 100% employer match about $268,075 at 4% or $178,717 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-10$5,917,713$214,460$21,446iApproximate average salary by contribution assumption: employee only about $536,150 at 4% or $357,433 at 6%; with 50% employer match about $357,433 at 4% or $238,289 at 6%; with 100% employer match about $268,075 at 4% or $178,717 at 6%.
2015112$5,298,015$192,512$16,043iApproximate average salary by contribution assumption: employee only about $401,067 at 4% or $267,378 at 6%; with 50% employer match about $267,378 at 4% or $178,252 at 6%; with 100% employer match about $200,533 at 4% or $133,689 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-12$5,298,015$192,512$16,043iApproximate average salary by contribution assumption: employee only about $401,067 at 4% or $267,378 at 6%; with 50% employer match about $267,378 at 4% or $178,252 at 6%; with 100% employer match about $200,533 at 4% or $133,689 at 6%.
2014113$5,280,756$178,722$13,748iApproximate average salary by contribution assumption: employee only about $343,696 at 4% or $229,131 at 6%; with 50% employer match about $229,131 at 4% or $152,754 at 6%; with 100% employer match about $171,848 at 4% or $114,565 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-13$5,280,756$178,722$13,748iApproximate average salary by contribution assumption: employee only about $343,696 at 4% or $229,131 at 6%; with 50% employer match about $229,131 at 4% or $152,754 at 6%; with 100% employer match about $171,848 at 4% or $114,565 at 6%.
2013113$4,873,860$122,402$9,416iApproximate average salary by contribution assumption: employee only about $235,388 at 4% or $156,926 at 6%; with 50% employer match about $156,926 at 4% or $104,617 at 6%; with 100% employer match about $117,694 at 4% or $78,463 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-13$4,873,860$122,402$9,416iApproximate average salary by contribution assumption: employee only about $235,388 at 4% or $156,926 at 6%; with 50% employer match about $156,926 at 4% or $104,617 at 6%; with 100% employer match about $117,694 at 4% or $78,463 at 6%.
2012111$4,234,480$102,296$9,300iApproximate average salary by contribution assumption: employee only about $232,491 at 4% or $154,994 at 6%; with 50% employer match about $154,994 at 4% or $103,329 at 6%; with 100% employer match about $116,245 at 4% or $77,497 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-11$4,234,480$102,296$9,300iApproximate average salary by contribution assumption: employee only about $232,491 at 4% or $154,994 at 6%; with 50% employer match about $154,994 at 4% or $103,329 at 6%; with 100% employer match about $116,245 at 4% or $77,497 at 6%.
2011112$3,891,376$112,303$9,359iApproximate average salary by contribution assumption: employee only about $233,965 at 4% or $155,976 at 6%; with 50% employer match about $155,976 at 4% or $103,984 at 6%; with 100% employer match about $116,982 at 4% or $77,988 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-12$3,891,376$112,303$9,359iApproximate average salary by contribution assumption: employee only about $233,965 at 4% or $155,976 at 6%; with 50% employer match about $155,976 at 4% or $103,984 at 6%; with 100% employer match about $116,982 at 4% or $77,988 at 6%.
201019$3,645,067$106,537$11,837iApproximate average salary by contribution assumption: employee only about $295,936 at 4% or $197,291 at 6%; with 50% employer match about $197,291 at 4% or $131,527 at 6%; with 100% employer match about $147,968 at 4% or $98,645 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$3,645,067$106,537$11,837iApproximate average salary by contribution assumption: employee only about $295,936 at 4% or $197,291 at 6%; with 50% employer match about $197,291 at 4% or $131,527 at 6%; with 100% employer match about $147,968 at 4% or $98,645 at 6%.
200919$3,145,685$105,160$11,684iApproximate average salary by contribution assumption: employee only about $292,111 at 4% or $194,741 at 6%; with 50% employer match about $194,741 at 4% or $129,827 at 6%; with 100% employer match about $146,056 at 4% or $97,370 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$3,145,685$105,160$11,684iApproximate average salary by contribution assumption: employee only about $292,111 at 4% or $194,741 at 6%; with 50% employer match about $194,741 at 4% or $129,827 at 6%; with 100% employer match about $146,056 at 4% or $97,370 at 6%.
