Corning Incorporated Investment Plan For Unionized Employees — Form 5500 plan (Corning Incorporated)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Corning Incorporated Investment Plan For Unionized Employees is a benefit plan reported by Corning Incorporated under EIN 16-0393470 and plan number 006. The latest loaded filing year is 2023. The filing reports 5,001 participants and $417,677,920 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Corning Incorporated
EIN
16-0393470
Plan number
006
Plan type
2
Location
Corning, NY
Latest filing year
2023
Participants
5,001
End-of-year plan assets
$417,677,920

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,001H, C20240726101549NAL0010093411001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$417,677,920
Total liabilities (EOY)
$73,128
Net assets (EOY)
$417,604,792
Net assets (BOY)
$390,612,038

Income & contributions

Employer contributions
$8,133,007
Participant contributions
$21,364,082
Total contributions
$29,870,157
Total income / additions
$78,991,236

Expenses & distributions

Benefits paid
$51,159,238
Administrative expenses
$357,466
Total expenses
$51,800,620
Net increase / (decrease)
$27,190,616

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$214,305$02023
Insero & Co Cpa'S LlpNONE$34,300not reported in the loaded dataset2023
The Benchmark Company LLCNONE$33,000not reported in the loaded dataset2023
Conduent IncorporatedNONE$20,880not reported in the loaded dataset2023
Mercer Investments LLCNONE$19,850not reported in the loaded dataset2023
The Bank Of New York MellonNONE$19,234not reported in the loaded dataset2023
Harter Secrest & Emery LlpNONE$8,022not reported in the loaded dataset2023

Related Form 5500 pages