Ngroup Employee Stock Ownership Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Ngroup, Inc. · South Carolina · Administrative & Support Services
What the 2023 filing shows
Ngroup Employee Stock Ownership Plan holds $25M for 1,859 participants — about $13,421 per participant.
- $25M
- total plan assets (2024 EOY)
- 1,859
- covered participants
- $13,421
- avg assets per participant
- $-49,428,300
- reported net income
The plan reported a net loss of $49M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Ngroup Employee Stock Ownership Plan
Ngroup Employee Stock Ownership Plan is a Other retirement plan sponsored by Ngroup, Inc., headquartered in South Carolina. As of the 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 1,859 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 010611008, and the plan has been effective since 2024-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from N/A at the beginning of 2024 to $25M at year-end. Net assets (after liabilities) closed the year at $-49,428,300, with reported net income of $-49,428,300 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | N/A |
| Total Assets (End of Year) | $25M |
| Net Assets (End of Year) | $-49,428,300 |
| Net Income | $-49,428,300 |
| Plan Type | Other |
| Employer EIN | 010611008 |
| Plan Effective Date | 2024-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Other Plans in South Carolina
Peer Other plans — same state, same plan type — ranked by total assets.
- Legacy Ghs/Tuomey Pension Plan $611M · 3,346
- Waterfront Employers - Ila Pension Plan $482M · 1,624
- Legacy Ghs/Tuomey Pension Plan $423M · 2,443
- Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies $398M · 760
- Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan $119M · 257
Related Data
Guides
Frequently Asked Questions
How much money is in the Ngroup Employee Stock Ownership Plan? ▼
What type of plan is Ngroup Employee Stock Ownership Plan? ▼
Who sponsors the Ngroup Employee Stock Ownership Plan? ▼
How did Ngroup Employee Stock Ownership Plan perform in 2024? ▼
Where can I find official filings for Ngroup Employee Stock Ownership Plan? ▼
How does Ngroup Employee Stock Ownership Plan compare to other plans? ▼
Explore PlainRetire
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 010611008.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.