Defined Benefit (Pension) · DOL Form 5500 · 2022
Ng Operations, LLC Pension Plan
Data updated 2026-08-11
- $154M
- Total assets
- 593
- Participants
- 95th
- Percentile by assets
- $260,239
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $154M
- total plan assets (2022 EOY)
- 593
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $260,239
- avg assets per participant
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 vs the 2022 asset distribution
By assets, National Gypsum General Pension Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $238M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | -$84M |
| Employer EIN | 853196048 |
| Plan Effective Date | 1941-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ng Operations, LLC)
| 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
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to National Gypsum General Pension Plan by total assets, not by location.
- Allete and Affiliated Companies Retirement Plan B (MN) $154M · 338
- The Timken-Latrobe-Mpb-Torrington Retirement Plan (OH) $154M · 1,364
- Loyola University Employees' Retirement Plan (IL) $154M · 1,099
- John Maneely Company Pension Plan (IL) $154M · 327
Frequently Asked Questions
How did National Gypsum General Pension Plan assets move in 2022? ▼
How have Ng Operations, LLC plan assets changed over time? ▼
Where does National Gypsum General Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for National Gypsum General Pension Plan
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Ways to act on National Gypsum General Pension Plan's numbers.
- By total assets, National Gypsum General Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Ng Operations, LLC's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Manufacturing plans