NG Operations 401(k) match, vesting and fees

Plan year 2024 filingNational Gypsum 401(k) and Retirement Savings Plan · Plan 075 · EIN 85-3196048Updated Oct 2026

What NG Operations' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $20.1M in employer contributions, about $6,030 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$139,876
Average account balance
3,576
Participants (end of year)
$467M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperSchwab Retirement Plan Services,incSchedule C ↗
Independent auditorPricewaterhousecoopers LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

NG Operations: employer contribution per participant$6,030
Peer median$2,413
NG Operations: average balance$139,876
Peer median$86,456
NG Operations: admin expenses ÷ assets0.06%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $427M at the end of plan year 2021 to $467M at the end of plan year 2024.

$427M2021$365M2022$417M2023$467M2024
End-of-year figures from each plan year's Form 5500 filing for the NG Operations plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20243,576$467M$20.1M$6,0300.06%Not publishedForm 5500 ↗
20233,425$417M$18.8M$5,9520.06%Not publishedForm 5500 ↗
20223,639$365M$16.3M$4,8470.06%Not publishedForm 5500 ↗
20213,379$427M$14.5M$4,5900.06%Not publishedForm 5500 ↗

Other NG Operations plans (2)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Pension Plan for Represented Hourly-Paid Employees of National Gypsum

Plan 039 · EIN 85-3196048 · plan year 2024 filing
$50,763
Average account balance
667
Participants (end of year)
$33.9M
Plan assets (end of year)
0.21%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

National Gypsum General Pension Plan

Plan 001 · EIN 85-3196048 · plan year 2024 filing
$134,927
Average account balance
1,144
Participants (end of year)
$154M
Plan assets (end of year)
0.08%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does NG Operations match 401(k) contributions?

The match terms for the National Gypsum 401(k) and Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $20.1M in employer contributions, about $6,030 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the NG Operations 401(k) match vested?

The vesting schedule for the National Gypsum 401(k) and Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the NG Operations 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Ng Corporate, LLC.

I left NG Operations. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Ng Corporate, LLC, (704) 365-7300) or the recordkeeper, Schwab Retirement Plan Services,inc. The NG Operations old 401(k) page lists the contacts from every plan filing. Find an old NG Operations 401(k)

Data from the public Form 5500 annual reports NG Operations filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with NG Operations. Not financial advice. Report a correction · Methodology