401(k) · DOL Form 5500 · 2024

Corning Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
421
Participants Below avg headcount
89th
Percentile by assets National rank
$193,343
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Corning Federal Credit Union 401(k) Plan · Sponsored by Corning Federal Credit Union · New York · Finance & Insurance

$81M in assets, 421 participants

Corning Federal Credit Union's Corning Federal Credit Union 401(k) Plan reported $81M in total assets and 421 participants in its 2024 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.

  • #7,072 in Finance & Insurance (8,549 peers)

Where Corning Federal Credit Union 401(k) Plan sits by assets

Corning Federal Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $81M for 421 participants (~$193,343/participant), up 13.5% in 2024.

#7,072
in Finance & Insurance (8,549 peers)
+13.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$81,397,241 Top 11% higher than 89% of 123,620 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 2024

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

Plan-year 2024 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 (421 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Corning Federal Credit Union 401(k) Plan reported net income fell from $13M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Corning Federal Credit Union 401(k) Plan end-of-year assets rose from $72M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • Corning Federal Credit Union 401(k) Plan reported participants rose from 410 in the plan year 2023 filing to 421 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 166028994 · Corning Federal Credit Union PY 2024 · 401(k)

Corning Federal Credit Union 401(k) Plan · $81M · 421 · 89th

  • 5500 $81M
  • ASSETS 421
  • PCT 89th
  • EIN 401(k)
  • RANK near Troy Design & Manufacturing Co. 401(k) Plan
  • PHOTO ind #7072

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…$81MTroy Design & Manufacturing Co. 401(k) PlanTroy Design & Manufacturing …$81MAtlanta Braves 401(k) Plan$81MDiscovery Energy 401(k) Savings PlanDiscovery Energy 401(k) Savi…$81MHyundai Autoever America 401(k) PlanHyundai Autoever America 401…$81M
End-of-year total assets ($M) among Corning Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$81M
Net Income$10M
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 -20020406080 Total assets ($B) Participants Corning Federal Credit Union 401(k) Plan, Total assets ($B): 0.081397241 · Participants: 421Corning Federal Credit Union 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The 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 Troy Design & Manufacturing Co. 401(k) Plan in MI ($81M); by covered participants it is Ubg 401(k) - Frontier Cooperative in NE (421 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($81M here).

Similar participant headcount

Nearest other-state filings by covered participants (421 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Corning Federal Credit Union 401(k) Plan grew at a solid clip - up 13.5% during 2024, from $72M to $81M. Reported net income was $10M.
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 123,622 plans that reported assets for plan year 2024 (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 Troy Design & Manufacturing Co. 401(k) Plan in MI ($81M, 285 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 Ubg 401(k) - Frontier Cooperative in NE (421 participants, $20M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.