Defined Benefit (Pension) · DOL Form 5500 · 2024
Ng Operations, LLC Pension Plan
Data updated 2026-08-25
- $154M
- Total assets Near avg plan size
- 476
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $324,278
- Avg per participant High balance/head
Official DOL plan name: National Gypsum General Pension Plan · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing
$154M in assets, 476 participants
Ng Operations, LLC's National Gypsum General Pension Plan reported $154M in total assets and 476 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,929 in Manufacturing (17,777 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, $154M for 476 participants (~$324,278/participant), down 5.4% in 2024.
- #15,929
- in Manufacturing (17,777 peers)
- -5.4%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M 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 2024 · DOL Form 5500
$154,356,454 Top 7% higher than 93% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
National Gypsum General Pension Plan among mid-size filed plans by headcount
Plan-year 2024 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 (476 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- National Gypsum General Pension Plan reported net income fell from $9M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- National Gypsum General Pension Plan reported participants fell from 506 in the plan year 2023 filing to 476 in the plan year 2024 filing.
- National Gypsum General Pension Plan end-of-year assets fell from $163M in the plan year 2023 filing to $154M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 853196048 · Ng Operations, LLC PY 2024 · Defined Benefit (Pension)
National Gypsum General Pension Plan · $154M · 476 · 93rd
- SCH $154M
- SCH 476
- SCH 93rd
- SCH Defined Benefit (Pension)
- SCH near Plumbers Local 27 Pension Fund
- SCH ind #15929
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
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $163M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | -$9M |
| Employer EIN | 853196048 |
| Plan Effective Date | 1941-03-01 |
| Filing Status | FILING 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
| 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.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
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 Plumbers Local 27 Pension Fund in PA ($154M); by covered participants it is Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan in MN (476 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($154M here).
- Plumbers Local 27 Pension Fund (PA) $154M · 663
- Operating Engineers Local No 37 Pension Fund (MD) $154M · 787
- Employees Security Fund of the Elec Ind Pension Plan (NY) $155M · 1,505
- The Restated Noncontributory Retirement Plan for Cooperatives (IA) $155M · 395
Similar participant headcount
Nearest other-state filings by covered participants (476 participants); asset peers above are excluded.
- Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan (MN) 476 · 0 off
- Leidos Biomedical Research, Inc. Retirement Plan (MD) 476 · 0 off
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc. (KS) 475 · 1 off
- Elliot Health System Pension Plan (NH) 475 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.