Defined Benefit (Pension) · DOL Form 5500 · 2023
Norfolk Southern Corporation Pension Plan
Data updated 2026-08-25
- $2.5B
- Total assets Very large vs avg
- 4,761
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $524,005
- Avg per participant High balance/head
Official DOL plan name: Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · Sponsored by Norfolk Southern Corporation · Georgia · Management of Enterprises
$2.5B in assets, 4,761 participants
Norfolk Southern Corporation's Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $2.5B in total assets and 4,761 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.
- #1,115 in Management of Enterprises (1,137 peers)
Coverage in Georgia
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 4,761 participants in Georgia, 4.3x the typical Georgia plan (state average ~1,096 per filing). Assets: $2.5B.
- #1,115
- in Management of Enterprises (1,137 peers)
- +11.2%
- assets growth YoY
- 25×
- vs typical plan assets (national mean)
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's outsized position by total assets
Retirement 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
$2,494,789,933 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
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies lands in the large band (4,761 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported net income rose from -$606M in the plan year 2022 filing to $251M in the plan year 2023 filing.
- Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies end-of-year assets rose from $2.2B in the plan year 2022 filing to $2.5B in the plan year 2023 filing.
- Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported participants fell from 4,832 in the plan year 2022 filing to 4,761 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 521188014 · Norfolk Southern Corporation PY 2023 · Defined Benefit (Pension)
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · $2.5B · 4,761 · 99th
- RANK $2.5B
- PHOTO 4,761
- IND 99th
- EOY Defined Benefit (Pension)
- 5500 near Boeing North American Retirement Plan
- ASSETS ind #1115
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Georgia →
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $2.2B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | $251M |
| Employer EIN | 521188014 |
| Plan Effective Date | 1982-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Norfolk Southern Corporation)
Sponsor-wide plan assets over time
All Norfolk Southern Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.1B 15.479197036018032% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 22,376 | $4.5B |
| 2023 | 3 | 22,583 | $4.9B |
| 2024 | 3 | 22,262 | $5.1B |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Southern Company Pension Plan $15.6B · 25,241
- UPS/Ibt Full-Time Employee Pension Plan $12.3B · 70,241
- UPS Pension Plan $9.7B · 153,217
- Cox Enterprises, Inc. Pension Plan $7.4B · 24,023
- Delta Retirement Plan $7.3B · 15,601
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Georgia, the nearest Defined Benefit (Pension) by assets is Boeing North American Retirement Plan in WA ($2.5B); by covered participants it is Cadence Retirement Plan and Trust Agreement in MS (4,758 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.5B here).
- Boeing North American Retirement Plan (WA) $2.5B · 147
- Valero Energy Corporation Pension Plan (TX) $2.5B · 6,500
- Pension Plan for Employees at Ornl (TN) $2.5B · 5,801
- Pension Plan of Public Service Enterprise Group Incorporated (NJ) $2.4B · 428
Similar participant headcount
Nearest other-state filings by covered participants (4,761 participants); asset peers above are excluded.
- Cadence Retirement Plan and Trust Agreement (MS) 4,758 · 3 off
- Carpenters Pension Fund of Illinois (IL) 4,750 · 11 off
- Pvh Consolidated Pension Plan (NJ) 4,777 · 16 off
- Salt River Project Employees' Retirement Plan (AZ) 4,790 · 29 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.