401(k) · DOL Form 5500 · 2024

Norfolk Southern Corporation 401(k) Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
5,094
Participants Above avg headcount
99th
Percentile by assets National rank
$304,608
Avg per participant High balance/head
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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.

  • #1,095 in Management of Enterprises (1,133 peers)

Coverage in Georgia

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 5,094 participants in Georgia, 4.6x the typical Georgia plan (state average ~1,096 per filing). Assets: $1.6B.

#1,095
in Management of Enterprises (1,133 peers)
+5.3%
assets growth YoY
16×
vs typical plan assets (national mean)

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's outsized position by total assets

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,551,674,772 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies lands in the large band (5,094 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 521188014 · Norfolk Southern Corporation PY 2024 · 401(k)

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · $1.6B · 5,094 · 99th

  • 5500 $1.6B
  • ASSETS 5,094
  • PCT 99th
  • EIN 401(k)
  • RANK near Packaging Corporation of America Retirement Savings Plan for Salaried Employees
  • PHOTO ind #1095

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 →

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies in the asset neighbourhood

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesThrift and Investment Plan o…$1.6BPackaging Corporation of America Retirement Savings Plan for Salaried EmployeesPackaging Corporation of Ame…$1.6BGoodwin Procter LLP Partnership Profit Sharing Savings PlanGoodwin Procter LLP Partners…$1.6BDisney Hourly Savings and Investment PlanDisney Hourly Savings and In…$1.6BInternational Motors, LLC 401(k) Retirement PlanInternational Motors, LLC 40…$1.5B
End-of-year total assets ($B) among Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.6B
Net Income$78M
Employer EIN521188014
Plan Effective Date1984-01-01
Filing StatusFILING 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
$4B$4.5B$5B$5.5B 202220232024 $4.45B $5.14B ▲ +15.5%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 0510152025 Total assets ($B) Participants Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies, Total assets ($B): 1.551674772 · Participants: 5094Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies side-by-side with 3 peers →

Scale composition for Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports $1.6B in end-of-year assets across 5,094 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $304,608 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2024 was $78M.

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 Open filing
2024 · index core 5,094 $1.6B This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Packaging Corporation of America Retirement Savings Plan for Salaried Employees in IL ($1.6B); by covered participants it is Bob's Discount Furniture 401(k) Profit Sharing Plan in CT (5,094 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,094 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼
Among 401(k) plans in other states, the closest by covered participants is Bob's Discount Furniture 401(k) Profit Sharing Plan in CT (5,094 participants, $228M in assets).

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.