401(k) · DOL Form 5500 · 2023
Norfolk Southern Corporation 401(k) Plan
Data updated 2026-08-11
- $960M
- Total assets
- 12,487
- Participants
- 99th
- Percentile by assets
- $76,914
- Avg per participant
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
$960M in assets, 12,487 participants
Norfolk Southern Corporation's Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $960M in total assets and 12,487 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 127,072 plans)
- #1,075 in Management of Enterprises (1,137 peers)
Coverage in Georgia
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 12,487 participants in Georgia, 11x the typical Georgia plan (state average ~1,096 per filing). Assets: $960M.
- $960M
- total plan assets (2023 EOY)
- 12,487
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $76,914
- avg assets per participant
Where Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies sits by total assets
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$960,427,792 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported net income rose from -$190M in the plan year 2022 filing to $85M in the plan year 2023 filing.
- Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies end-of-year assets rose from $877M in the plan year 2022 filing to $960M in the plan year 2023 filing.
- Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported participants fell from 12,606 in the plan year 2022 filing to 12,487 in the plan year 2023 filing.
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 12,487 participants - 11x that state average ($960M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $877M |
|---|---|
| Net Assets (End of Year) | $960M |
| Net Income | $85M |
| Employer EIN | 521188014 |
| Plan Effective Date | 1995-04-01 |
| 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.
Thoroughbred Retirement 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 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 $960M in end-of-year assets across 12,487 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $76,914 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $85M.
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 | Open filing |
| 2023 | 12,487 | $960M | This page |
| 2024 · index core | 12,078 | $1.0B | 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 Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies by total assets, not by location.
- Citrix Systems, Inc. 401(k) Plan (FL) $960M · 2,821
- Employee 401(k) Savings Plan (TX) $961M · 10,787
- Dart Container Corporation Employees' 401(k) Plus Plan (MI) $962M · 11,324
- Independence Blue Cross Blue Chip Retirement Savings Plan (PA) $958M · 4,055
Frequently Asked Questions
How did Thoroughbred Retirement 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 Thoroughbred Retirement 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 Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼
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.
- By total assets, Thoroughbred Retirement 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