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
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
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.
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
New York filing particulars
| Total Assets (Beginning of Year) | $2.7B |
|---|---|
| Net Assets (End of Year) | $2.8B |
| Net Income | $67M |
| Employer EIN | 160393470 |
| Plan Effective Date | 1944-01-01 |
| Filing Status | FILING 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
| 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.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
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 Investment Plan (401(k), $4.1B, 11,946 participants)
- Corning Incorporated Pension Plan (Defined Benefit (Pension), $2.8B, 14,938 participants)
- Corning Incorporated Investment Plan for Unionized Employees (401(k), $459M, 3,457 participants)
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.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.8B here).
- University of Pennsylvania Health Sysytem Pension Plan (PA) $2.8B · 8,369
- Valero Energy Corporation Pension Plan (TX) $2.7B · 6,956
- Salt River Project Employees' Retirement Plan (AZ) $2.8B · 4,790
- American Airlines, Inc. Pilot Retirement Benefit Program (TX) $2.7B · 5,430
Similar participant headcount
Nearest other-state filings by covered participants (17,004 participants); asset peers above are excluded.
- Time Warner Cable Pension Plan (NC) 16,981 · 23 off
- N. Atlantic States Carp. Pension Fund (MA) 17,166 · 162 off
- Yale-New Haven Hospital Cash Account Pension Plan (CT) 17,187 · 183 off
- The Citigroup Pension Plan (CT) 17,283 · 279 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.