Defined Benefit (Pension) · DOL Form 5500 · 2023

Ng Operations, LLC Pension Plan

Data updated 2026-08-25

$163M
Total assets Near avg plan size
506
Participants Below avg headcount
94th
Percentile by assets National rank
$322,373
Avg per participant High balance/head
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Official DOL plan name: National Gypsum General Pension Plan · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing

$163M in assets, 506 participants

Ng Operations, LLC's National Gypsum General Pension Plan reported $163M in total assets and 506 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,981 in Manufacturing (18,722 peers)

Where National Gypsum General Pension Plan sits by assets

National Gypsum General Pension Plan sits in the top 10% of all filed plans by assets, $163M for 506 participants (~$322,373/participant), up 5.7% in 2023.

#16,981
in Manufacturing (18,722 peers)
+5.7%
assets growth YoY
1.6×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$163,120,620 Top 6% higher than 94% of 127,068 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 2023

National Gypsum General Pension Plan among mid-size filed plans by headcount

Plan-year 2023 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 (506 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Gypsum General Pension Plan reported net income rose from -$84M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • National Gypsum General Pension Plan reported participants fell from 593 in the plan year 2022 filing to 506 in the plan year 2023 filing.
  • National Gypsum General Pension Plan end-of-year assets rose from $154M in the plan year 2022 filing to $163M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 853196048 · Ng Operations, LLC PY 2023 · Defined Benefit (Pension)

National Gypsum General Pension Plan · $163M · 506 · 94th

  • VS-ST $163M
  • VS-ST 506
  • VS-ST 94th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Non-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of Mississippi
  • VS-ST ind #16981

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

Cng Pension Plan$163MNon-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of MississippiNon-Contributory Retirement …$163MNational Gypsum General Pension PlanNational Gypsum General Pens…$163MTeamsters Local 617 Pension FundTeamsters Local 617 Pension …$163MMedia Guild Retirement Plan$163M
End-of-year total assets ($M) among National Gypsum General Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$163M
Net Income$9M
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. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants National Gypsum General Pension Plan, Total assets ($B): 0.16312062 · Participants: 506National Gypsum General Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
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 Non-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of Mississippi in MS ($163M); by covered participants it is Local 808 Ibt Pension Plan in NY (506 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (506 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
National Gypsum General Pension Plan grew at a solid clip - up 5.7% during 2023, from $154M to $163M. Reported net income was $9M.
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 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% 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 Non-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of Mississippi in MS ($163M, 166 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 Local 808 Ibt Pension Plan in NY (506 participants, $71M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.