Defined Benefit (Pension) · DOL Form 5500 · 2022

Ng Operations, LLC Pension Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
593
Participants Below avg headcount
95th
Percentile by assets National rank
$260,239
Avg per participant Above avg balance/head
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Official DOL plan name: National Gypsum General Pension Plan · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing

$154M in assets, 593 participants

Ng Operations, LLC's National Gypsum General Pension Plan reported $154M in total assets and 593 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #18,906 in Manufacturing (20,602 peers)

Where National Gypsum General Pension Plan sits by assets

National Gypsum General Pension Plan sits in the top 5% of all filed plans by assets, $154M for 593 participants (~$260,239/participant), down 35.2% in 2022.

#18,906
in Manufacturing (20,602 peers)
-35.2%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $84M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

National Gypsum General Pension Plan's outsized position by total assets

National Gypsum General Pension Plan vs every filed plan by assets

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

$154,321,723 Top 5% higher than 95% 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 General Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Gypsum General Pension Plan sits mid-pack in the medium band (593 participants).

Published 5500 schedule card

Filing strip 853196048 · Ng Operations, LLC PY 2022 · Defined Benefit (Pension)

National Gypsum General Pension Plan · $154M · 593 · 95th

  • 5500 $154M
  • 5500 593
  • 5500 95th
  • 5500 Defined Benefit (Pension)
  • 5500 near Allete and Affiliated Companies Retirement Plan B
  • 5500 ind #18906

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 General Pension Plan in the asset neighbourhood

Loyola University Employees' Retirement PlanLoyola University Employees'…$154MJohn Maneely Company Pension PlanJohn Maneely Company Pension…$154MNational Gypsum General Pension PlanNational Gypsum General Pens…$154MAllete and Affiliated Companies Retirement Plan BAllete and Affiliated Compan…$154MThe Timken-Latrobe-Mpb-Torrington Retirement PlanThe Timken-Latrobe-Mpb-Torri…$154M
End-of-year total assets ($M) among National Gypsum General Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$238M
Net Assets (End of Year)$154M
Net Income-$84M
Employer EIN853196048
Plan Effective Date1941-03-01
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 Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

National Gypsum General Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants National Gypsum General Pension Plan, Total assets ($B): 0.154321723 · Participants: 593National Gypsum General Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
National Gypsum General Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare National Gypsum General Pension Plan side-by-side with 3 peers →

National Gypsum General Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Allete and Affiliated Companies Retirement Plan B in MN ($154M); by covered participants it is Sfb Life Insurance Co Retirement Plan and Trust in MS (593 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($154M here).

Similar participant headcount

Nearest other-state filings by covered participants (593 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 General Pension Plan assets move in 2022? ▼
National Gypsum General Pension Plan contracted severely - down 35.2% during 2022, from $238M to $154M. Reported net income was -$84M.
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 General Pension Plan rank by assets among Form 5500 filers? ▼
National Gypsum General Pension Plan ranks in the 95th 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 Defined Benefit (Pension) plans are similar in size to National Gypsum General Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Allete and Affiliated Companies Retirement Plan B in MN ($154M, 338 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Gypsum General Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sfb Life Insurance Co Retirement Plan and Trust in MS (593 participants, $247M 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.