Defined Benefit (Pension) · DOL Form 5500 · 2024

Norfolk Southern Corporation Pension Plan

Data updated 2026-08-25

$2.5B
Total assets Very large vs avg
5,090
Participants Above avg headcount
99th
Percentile by assets National rank
$499,738
Avg per participant High balance/head
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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, 5,090 participants

Norfolk Southern Corporation's Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported $2.5B in total assets and 5,090 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.

  • #1,111 in Management of Enterprises (1,133 peers)

Coverage in Georgia

Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies covers 5,090 participants in Georgia, 4.6x the typical Georgia plan (state average ~1,096 per filing). Assets: $2.5B.

#1,111
in Management of Enterprises (1,133 peers)
+2.0%
assets growth YoY
26×
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 2024 · DOL Form 5500

$2,543,664,031 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

Retirement 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. Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies lands in the large band (5,090 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported net income fell from $251M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reported participants rose from 4,761 in the plan year 2023 filing to 5,090 in the plan year 2024 filing.
  • Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies end-of-year assets rose from $2.5B in the plan year 2023 filing to $2.5B in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 521188014 · Norfolk Southern Corporation PY 2024 · Defined Benefit (Pension)

Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · $2.5B · 5,090 · 99th

  • EOY $2.5B
  • EOY 5,090
  • EOY 99th
  • EOY Defined Benefit (Pension)
  • EOY near The Hcsc Employee Pension Plan
  • EOY ind #1111

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

Frontier Communications Pension PlanFrontier Communications Pens…$2.6BThe Retirement Benefit Plan of American Airlines, Inc. for Flight AttendantsThe Retirement Benefit Plan …$2.5BRetirement Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesRetirement Plan of Norfolk S…$2.5BThe Hcsc Employee Pension PlanThe Hcsc Employee Pension Pl…$2.5BThe Hcsc Employee Pension PlanThe Hcsc Employee Pension Pl…$2.5B
End-of-year total assets ($B) among Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.5B
Net Income$49M
Employer EIN521188014
Plan Effective Date1982-06-01
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 Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 0510152025 Total assets ($B) Participants Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies, Total assets ($B): 2.543664031 · Participants: 5090Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesUPS Retirement Plan, Total assets ($B): 21.2364871 · Participants: 43465UPS Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 15.319238036 · Participants: 25843The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.219463258 · Participants: 69627UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.280234765 · Participants: 157587UPS Pension PlanDelta Retirement Plan, Total assets ($B): 7.253434311 · Participants: 15222Delta Retirement Plan
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies side-by-side with 3 peers →

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

Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies reports $2.5B in end-of-year assets across 5,090 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $499,738 per participant (3.6x the national average assets-per-participant) . Net income for plan year 2024 was $49M.

This plan identity (EIN 521188014, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.2B to $2.5B (+13.4%) while covered participants moved from 4,832 to 5,090 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,832 $2.2B Open filing
2023 4,761 $2.5B Open filing
2024 · index core 5,090 $2.5B This page

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

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 The Hcsc Employee Pension Plan in TX ($2.5B); by covered participants it is Ufcw- Giant Excess Supplemental Benefit Fund in MD (5,081 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,090 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 Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies assets move in 2024? ▼
Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies edged up modestly - up 2.0% during 2024, from $2.5B to $2.5B. Reported net income was $49M.
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 Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers? ▼
Retirement 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Hcsc Employee Pension Plan in TX ($2.5B, 24,258 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw- Giant Excess Supplemental Benefit Fund in MD (5,081 participants, $92K 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.