Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Corning Hospital Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Corning Hospital · Pennsylvania · Healthcare & Social Assistance

What the 2023 filing shows

Corning Hospital Pension Plan holds $61M for 320 participants — about $189,948 per participant, down 27.7% over the 2022 plan year.

$61M
total plan assets (2022 EOY)
320
covered participants
$189,948
avg assets per participant
-27.7%
assets change YoY

The plan reported a net loss of $23M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$61M
Participants
320
State
Industry
Healthcare & Social Assistance

What the Filing Says About Corning Hospital Pension Plan

Corning Hospital Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Corning Hospital, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $61M in total end-of-year assets and covers 320 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 160393490, and the plan has been effective since 1959-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $84M at the beginning of 2022 to $61M at year-end — a decline of 27.7%. Net assets (after liabilities) closed the year at $61M, with reported net income of $-23,281,912 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$84M
Total Assets (End of Year)$61M
Net Assets (End of Year)$61M
Net Income$-23,281,912
Plan TypeDefined Benefit (Pension)
Employer EIN160393490
Plan Effective Date1959-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Corning Hospital)

Year Plans Participants Total Assets
2022 1 320 $61M
2023 1 319 $64M
2024 1 360 $65M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Corning Hospital Pension Plan?
As of the 2022 Form 5500 filing, Corning Hospital Pension Plan holds $61M in total assets with 320 participants. It is sponsored by Corning Hospital.
What type of plan is Corning Hospital Pension Plan?
Corning Hospital Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1959-05-01. The plan is filed with the U.S. Department of Labor under EIN 160393490.
Who sponsors the Corning Hospital Pension Plan?
Corning Hospital Pension Plan is sponsored by Corning Hospital, located in Pennsylvania. The sponsor's EIN is 160393490 and the plan operates in the Healthcare & Social Assistance industry.
How did Corning Hospital Pension Plan perform in 2022?
Corning Hospital Pension Plan declined by 27.7% during 2022, moving from $84M to $61M in total assets. Net income was $-23,281,912.
Where can I find official filings for Corning Hospital Pension Plan?
Official Form 5500 filings for Corning Hospital Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 160393490 or plan name at efast.dol.gov.
How does Corning Hospital Pension Plan compare to other plans?
You can compare Corning Hospital Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 160393490.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.