Defined Benefit (Pension) · DOL Form 5500 · 2024
Ng Operations, LLC Pension Plan
Data updated 2026-08-25
- $34M
- Total assets Below avg plan size
- 276
- Participants Below avg headcount
- 79th
- Percentile by assets National rank
- $122,678
- Avg per participant Near avg balance/head
Official DOL plan name: Pension Plan for Represented Hourly-Paid Employees of National Gypsum · Sponsored by Ng Operations, LLC · North Carolina · Manufacturing
$34M in assets, 276 participants
Ng Operations, LLC's Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported $34M in total assets and 276 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- #12,636 in Manufacturing (17,777 peers)
Coverage in North Carolina
Pension Plan for Represented Hourly-Paid Employees of National Gypsum covers 276 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $34M.
- #12,636
- in Manufacturing (17,777 peers)
- -4.2%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$33,859,239 Top 21% higher than 79% 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
Pension Plan for Represented Hourly-Paid Employees of National Gypsum 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. Pension Plan for Represented Hourly-Paid Employees of National Gypsum sits mid-pack in the medium band (276 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported net income fell from $1M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Pension Plan for Represented Hourly-Paid Employees of National Gypsum end-of-year assets fell from $35M in the plan year 2023 filing to $34M in the plan year 2024 filing.
- Pension Plan for Represented Hourly-Paid Employees of National Gypsum reported participants fell from 288 in the plan year 2023 filing to 276 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 853196048 · Ng Operations, LLC PY 2024 · Defined Benefit (Pension)
Pension Plan for Represented Hourly-Paid Employees of National Gypsum · $34M · 276 · 79th
- BOOK $34M
- BOOK 276
- BOOK 79th
- BOOK Defined Benefit (Pension)
- BOOK near Pension Plan of the International Brotherhood of Electrical Workers Local No. 445 Pension Fund
- BOOK ind #12636
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
North Carolina filing particulars
| Total Assets (Beginning of Year) | $35M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | -$1M |
| Employer EIN | 853196048 |
| Plan Effective Date | 1959-01-01 |
| 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
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 Pension Plan of the International Brotherhood of Electrical Workers Local No. 445 Pension Fund in MI ($34M); by covered participants it is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY (276 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($34M here).
- Pension Plan of the International Brotherhood of Electrical Workers Local No. 445 Pension Fund (MI) $34M · 182
- Retirement Plan for Employees of Dana-Farber Cancer Institute, Inc (MA) $34M · 66
- Wec Energy Group Retirement Plan for Integrys Holding (WI) $34M · N/A
- Local Union 1158 I.B.E.W. Pension Fund - PA (NJ) $34M · N/A
Similar participant headcount
Nearest other-state filings by covered participants (276 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.