401(k) · DOL Form 5500 · 2022

Norfolk Southern Corporation 401(k) Plan

Data updated 2026-08-06

$1.3B
Total assets
4,938
Participants
99th
Percentile by assets
$269,957
Avg per participant
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Official DOL plan name: Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · Sponsored by Norfolk Southern Corporation · Georgia · Management of Enterprises

$1.3B in assets, 4,938 participants

Norfolk Southern Corporation's Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $1.3B in total assets and 4,938 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 139,258 plans)
  • #1,153 in Management of Enterprises (1,193 peers)

Coverage in Georgia

Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 4,938 participants in Georgia, 4.4x the typical Georgia plan (state average ~1,126 per filing). Assets: $1.3B.

$1.3B
total plan assets (2022 EOY)
4,938
covered participants
99th
percentile by assets (of 139,258 plans)
$269,957
avg assets per participant

The plan reported a net loss of $300M 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 1,126 participants across 3,470 plans. Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports 4,938 participants - 4.4x that state average ($1.3B EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.3B
Net Income-$300M
Employer EIN521188014
Plan Effective Date1984-01-01
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.

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

Thrift & 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 Thrift & Investment …The Teamster-UPS Nat…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401 (K) Savings …The Home Depot Futur…
Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies assets move in 2022?
Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies declined sharply - down 18.3% during 2022, from $1.6B to $1.3B. Reported net income was -$300M.
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 Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers?
Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies ranks in the 99th percentile by end-of-year assets among 139,258 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 Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies?
Among 401(k) plans in other states, the closest by assets is Csx Corporation 401(k) Plan in FL ($1.3B, 3,207 participants).

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Filing takeaways

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