NG Operations 401(k) and pension plans

NG Operations, LLC, Charlotte, NC. EIN 85-3196048. Annual reports 2009–2024. Also filed as New NGC, Inc.; New NGC, Inc; New NGC, Inc. (National Gypsum Company).

NG Operations, LLC has 3 active retirement plans on file. The largest is the National Gypsum 401(k) and Retirement Savings Plan, with 3,576 participants and $467 million in assets in 2024. Schwab has been its recordkeeper since 2021.

Active plans: 3
Participants: 5,387
Plan assets: $655 million
401(k) recordkeeper: Schwab
Plans on file: 3
Industry: Manufacturing

All 3 plans

Active plans first

National Gypsum 401(k) and Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 075Employer EIN 85-3196048
Participants (2024): 3,576
Net assets (2024): $467 million
Recordkeeper: SchwabEarlier: Principal (2020), Wells Fargo (2010–2019), Wachovia Bank (2009)
Plan administrator: NG Corporate, LLC
2001 Rexford Road
Charlotte, NC 28211
(704) 365-7300As filed for 2024
In effect since: April 1, 1980

Earlier sponsor: New NGC, Inc. (2009–2020).

Earlier plan names: National Gypsum Company General Savings Plan; National Gypsum Company 401(k) and Retirement Savings Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	3,576	$467 million	Schwab
2023	3,425	$417 million	Schwab
2022	3,639	$365 million	Schwab
2021	3,379	$427 million	Schwab
2020	3,470	$378 million	Principal
2019	3,375	$348 million	Wells Fargo
2018	3,241	$291 million	Wells Fargo
2017	2,971	$302 million	Wells Fargo
2016	2,829	$265 million	Wells Fargo
2015	2,669	$242 million	Wells Fargo
2014	2,568	$241 million	Wells Fargo
2013	2,339	$225 million	Wells Fargo
2012	2,271	$195 million	Wells Fargo
2011	2,204	$181 million	Wells Fargo
2010	2,423	$191 million	Wells Fargo
2009	2,650	$178 million	Wachovia Bank

National Gypsum General Pension Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 85-3196048
Participants (2024): 1,144
Net assets (2024): $154 million
Plan administrator: NG Corporate, LLC
2001 Rexford Road
Charlotte, NC 28211
(704) 365-7300As filed for 2024
In effect since: March 1, 1941

Plans merged into this one: National Gypsum Company General Pension Annuity Plan (2018).

Earlier sponsors: New NGC, Inc. (National Gypsum Company) (2009); New NGC, Inc. (2010–2019).

Earlier plan names: National Gypsum Company General Retirement Plan; National Gypsum Company General Pension Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	1,144	$154 million	not listed
2023	1,195	$163 million	not listed
2022	1,220	$154 million	not listed
2021	1,287	$238 million	not listed
2020	1,341	$267 million	not listed
2019	1,379	$240 million	not listed
2018	2,048	$213 million	not listed
2017	1,620	$273 million	not listed
2016	1,671	$181 million	not listed
2015	1,986	$168 million	not listed
2014	1,795	$141 million	not listed
2013	1,848	$123 million	not listed
2012	1,897	$106 million	not listed
2011	4,705	$152 million	not listed
2010	4,763	$153 million	not listed
2009	4,843	$133 million	not listed

Pension Plan for Represented Hourly-Paid Employees of National Gypsum

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 039Employer EIN 85-3196048
Participants (2024): 667
Net assets (2024): $33.9 million
Plan administrator: NG Corporate, LLC
2001 Rexford Road
Charlotte, NC 28211
(704) 365-7300As filed for 2024
In effect since: January 1, 1959

Plans merged into this one: Pension Annuity Plan for Represented Hourly-Paid Employees of National Gypsum Company (2018).

Earlier sponsor: New NGC, Inc (2009–2019).

Earlier plan names: Retirement Plan for Represented Hourly-Paid Employees of National Gypsum Company; Pension Plan for Represented Hourly-Paid Employees of National Gypsum Company.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	667	$33.9 million	not listed
2023	715	$35.3 million	not listed
2022	726	$34.2 million	not listed
2021	756	$47.1 million	not listed
2020	786	$49.5 million	not listed
2019	807	$44.3 million	not listed
2018	1,212	$42.7 million	not listed
2017	720	$43.2 million	not listed
2016	750	$35.8 million	not listed
2015	914	$31.8 million	not listed
2014	810	$24.6 million	not listed
2013	822	$21.7 million	not listed
2012	774	$17.3 million	not listed
2011	2,425	$33.0 million	not listed
2010	2,465	$32.7 million	not listed
2009	2,471	$27.9 million	not listed

If you had money in one of these plans

Call Schwab (schwab.com), which runs the National Gypsum 401(k) and Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((704) 365-7300). That number was filed for 2024; ask for the benefits or retirement plan office.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 3 plans

National Gypsum 401(k) and Retirement Savings Plan

National Gypsum General Pension Plan

Pension Plan for Represented Hourly-Paid Employees of National Gypsum

If you had money in one of these plans

What these numbers are

Other manufacturing employers in NC