Plan Snapshot
- Plan Sponsor: The Corning Museum Of Glass
- Sponsor EIN: 160764349
- Sponsor Address: ONE MUSEUM WAY, CORNING, NY, 148302253
- Plan Type: 403(b)
- Plan Number: 003
- Total Participants: 264
- Total Assets: $47.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 264 | $47.7M | $0 | $0 |
| 2024 | 160 | $39.2M | $1.2M | $1.6M |
| 2023 | 165 | $34.2M | $1.2M | $1.5M |
| 2022 | 155 | $27.9M | $1.1M | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $26,448 | — | $26,448 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Other Service Provider | $16,875 | — | $16,875 |
| VANGUARD ADVISERS INC. | Other Service Provider | $10,993 | — | $10,993 |
| BONADIO & CO LLP | Other Service Provider | $7,575 | — | $7,575 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,891
- Estimated Expense Ratio: 0.130% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $1,519,813 | — | — | — | — |
| 2024 | $15,565 | — | — | — | — |
| 2023 | $14,722 | — | — | — | — |
| 2022 | $12,309 | — | — | — | — |