401(k) · DOL Form 5500 · 2023
Norfolk Southern Corporation 401(k) Plan
Data updated 2026-08-06
- $1.5B
- Total assets
- 5,335
- Participants
- 99th
- Percentile by assets
- $276,147
- Avg per participant
Official DOL plan name: Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · Sponsored by Norfolk Southern Corporation · Georgia · Management of Enterprises
$1.5B in assets, 5,335 participants
Norfolk Southern Corporation's Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $1.5B in total assets and 5,335 participants in its 2023 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 126,618 plans)
- #1,095 in Management of Enterprises (1,135 peers)
Coverage in Georgia
Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 5,335 participants in Georgia, 4.7x the typical Georgia plan (state average ~1,126 per filing). Assets: $1.5B.
- $1.5B
- total plan assets (2023 EOY)
- 5,335
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $276,147
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported net income rose from -$300M in the plan year 2022 filing to $140M in the plan year 2023 filing.
- Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
- Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported participants rose from 4,938 in the plan year 2022 filing to 5,335 in the plan year 2023 filing.
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 5,335 participants - 4.7x that state average ($1.5B EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $140M |
| Employer EIN | 521188014 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Norfolk Southern Corporation)
| 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
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- Delta 401(k) Retirement Plan $16.2B · 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
- UPS 401(k) Savings Plan $13.1B · 102,231
- The Home Depot Futurebuilder $12.6B · 413,365
Scale composition for Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies
Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports $1.5B in end-of-year assets across 5,335 participants (0.013% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $276,147 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $140M.
This plan identity (EIN 521188014, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+16.4%) while covered participants moved from 4,938 to 5,094 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,938 | $1.3B | Open filing |
| 2023 | 5,335 | $1.5B | This page |
| 2024 · index core | 5,094 | $1.6B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies (Defined Benefit (Pension), $2.5B, 5,090 participants)
- Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies (401(k), $1.6B, 5,094 participants)
- Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies (401(k), $1.0B, 12,078 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.
- Csx Corporation 401(k) Plan (FL) $1.5B · 3,307
- General Dynamics Corporation 401(k) Plan 3.0 (VA) $1.5B · 1,728
- Pinnacle West Capital Corporation Savings Plan (AZ) $1.5B · 5,820
- Hexagon Employee Retirement Savings Plan (AL) $1.5B · 4,618
Frequently Asked Questions
How did Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies assets move in 2023? ▼
How have Norfolk Southern Corporation plan assets changed over time? ▼
Where does Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼
Next read for Thrift & Investment Plan of Norfolk Sout…
Filing takeaways
Ways to act on Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's numbers.
- By total assets, Thrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
- Norfolk Southern Corporation's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Management of Enterprises plans