401(k) · DOL Form 5500 · 2022

Norfolk Southern Corporation 401(k) Plan

Data updated 2026-08-11

$877M
Total assets
12,606
Participants
99th
Percentile by assets
$69,572
Avg per participant
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Official DOL plan name: Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · Sponsored by Norfolk Southern Corporation · Georgia · Management of Enterprises

$877M in assets, 12,606 participants

Norfolk Southern Corporation's Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $877M in total assets and 12,606 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #1,134 in Management of Enterprises (1,193 peers)

Coverage in Georgia

Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 12,606 participants in Georgia, 11x the typical Georgia plan (state average ~1,096 per filing). Assets: $877M.

$877M
total plan assets (2022 EOY)
12,606
covered participants
99th
percentile by assets (of 139,126 plans)
$69,572
avg assets per participant

The plan reported a net loss of $190M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports 12,606 participants - 11x that state average ($877M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$877M
Net Income-$190M
Employer EIN521188014
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norfolk Southern Corporation)

$4B$4.5B$5B$5.5B 202220232024 $4.45B $5.14B â–² +15.5%
Total plan assets by year, all Norfolk Southern Corporation plans on file
Year Plans Participants Total Assets
2022 3 22,376 $4.5B
2023 3 22,583 $4.9B
2024 3 22,262 $5.1B

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby 401(k) plans in Georgia, assets vs. participants

Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 05101520 Total assets ($B) Participants Thoroughbred Retirem…The Teamster-UPS Nat…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401 (K) Savings …The Home Depot Futur…
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby 401(k) plans in Georgia, assets vs. participants

Scale composition for Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies

Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports $877M in end-of-year assets across 12,606 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $69,572 per participant (50% of the national average assets-per-participant) . Net income for plan year 2022 was -$190M.

This plan identity (EIN 521188014, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $877M to $1.0B (+19.5%) while covered participants moved from 12,606 to 12,078 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,606 $877M This page
2023 12,487 $960M Open filing
2024 · index core 12,078 $1.0B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies by total assets, not by location.

Frequently Asked Questions

How did Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies assets move in 2022?
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies declined sharply - down 18.0% during 2022, from $1.1B to $877M. Reported net income was -$190M.
How have Norfolk Southern Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Norfolk Southern Corporation's sponsor-wide assets grew 15.5%, from $4.5B to $5.1B.
Where does Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers?
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies?
Among 401(k) plans in other states, the closest by assets is Nv Energy 401(k) Plan in NV ($877M, 2,308 participants).

Next read for Thoroughbred Retirement Investment Plan …

Filing takeaways

Ways to act on Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's numbers.