401(k) · DOL Form 5500 · 2022

Ng Operations, LLC 401(k) Plan

Data updated 2026-08-25

$365M
Total assets Above avg plan size
2,509
Participants Above avg headcount
97th
Percentile by assets National rank
$145,321
Avg per participant Above avg balance/head
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Official DOL plan name: National Gypsum 401(k) and Retirement Savings Plan · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing

$365M in assets, 2,509 participants

Ng Operations, LLC's National Gypsum 401(k) and Retirement Savings Plan reported $365M in total assets and 2,509 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,673 in Manufacturing (20,602 peers)

Coverage in North Carolina

National Gypsum 401(k) and Retirement Savings Plan covers 2,509 participants in North Carolina, 3.1x the typical North Carolina plan (state average ~819 per filing). Assets: $365M.

#19,673
in Manufacturing (20,602 peers)
-14.7%
assets change YoY
3.7×
vs typical plan assets (national mean)

The plan reported a net loss of $63M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

National Gypsum 401(k) and Retirement Savings Plan's outsized position by total assets

National Gypsum 401(k) and Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$364,610,068 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

National Gypsum 401(k) and Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Gypsum 401(k) and Retirement Savings Plan lands in the large band (2,509 participants).

Published 5500 schedule card

Filing strip 853196048 · Ng Operations, LLC PY 2022 · 401(k)

National Gypsum 401(k) and Retirement Savings Plan · $365M · 2,509 · 97th

  • IND $365M
  • EOY 2,509
  • 5500 97th
  • ASSETS 401(k)
  • PCT near Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P. Profit Sharing Plan
  • EIN ind #19673

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

National Gypsum 401(k) and Retirement Savings Plan in the asset neighbourhood

Acce Benefit Trust Profit Sharing PlanAcce Benefit Trust Profit Sh…$365MUofl Health 401(k) Plan$365MFinnegan, Henderson, Farabow, Garrett & Dunner, L.L.P. Profit Sharing PlanFinnegan, Henderson, Farabow…$365MNational Gypsum 401(k) and Retirement Savings PlanNational Gypsum 401(k) and R…$365MThe Christ Hospital 403(b) Retirement Savings PlanThe Christ Hospital 403(b) R…$364M
End-of-year total assets ($M) among National Gypsum 401(k) and Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$427M
Net Assets (End of Year)$365M
Net Income-$63M
Employer EIN853196048
Plan Effective Date1980-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ng Operations, LLC)

Sponsor-wide plan assets over time

All Ng Operations, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$655M 18.384747918888962% vs 2022
2024 filing year
$500M$550M$600M$650M$700M 202220232024 $553M $655M ▲ +18.4%
Year Plans Participants Total Assets
2022 3 3,441 $553M
2023 3 3,355 $616M
2024 3 3,452 $655M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

National Gypsum 401(k) and Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants National Gypsum 401(k) and Retirement Savings Plan, Total assets ($B): 0.364610068 · Participants: 2509National Gypsum 401(k) and Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
National Gypsum 401(k) and Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare National Gypsum 401(k) and Retirement Savings Plan side-by-side with 3 peers →

National Gypsum 401(k) and Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P. Profit Sharing Plan in DC ($365M); by covered participants it is Duncan Aviation, Inc. 401(k) Retirement Plan in NE (2,509 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,509 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did National Gypsum 401(k) and Retirement Savings Plan assets move in 2022? ▼
National Gypsum 401(k) and Retirement Savings Plan pulled back noticeably - down 14.7% during 2022, from $427M to $365M. Reported net income was -$63M.
How have Ng Operations, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ng Operations, LLC's sponsor-wide assets grew 18.4%, from $553M to $655M.
Where does National Gypsum 401(k) and Retirement Savings Plan rank by assets among Form 5500 filers? ▼
National Gypsum 401(k) and Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to National Gypsum 401(k) and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Finnegan, Henderson, Farabow, Garrett & Dunner, L.L.P. Profit Sharing Plan in DC ($365M, 408 participants).
Which 401(k) plans cover a similar participant headcount to National Gypsum 401(k) and Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Duncan Aviation, Inc. 401(k) Retirement Plan in NE (2,509 participants, $320M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 853196048.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.