Corning Incorporated
66
Plan:
10
71
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $119,000 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Corning Incorporated Investment Plan for Unionized Employees is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. Corning Incorporated Investment Plan for Unionized Employees currently has over 4,600 active participants and over $291.7M in plan assets.
Retirement Plan Details
| Address |
One Riverfront Plaza
Corning, NY 14831 |
| Industry | Manufacturing |
| Administrator | Sharon L. Miller |
| Net Plan Assets | $292,000,000 |
| Total Participants | 4,700 |
| Avg Account Balance | $62,000 |
Compare Other Companies in Peer Group
| Kimberly-Clark | 77.9 |
| Hexion Specialty Chemicals | 76.9 |
| Hill-Rom Holdings | 72.3 |
| Pall | 70.4 |
| IGT | 68.1 |
| Medical Information Technology | 61.3 |
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