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Original filing (PDF)20250627170808NAL0005435603001

NORFOLK SOUTHERN CORPORATION

Form 5500
FILING_RECEIVED
THRIFT AND INVESTMENT PLAN OF NORFOLK SOUTHERN CORPORATION AND PARTICIPATING SUBSIDIARY COMPANIES
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
4,579
Accounts w/ balance
6,541
Plan assets (EOY)
$1.6B
Net assets (EOY)
$1.6B
How this plan invests
This plan
14 pooled trusts
Schedule D
26 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
98
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NORFOLK SOUTHERN CORPORATION.
Plan sponsor
Name
NORFOLK SOUTHERN CORPORATION
EIN
52-1188014
Address
650 WEST PEACHTREE STREET NW · ATLANTA, GA · 30308
Phone
(470) 463-6682
Industry
Management of Companies / Holdingssee all
Plan administrator
Name
BOARD OF MANAGERS NS THRIFT & INVESTMENT PLAN
EIN
52-1188014
City
ATLANTA, GA
Phone
(470) 463-6682
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-06-27
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2I · Stock bonus
2J · 401(k) feature
2K · 401(m) arrangement
2O · ESOP (non-leveraged)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
KPMG LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

3 rows
Other
3
NameEINLocationRelationDirect compIndirect comp
VANGUARD ADVISERS INC.23-2811930NONE$630K
THE VANGUARD GROUP, INC.23-1945930NONE$162K
QDRO CONSULTANTS CO LLC34-1820650NONE$5K

Investments

25 direct securities · 14 pooled funds· $2.0B(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized
$1.3B
25 holdings
Common Collective Trust
$458.8M
13 holdings
Master Trust
$275.0M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
MASTER TRUST FOR TIP AND TRIP
NORFOLK SOUTHERN CORPORATION · EIN 52-1188014 / PN 005
Master Trust
$275.0M17.7%
*The Vanguard Group, Inc.$177.4M11.4%
*The Vanguard Group, Inc.$174.9M11.3%
*The Vanguard Group, Inc.$117.6M7.6%
*The Vanguard Group, Inc.$88.9M5.7%
VFTC RETIREMENT SAVINGS TRUST III
VANGUARD FIDUCIARY TRUST COMPANY · EIN 38-7041744 / PN 024
Common Collective Trust
$77.3M5.0%
*The Vanguard Group, Inc.$77.3M5.0%
*The Vanguard Group, Inc.$63.8M4.1%
*The Vanguard Group, Inc.$63.4M4.1%
*The Vanguard Group, Inc.$62.4M4.0%
VFTC TARGET RET 2050 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083969 / PN 001
Common Collective Trust
$62.2M4.0%
*The Vanguard Group, Inc.$59.1M3.8%
*The Vanguard Group, Inc.$59.1M3.8%
VFTC TARGET RET 2045 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083973 / PN 001
Common Collective Trust
$59.1M3.8%
VFTC TARGET RET 2035 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083977 / PN 001
Common Collective Trust
$59.0M3.8%
*The Vanguard Group, Inc.$52.8M3.4%
VFTC TARGET RET 2040 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083975 / PN 001
Common Collective Trust
$47.4M3.1%
*The Vanguard Group, Inc.$47.4M3.1%
VFTC TARGET RET 2030 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083979 / PN 001
Common Collective Trust
$43.8M2.8%
*The Vanguard Group, Inc.$43.8M2.8%
*The Vanguard Group, Inc.$40.5M2.6%
VFTC TARGET RET 2055 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 27-6715074 / PN 001
Common Collective Trust
$32.3M2.1%
*The Vanguard Group, Inc.$32.3M2.1%
*The Vanguard Group, Inc.$28.7M1.9%
VFTC TARGET RET 2025 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083981 / PN 001
Common Collective Trust
$28.7M1.8%
*The Vanguard Group, Inc.$16.0M1.0%
VFTC TARGET RET 2020 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083983 / PN 001
Common Collective Trust
$16.0M1.0%
VFTC TARGET RET 2060 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 45-3799212 / PN 001
Common Collective Trust
$15.8M1.0%
*The Vanguard Group, Inc.$15.8M1.0%
*Participant loans$14.7M0.9%
Western Asset Funds, Inc.$13.1M0.8%
VFTC TARGET RET INCOME TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-6083968 / PN 001
Common Collective Trust
$11.7M0.8%
*The Vanguard Group, Inc.$11.7M0.8%
*The Vanguard Group, Inc.$11.3M0.7%
*The Vanguard Group, Inc.$5.1M0.3%
VFTC TARGET RET 2065 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6190443 / PN 001
Common Collective Trust
$5.1M0.3%
*The Vanguard Group, Inc.$276K<0.1%
VFTC TARGET RET 2070 TR I
VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-7035538 / PN 001
Common Collective Trust
$276K<0.1%
*The Vanguard Group, Inc.$178K<0.1%