Corning Federal Credit Union 401(k) match, vesting and fees

Plan year 2025 filingCorning Federal Credit Union 401(k) Plan · Plan 001 · EIN 16-6028994Updated Oct 2026

What Corning Federal Credit Union's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $2.9M in employer contributions, about $5,044 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$169,837
Average account balance
569
Participants (end of year)
$96.6M
Plan assets (end of year)
0.12%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperCmfg Life Insurance CompanySchedule C ↗
Independent auditorMengel, Metzgerr, Barr & Co. LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 208 defined-contribution plans in finance and insurance with 500 to 999 participants.

Corning Federal Credit Union: employer contribution per participant$5,044
Peer median$3,090
Corning Federal Credit Union: average balance$169,837
Peer median$119,169
Corning Federal Credit Union: admin expenses ÷ assets0.12%
Peer median0.10%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $68.1M at the end of plan year 2021 to $96.6M at the end of plan year 2025.

$68.1M2021$59.1M2022$71.7M2023$81.4M2024$96.6M2025
End-of-year figures from each plan year's Form 5500 filing for the Corning Federal Credit Union plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025569$96.6M$2.9M$5,0440.12%Not publishedForm 5500 ↗
2024537$81.4M$2.6M$4,7900.13%Not publishedForm 5500 ↗
2023544$71.7M$2.4M$4,3800.16%Not publishedForm 5500 ↗
2022558$59.1M$2.2M$3,8700.18%Not publishedForm 5500 ↗
2021538$68.1M$2M$3,6980.21%Not publishedForm 5500 ↗

Common questions

Does Corning Federal Credit Union match 401(k) contributions?

The match terms for the Corning Federal Credit Union 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $2.9M in employer contributions, about $5,044 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Corning Federal Credit Union 401(k) match vested?

The vesting schedule for the Corning Federal Credit Union 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Corning Federal Credit Union 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Cmfg Life Insurance Company. The plan administrator is Corning Federal Credit Union.

I left Corning Federal Credit Union. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Corning Federal Credit Union, (607) 962-3144) or the recordkeeper, Cmfg Life Insurance Company. The Corning Federal Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Corning Federal Credit Union 401(k)

Data from the public Form 5500 annual reports Corning Federal Credit Union filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Corning Federal Credit Union. Not financial advice. Report a correction · Methodology