401(k) · DOL Form 5500 · 2022

Corning Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
396
Participants Below avg headcount
89th
Percentile by assets National rank
$149,218
Avg per participant Above avg balance/head
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Official DOL plan name: Corning Federal Credit Union 401(k) Plan · Sponsored by Corning Federal Credit Union · New York · Finance & Insurance

$59M in assets, 396 participants

Corning Federal Credit Union's Corning Federal Credit Union 401(k) Plan reported $59M in total assets and 396 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,660 in Finance & Insurance (9,261 peers)

Coverage in New York

Corning Federal Credit Union 401(k) Plan covers 396 participants in New York, about 50% of the average New York filer (state average ~798 per filing). Assets: $59M.

#7,660
in Finance & Insurance (9,261 peers)
-13.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Corning Federal Credit Union 401(k) Plan's outsized position by total assets

Corning Federal Credit Union 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$59,090,285 Top 11% higher than 89% of 139,123 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 2022

Corning Federal Credit Union 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Corning Federal Credit Union 401(k) Plan sits mid-pack in the medium band (396 participants).

EBSA filing schedule strip

Filing strip 166028994 · Corning Federal Credit Union PY 2022 · 401(k)

Corning Federal Credit Union 401(k) Plan · $59M · 396 · 89th

  • IND $59M
  • EOY 396
  • 5500 89th
  • ASSETS 401(k)
  • PCT near X-Ray Associates of New Mexico, P. C. 401(k) Profit Sharing Plan and Trust
  • EIN ind #7660

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 Finance & Insurance retirement plans → · Plans in New York →

Corning Federal Credit Union 401(k) Plan in the asset neighbourhood

Corning Federal Credit Union 401(k) PlanCorning Federal Credit Union…$59MX-Ray Associates of New Mexico, P. C. 401(k) Profit Sharing Plan and TrustX-Ray Associates of New Mexi…$59MFujirebio Diagnostics, Inc. Qualified Savings and Retirement PlanFujirebio Diagnostics, Inc. …$59MThrifty Drug Stores Inc. Profit Sharing PlanThrifty Drug Stores Inc. Pro…$59MCardiovascular Medicine, P. C. 401(k) Profit Sharing PlanCardiovascular Medicine, P. …$59M
End-of-year total assets ($M) among Corning Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$59M
Net Income-$9M
Employer EIN166028994
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Corning Federal Credit Union)

Sponsor-wide plan assets over time

All Corning Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$81M 37.75063193552037% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.1M $81.4M ▲ +37.8%
Year Plans Participants Total Assets
2022 1 396 $59M
2023 1 410 $72M
2024 1 421 $81M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Corning Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Corning Federal Credit Union 401(k) Plan, Total assets ($B): 0.059090285 · Participants: 396Corning Federal Credit Union 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Corning Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Corning Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Corning Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is X-Ray Associates of New Mexico, P. C. 401(k) Profit Sharing Plan and Trust in NM ($59M); by covered participants it is Menholt Automotive Group 401(k) Plan in MT (396 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (396 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Corning Federal Credit Union 401(k) Plan assets move in 2022? ▼
Corning Federal Credit Union 401(k) Plan pulled back noticeably - down 13.2% during 2022, from $68M to $59M. Reported net income was -$9M.
How have Corning Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Corning Federal Credit Union's sponsor-wide assets grew 37.8%, from $59M to $81M.
Where does Corning Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Corning Federal Credit Union 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Corning Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is X-Ray Associates of New Mexico, P. C. 401(k) Profit Sharing Plan and Trust in NM ($59M, 239 participants).
Which 401(k) plans cover a similar participant headcount to Corning Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Menholt Automotive Group 401(k) Plan in MT (396 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 166028994.

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.