Plan Ledger DOL Form 5500 · updated monthly

The Corning Museum of Glass403(b)

THE CORNING MUSEUM OF GLASS DEFINED CONTRIBUTION RETIREMENT PLAN · CORNING, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

The Corning Museum of Glass reported $15,565 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,706 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.042%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,624th-largest of 5,648 plans among New York employers on file, and the 259th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,154,185
Participants with balances247
Active participants160
Employer contributions$1,233,031
Employee contributions$1,603,381
Employer contribution per active participant$7,706
Average account balance$158,519
Benefits paid to participants$3,325,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 247 accts · $1.2M emplr
2023$34.2M · 254 accts · $1.2M emplr
2022$27.9M · 243 accts · $1.1M emplr
Employer contributions to the The Corning Museum of Glass plan · 2024
Employer contribution per active participant$7,706
Median for plans this size$2,416
2024$7,706 per active participant
2023$7,309 per active participant
2022$7,269 per active participant

The Corning Museum of Glass's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Custodial (securities)$7,125
VANGUARD ADVISERS INC. · Investment advisory (participants)$8,740

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,565 · 0.04%
2023$14,722 · 0.05%
2022$12,309 · 0.04%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Sterling Mets, L.P. NY$47.8M · 0.25%
Brooklyn Nets LLC NY$38.7M · 0.47%
Japan Society, Inc. NY$34.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160764349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.