Defined Benefit (Pension) · DOL Form 5500 · 2023
Corning Incorporated Pension Plan
Data updated 2026-08-06
- $2.8B
- Total assets
- 17,004
- Participants
- 99th
- Percentile by assets
- $162,316
- Avg per participant
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.
- 99th percentile by assets (of 126,618 plans)
- #18,493 in Manufacturing (18,672 peers)
Coverage in New York
Corning Incorporated Pension Plan covers 17,004 participants in New York, 21x the typical New York plan (state average ~795 per filing). Assets: $2.8B.
- $2.8B
- total plan assets (2023 EOY)
- 17,004
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $162,316
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Corning Incorporated Pension Plan reports 17,004 participants - 21x that state average ($2.8B EOY assets).
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)
| 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
- 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 (0.024% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.019% of 89,805,449 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Corning Incorporated Pension Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Corning Incorporated Pension Plan assets move in 2023? ▼
How have Corning Incorporated plan assets changed over time? ▼
Where does Corning Incorporated Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Corning Incorporated Pension Plan
Filing takeaways
Ways to act on Corning Incorporated Pension Plan's numbers.
- By total assets, Corning Incorporated Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Corning Incorporated's sponsor-wide assets have grown 13.3% since 2022 across 3 plan years on file. More Manufacturing plans