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Original filing (PDF)20251013080559NAL0000821313001
CORNING NATURAL GAS CORPORATION
Form 5500
FILING_RECEIVED
RETIREMENT PLAN FOR CORNING NATURAL GAS CORPORATION
Defined-benefit pension plan
Active participants
54
Accounts w/ balance
—
Plan assets (EOY)
$23.1M
Net assets (EOY)
$23.1M
How this plan invests
This plan
65 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 50 bps in Schedule C fees — 71% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CORNING NATURAL GAS CORPORATION.
Plan sponsor
Name
CORNING NATURAL GAS CORPORATION
EIN
16-0397420
Address
330 WEST WILLIAM STREET PO BOX 58 · CORNING, NY · 148300058
Phone
(607) 936-3755
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
1A · Pay-related DB formula
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FREED MAXICK P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WEALTH ENHANCEMENT | 75-3100788 | — | NONE | $106K | — |
| CHARLES SCHWAB | 94-1737782 | — | NONE | $8K | — |
Investments
65 direct securities· $21.5M(93% of reported assets)
Uncategorized
$19.3M
62 holdings
Mutual Funds
$1.8M
1 holding
Common Stocks
$175K
1 holding
Corporate Bonds
$174K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Schwab Govt Money FU Ultra | Mutual Funds | — | $1.8M | $1.8M | 8.0% | |
| US Treasu NT 1.875%, 02/15/32 | — | — | $1.5M | $1.4M | 6.2% | |
| US Treasury 3.125% | — | — | $1.1M | $1.1M | 4.7% | |
| US Treasur NT 2.250%, 11/15/27 | — | — | $960K | $960K | 4.2% | |
| US Treasu NT 3.875%, 12/31/29 | — | — | $872K | $845K | 3.7% | |
| Microsoft Corp | — | — | $442K | $723K | 3.1% | |
| Amazon Com Inc | — | — | $367K | $718K | 3.1% | |
| U.S. Government Securities US Treas BD 4.500%, 02/15/36 | — | — | $738K | $709K | 3.1% | |
| Apple Inc | — | — | $390K | $699K | 3.0% | |
| Alphabet Inc | — | — | $258K | $462K | 2.0% | |
| Boeing Co | — | — | $369K | $414K | 1.8% | |
| US Treasur NT 3.500%, 09/15/25 | — | — | $361K | $368K | 1.6% | |
| Nvidia Corp | — | — | $38K | $361K | 1.6% | |
| Vanguard Mortgage Backed SEC ETF IV | — | — | $359K | $343K | 1.5% | |
| Tesla Motors Inc | — | — | $170K | $318K | 1.4% | |
| US Treasur NT 4.250%, 11/15/34 322.486 | — | — | — | $317K | 1.4% | |
| Eaton Corp PLC | — | — | $177K | $314K | 1.4% | |
| Devon Energy CP New | — | — | $417K | $311K | 1.3% | |
| Verizon Communi 4.125%, 03/16/27 | — | — | $313K | $311K | 1.3% | |
| Berkshire Hathaway B New | — | — | $179K | $293K | 1.3% | |
| Amgen Incorporated | — | — | $280K | $291K | 1.3% | |
| Unitedhealth Group Inc | — | — | $291K | $290K | 1.3% | |
| Johnson & Johnson | — | — | $356K | $289K | 1.3% | |
| Service Now Inc | — | — | $114K | $259K | 1.1% | |
| Intuitive Surgical | — | — | $109K | $257K | 1.1% | |
| US Bancorp 1.375%, 07/22/30 | — | — | $252K | $256K | 1.1% | |
| The Southern Co 3.700% | — | — | $242K | $254K | 1.1% | |
| Duke Energy Corp 2.650% | — | — | $244K | $252K | 1.1% | |
| Nextera Energy Inc | — | — | $257K | $235K | 1.0% | |
| Mastercard Inc | — | — | $156K | $234K | 1.0% | |
| Walt Disney Co | — | — | $194K | $231K | 1.0% | |
| Anglo Amern PLC Ads | — | — | $260K | $228K | 1.0% | |
| Proctor & Gamble Co | — | — | $199K | $228K | 1.0% | |
| NY St Dorm Auth 3.650%, 03/15/28 | — | — | $233K | $228K | 1.0% | |
| Air Prods & Chems Inc | — | — | $181K | $227K | 1.0% | |
| Crowdstrike Hldgs In | — | — | $140K | $226K | 1.0% | |
| Constellation Brands CL A | — | — | $238K | $223K | 1.0% | |
| Wal-Mart Stores Inc | — | — | $102K | $223K | 1.0% | |
| Wells Fargo & Co | — | — | $120K | $206K | 0.9% | |
| Terex Corp | — | — | $231K | $204K | 0.9% | |
| McDonalds Corp | — | — | $176K | $201K | 0.9% | |
| JP Morgan Chase & Co | — | — | $85K | $180K | 0.8% | |
| Chubb LTD | — | — | $126K | $176K | 0.8% | |
| Abbott Laboratories | Common Stocks | — | $171K | $175K | 0.8% | |
| General Dynamics Corp | — | — | $148K | $174K | 0.8% | |
| PNC Financial Services GP Inc | — | — | $141K | $174K | 0.8% | |
| Bank of America C 3.248%, 10/21/27 | Corporate Bonds | — | $168K | $174K | 0.8% | |
| Lowe’s Companie 3.375%, 09/15/25 | — | — | $172K | $173K | 0.8% | |
| T J X Cos Inc | — | — | $80K | $173K | 0.7% | |
| Home Depot Inc | — | — | $123K | $171K | 0.7% | |
| Norfolk Southern 2.300%, 05/15/31 | — | — | $171K | $171K | 0.7% | |
| Pepsico Inc | — | — | $188K | $171K | 0.7% | |
| Netflix, In 5.875%, 11/15/28 | — | — | $174K | $170K | 0.7% | |
| Meta Platforms 4.950%, 05/15/33 | — | — | $170K | $170K | 0.7% | |
| Zoetis Inc | — | — | $181K | $169K | 0.7% | |
| Palo Alto Networks | — | — | $80K | $167K | 0.7% | |
| Pepsico, In 3.900%, 07/18/32 | — | — | $162K | $159K | 0.7% | |
| Goldman Sachs Group Inc | — | — | $84K | $151K | 0.7% | |
| Exxon Mobil Corp | — | — | $125K | $146K | 0.6% | |
| Bank of America Corp | — | — | $103K | $146K | 0.6% | |
| Chevron Corp New | — | — | $151K | $145K | 0.6% | |
| Taiwan Semiconductor Mfg Co ADR | — | — | $46K | $117K | 0.5% | |
| Universal Display Co | — | — | $96K | $113K | 0.5% | |
| New York St Urba 3.270%, 03/15/28 | — | — | $83K | $82K | 0.4% | |
| New York St Dorm 3.630%, 03/15/27 | — | — | $20K | $20K | <0.1% |