401(k) · DOL Form 5500 · 2024

Norfolk Southern Corporation 401(k) Plan

Data updated 2026-07-24

$1.6B
Total assets: 5,094
Participants: 99th
Percentile by assets: $304,608
Avg per participant

Official DOL plan name: Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · Sponsored by Norfolk Southern Corporation · Georgia · Management of Enterprises

$1.6B in assets, 5,094 participants

Norfolk Southern Corporation's Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $1.6B in total assets and 5,094 participants in its 2024 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 116,472 plans)

Coverage in Georgia

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 5,094 participants in Georgia, 4.5x the typical Georgia plan (state average ~1,126 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY): 5,094
covered participants: 99th
percentile by assets (of 116,472 plans): $304,608
avg assets per participant

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported net income fell from $140M in the plan year 2023 filing to $78M in the plan year 2024 filing.
Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported participants fell from 5,335 in the plan year 2023 filing to 5,094 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Georgia

Industry

Management of Enterprises

Participants vs Georgia filers

In Georgia, the average filing covers about 1,126 participants across 3,470 plans. Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports 5,094 participants - 4.5x that state average ($1.6B EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)	$1.5B
Net Assets (End of Year)	$1.6B
Net Income	$78M
Employer EIN	521188014
Plan Effective Date	1984-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Norfolk Southern Corporation)

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 and 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 $19.3B · 452,126
Delta 401(k) Retirement Plan $19.0B · 89,836
Delta 401(k) Retirement Plan for Pilots $15.9B · 14,473
UPS 401(k) Savings Plan $14.2B · 95,250
The Home Depot Futurebuilder $14.1B · 398,464

Compare Thrift and Investment Plan of Norfolk So… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Packaging Corporation of America Retirement Savings Plan for Salaried Employees (IL) $1.6B · 4,384
Disney Hourly Savings and Investment Plan (CA) $1.6B · 98,653
International Motors, LLC 401(k) Retirement Plan (IL) $1.5B · 5,400
Henry Schein, Inc. 401(k) Savings Plan (NY) $1.6B · 7,053

Frequently Asked Questions

How did Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies assets move in 2024? ▼

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies grew at a solid clip - up 5.3% during 2024, from $1.5B to $1.6B. Reported net income was $78M.

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 and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers? ▼

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼

Among 401(k) plans in other states, the closest by assets is Packaging Corporation of America Retirement Savings Plan for Salaried Employees in IL ($1.6B, 4,384 participants).

Next read for Thrift and Investment Plan of Norfolk So…

Filing takeaways

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

By total assets, Thrift and 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521188014.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.