Defined Benefit (Pension) · DOL Form 5500 · 2023

Corning Incorporated Pension Plan

Data updated 2026-08-25

$2.8B
Total assets Very large vs avg
17,004
Participants Very large workforce
99th
Percentile by assets National rank
$162,316
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Corning Incorporated Pension Plan · Sponsored by Corning Incorporated · New York · Manufacturing

$2.8B in assets, 17,004 participants

Corning Incorporated's Corning Incorporated Pension Plan reported $2.8B in total assets and 17,004 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,543 in Manufacturing (18,722 peers)

Coverage in New York

Corning Incorporated Pension Plan covers 17,004 participants in New York, 21x the typical New York plan (state average ~798 per filing). Assets: $2.8B.

#18,543
in Manufacturing (18,722 peers)
+2.5%
assets growth YoY
28×
vs typical plan assets (national mean)

Corning Incorporated Pension Plan's outsized position by total assets

Corning Incorporated Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,760,024,344 Top 1% higher than 99% of 127,068 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 2023

Corning Incorporated Pension Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Corning Incorporated Pension Plan is a mega filing (17,004 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Corning Incorporated Pension Plan reported net income rose from -$902M in the plan year 2022 filing to $67M in the plan year 2023 filing.
  • Corning Incorporated Pension Plan reported participants rose from 16,541 in the plan year 2022 filing to 17,004 in the plan year 2023 filing.
  • Corning Incorporated Pension Plan end-of-year assets rose from $2.7B in the plan year 2022 filing to $2.8B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 160393470 · Corning Incorporated PY 2023 · Defined Benefit (Pension)

Corning Incorporated Pension Plan · $2.8B · 17,004 · 99th

  • EOY $2.8B
  • EOY 17,004
  • EOY 99th
  • EOY Defined Benefit (Pension)
  • EOY near University of Pennsylvania Health Sysytem Pension Plan
  • EOY ind #18543

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 Manufacturing retirement plans → · Plans in New York →

Corning Incorporated Pension Plan in the asset neighbourhood

Salt River Project Employees' Retirement PlanSalt River Project Employees…$2.8BUniversity of Pennsylvania Health Sysytem Pension PlanUniversity of Pennsylvania H…$2.8BCorning Incorporated Pension PlanCorning Incorporated Pension…$2.8BValero Energy Corporation Pension PlanValero Energy Corporation Pe…$2.7BAmerican Airlines, Inc. Pilot Retirement Benefit ProgramAmerican Airlines, Inc. Pilo…$2.7B
End-of-year total assets ($B) among Corning Incorporated Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$2.8B
Net Income$67M
Employer EIN160393470
Plan Effective Date1944-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Corning Incorporated)

Sponsor-wide plan assets over time

All Corning Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$7.4B 13.321980547200265% vs 2022
2024 filing year
$6B$6.5B$7B$7.5B 202220232024 $6.5B $7.36B ▲ +13.2%
Year Plans Participants Total Assets
2022 3 33,094 $6.5B
2023 3 34,383 $6.9B
2024 3 30,341 $7.4B

Nearby Defined Benefit (Pension) Plans in New York

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

Corning Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 051015202530 Total assets ($B) Participants Corning Incorporated Pension Plan, Total assets ($B): 2.760024344 · Participants: 17004Corning Incorporated Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Corning Incorporated Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Scale composition for Corning Incorporated Pension Plan

Corning Incorporated Pension Plan reports $2.8B in end-of-year assets across 17,004 participants (0.022% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $162,316 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $67M.

This plan identity (EIN 160393470, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $2.8B (+5.5%) while covered participants moved from 16,541 to 14,938 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,541 $2.7B Open filing
2023 17,004 $2.8B This page
2024 · index core 14,938 $2.8B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Corning Incorporated Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is University of Pennsylvania Health Sysytem Pension Plan in PA ($2.8B); by covered participants it is Time Warner Cable Pension Plan in NC (16,981 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17,004 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Corning Incorporated Pension Plan assets move in 2023? ▼
Corning Incorporated Pension Plan edged up modestly - up 2.5% during 2023, from $2.7B to $2.8B. Reported net income was $67M.
How have Corning Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Corning Incorporated's sponsor-wide assets grew 13.3%, from $6.5B to $7.4B.
Where does Corning Incorporated Pension Plan rank by assets among Form 5500 filers? ▼
Corning Incorporated Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Corning Incorporated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is University of Pennsylvania Health Sysytem Pension Plan in PA ($2.8B, 8,369 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Corning Incorporated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Time Warner Cable Pension Plan in NC (16,981 participants, $2.6B in assets).