Defined Benefit (Pension) · DOL Form 5500 · 2023

Ng Operations, LLC Pension Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
288
Participants Below avg headcount
81st
Percentile by assets National rank
$122,704
Avg per participant Near avg balance/head
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Official DOL plan name: Pension Plan for Represented Hourly-Paid Employees of National Gypsum · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing

$35M in assets, 288 participants

Ng Operations, LLC's Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported $35M in total assets and 288 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,816 in Manufacturing (18,722 peers)

Coverage in North Carolina

Pension Plan for Represented Hourly-Paid Employees of National Gypsum covers 288 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $35M.

#13,816
in Manufacturing (18,722 peers)
+3.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Pension Plan for Represented Hourly-Paid Employees of National Gypsum's outsized position by total assets

Pension Plan for Represented Hourly-Paid Employees of National Gypsum vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$35,338,853 Top 19% higher than 81% 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

Pension Plan for Represented Hourly-Paid Employees of National Gypsum 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. Pension Plan for Represented Hourly-Paid Employees of National Gypsum sits mid-pack in the medium band (288 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported net income rose from -$13M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported participants fell from 339 in the plan year 2022 filing to 288 in the plan year 2023 filing.
  • Pension Plan for Represented Hourly-Paid Employees of National Gypsum end-of-year assets rose from $34M in the plan year 2022 filing to $35M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

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

Pension Plan for Represented Hourly-Paid Employees of National Gypsum · $35M · 288 · 81st

  • VS-ST $35M
  • BOY 288
  • SCH 81st
  • EBSA Defined Benefit (Pension)
  • PART near Nyrstar Clarksville Inc. Salaried Employees Retirement Plan
  • TYPE ind #13816

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 →

Pension Plan for Represented Hourly-Paid Employees of National Gypsum in the asset neighbourhood

The Vollrath Company LLC Defined Pension Plan for UAW EmployeesThe Vollrath Company LLC Def…$35MPension Plan for Employees of Generali - US BranchPension Plan for Employees o…$35MPension Plan for Represented Hourly-Paid Employees of National GypsumPension Plan for Represented…$35MNyrstar Clarksville Inc. Salaried Employees Retirement PlanNyrstar Clarksville Inc. Sal…$35MGood Samaritan Hospital Pension PlanGood Samaritan Hospital Pens…$35M
End-of-year total assets ($M) among Pension Plan for Represented Hourly-Paid Employees of National Gypsum and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$35M
Net Income$1M
Employer EIN853196048
Plan Effective Date1959-01-01
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.

Pension Plan for Represented Hourly-Paid Employees of National Gypsum vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Pension Plan for Represented Hourly-Paid Employees of National Gypsum, Total assets ($B): 0.035338853 · Participants: 288Pension Plan for Represented Hourly-Paid Employees of National GypsumHoneywell 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
Pension Plan for Represented Hourly-Paid Employees of National Gypsum vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Pension Plan for Represented Hourly-Paid Employees of National Gypsum side-by-side with 3 peers →

Pension Plan for Represented Hourly-Paid Employees of National Gypsum's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Nyrstar Clarksville Inc. Salaried Employees Retirement Plan in TN ($35M); by covered participants it is G.I. Associates, LLC Defined Benefit Pension Plan and Trust in WI (288 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (288 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 Pension Plan for Represented Hourly-Paid Employees of National Gypsum assets move in 2023? ▼
Pension Plan for Represented Hourly-Paid Employees of National Gypsum edged up modestly - up 3.3% during 2023, from $34M to $35M. Reported net income was $1M.
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 Pension Plan for Represented Hourly-Paid Employees of National Gypsum rank by assets among Form 5500 filers? ▼
Pension Plan for Represented Hourly-Paid Employees of National Gypsum ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Represented Hourly-Paid Employees of National Gypsum? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nyrstar Clarksville Inc. Salaried Employees Retirement Plan in TN ($35M, 50 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Represented Hourly-Paid Employees of National Gypsum? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is G.I. Associates, LLC Defined Benefit Pension Plan and Trust in WI (288 participants, $17M 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.