200818$2,197,930$97,020$12,128iApproximate average salary by contribution assumption: employee only about $303,188 at 4% or $202,125 at 6%; with 50% employer match about $202,125 at 4% or $134,750 at 6%; with 100% employer match about $151,594 at 4% or $101,063 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-8$2,197,930$97,020$12,128iApproximate average salary by contribution assumption: employee only about $303,188 at 4% or $202,125 at 6%; with 50% employer match about $202,125 at 4% or $134,750 at 6%; with 100% employer match about $151,594 at 4% or $101,063 at 6%.
200717$0$0-
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-7---
200619$3,082,113$103,160$11,462iApproximate average salary by contribution assumption: employee only about $286,556 at 4% or $191,037 at 6%; with 50% employer match about $191,037 at 4% or $127,358 at 6%; with 100% employer match about $143,278 at 4% or $95,519 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$3,082,113$103,160$11,462iApproximate average salary by contribution assumption: employee only about $286,556 at 4% or $191,037 at 6%; with 50% employer match about $191,037 at 4% or $127,358 at 6%; with 100% employer match about $143,278 at 4% or $95,519 at 6%.
200519$2,695,772$103,285$11,476iApproximate average salary by contribution assumption: employee only about $286,903 at 4% or $191,269 at 6%; with 50% employer match about $191,269 at 4% or $127,512 at 6%; with 100% employer match about $143,451 at 4% or $95,634 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$2,695,772$103,285$11,476iApproximate average salary by contribution assumption: employee only about $286,903 at 4% or $191,269 at 6%; with 50% employer match about $191,269 at 4% or $127,512 at 6%; with 100% employer match about $143,451 at 4% or $95,634 at 6%.
200419$2,367,760$97,160$10,796iApproximate average salary by contribution assumption: employee only about $269,889 at 4% or $179,926 at 6%; with 50% employer match about $179,926 at 4% or $119,951 at 6%; with 100% employer match about $134,944 at 4% or $89,963 at 6%.
CUTTING TOOLS INCEMPLOYEES PROFIT SHARING PLAN-9$2,367,760$97,160$10,796iApproximate average salary by contribution assumption: employee only about $269,889 at 4% or $179,926 at 6%; with 50% employer match about $179,926 at 4% or $119,951 at 6%; with 100% employer match about $134,944 at 4% or $89,963 at 6%.
200318$2,162,693$87,880$10,985iApproximate average salary by contribution assumption: employee only about $274,625 at 4% or $183,083 at 6%; with 50% employer match about $183,083 at 4% or $122,056 at 6%; with 100% employer match about $137,313 at 4% or $91,542 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-8$2,162,693$87,880$10,985iApproximate average salary by contribution assumption: employee only about $274,625 at 4% or $183,083 at 6%; with 50% employer match about $183,083 at 4% or $122,056 at 6%; with 100% employer match about $137,313 at 4% or $91,542 at 6%.
200219$1,651,671$68,051$7,561iApproximate average salary by contribution assumption: employee only about $189,031 at 4% or $126,020 at 6%; with 50% employer match about $126,020 at 4% or $84,014 at 6%; with 100% employer match about $94,515 at 4% or $63,010 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-9$1,651,671$68,051$7,561iApproximate average salary by contribution assumption: employee only about $189,031 at 4% or $126,020 at 6%; with 50% employer match about $126,020 at 4% or $84,014 at 6%; with 100% employer match about $94,515 at 4% or $63,010 at 6%.
200118$1,837,991$45,997$5,750iApproximate average salary by contribution assumption: employee only about $143,741 at 4% or $95,827 at 6%; with 50% employer match about $95,827 at 4% or $63,885 at 6%; with 100% employer match about $71,870 at 4% or $47,914 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-8$1,837,991$45,997$5,750iApproximate average salary by contribution assumption: employee only about $143,741 at 4% or $95,827 at 6%; with 50% employer match about $95,827 at 4% or $63,885 at 6%; with 100% employer match about $71,870 at 4% or $47,914 at 6%.
2000110$1,910,959$38,250$3,825iApproximate average salary by contribution assumption: employee only about $95,625 at 4% or $63,750 at 6%; with 50% employer match about $63,750 at 4% or $42,500 at 6%; with 100% employer match about $47,813 at 4% or $31,875 at 6%.
CUTTING TOOLS INC EMPLOYEES PROFIT SHARING PLAN-10$1,910,959$38,250$3,825iApproximate average salary by contribution assumption: employee only about $95,625 at 4% or $63,750 at 6%; with 50% employer match about $63,750 at 4% or $42,500 at 6%; with 100% employer match about $47,813 at 4% or $31,875 at 6%.