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Company:
Corning Federal Credit Union
Plan:
Corning Federal Credit Union 401k Plan
 

Corning Federal Credit Union

73 Plan:

 
 
73
29
65
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (73) and the top rated plan (84) could equate to:
[How is this calculated?]
7 additional years of work
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 Federal Credit Union 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Company Generosity and Participation Rate. Corning Federal Credit Union 401k Plan currently has over 300 active participants and over $18.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. BMO Stable Principal Fund 13%
2. T. Rowe Price Retirement 2030 11%
3. PIMCO Total Return 10%

 
Plan Component Ratings

 Retirement Plan Details

Address One Credit Union Plaza
Corning, NY 14830 
Industry Credit Unions
Administrator Brandy Andrews
Net Plan Assets $18,100,000
Total Participants 310
Avg Account Balance $59,000

 Compare Other Companies in Peer Group

Star One Credit Union 77.3
Summit Credit Union 73.4
Provident Credit Union 69.9
Max Credit Union 62.5
Credit Union of Texas 61.7
Associated Credit Union 54.2

  Plan Service Providers

Administration CUNA Mutual Insurance Society
Corporate Trustee Marshall & Ilsley
Recordkeeper Marshall & Ilsley
Auditor Mengel Metzger Barr & Co., LLP

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