Corning Federal Credit Union 401(k) Plan: Login, Facts & Contact Information

Corning Federal Credit Union 401(k) Plan Facts

Plan name
CORNING FEDERAL CREDIT UNION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORNING FEDERAL CREDIT UNION
Participants
544 (414 active employees)
Former employees with a balance
123
Plan assets
$81,397,241 at Dec 31, 2024
Average account balance
$152,429 across 534 accounts
Employer contributions
$2,557,813 in plan year 2024 (47% of all contributions)
Recordkeeper
Cmfg Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2005
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.50 million went into the plan in contributions, $2.56 million of it from the employer (47%).
  • $5.66 million was paid out to participants.
  • Investment and other income added $9.97 million.
  • Administrative expenses were $102,863, about $193 per account.

How the Corning Federal Credit Union 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019458$49.2 million$1.73 million$1.80 million
2020492$59.0 million$1.86 million$1.95 million
2021328$68.1 million$1.97 million$3.53 million
2022538$59.1 million$2.16 million$3.08 million
2023558$71.7 million$2.38 million$2.40 million
2024544$81.4 million$2.56 million$5.66 million

Corning Federal Credit Union 401(k) Contact Information

Phone
607-962-3144
Mailing address
PO BOX 1450, CORNING NY 148301050
Plan sponsor
CORNING FEDERAL CREDIT UNION
Employer identification number (EIN)
16-6028994
Plan number
001

Questions about the Corning Federal Credit Union 401(k)

Does Corning Federal Credit Union contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.56 million, 47% of all contributions.

Does the Corning Federal Credit Union 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Corning Federal Credit Union 401(k) plan?

544 participants at the start of plan year 2024, 414 of them active employees, and 123 former employees who still had money in the plan.

What is the average 401(k) balance at Corning Federal Credit Union?

About $152,429 per account: $81.4 million in plan assets across 534 accounts with a balance at the end of plan year 2024.

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

CMFG LIFE INSURANCE COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Corning Federal Credit Union. How do I access my 401(k)?

Your account stays with CMFG LIFE INSURANCE COMPANY after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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