401k Record

Employers › Norfolk Southern

Norfolk Southern 401(k)

Recordkeeping fees per participant · largest plan, Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies · plan year 2024

$27.43

Higher than 37% of the 790 plans over $1B that report it.

Source

= $179,441 / 6,541
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627170808NAL0005435603001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627170808NAL0005435603001, received 2025-06-27

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-27.

Largest plan, all six figures: Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies

Recordkeeping fees per participantheadline

$27.43

10th: $6.72median $34.2890th: $56.58

Higher than 37% of the 790 plans over $1B that report it.

Source

= $179,441 / 6,541
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627170808NAL0005435603001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627170808NAL0005435603001, received 2025-06-27

Administrative expenses excluding investment management, per participant

$28.24

10th: $9.43median $44.4790th: $97.55

Higher than 25% of the 1,045 plans over $1B that report it.

Source

= $184,691 / 6,541
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627170808NAL0005435603001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627170808NAL0005435603001, received 2025-06-27

Administrative expenses per participant

$124.56

10th: $24.33median $70.0390th: $174.36

Higher than 81% of the 1,076 plans over $1B that report it.

Source

= $814,748 / 6,541
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627170808NAL0005435603001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627170808NAL0005435603001, received 2025-06-27

Administrative expenses as a share of assets

0.053%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 57% of the 1,076 plans over $1B that report it.

Source

= $814,748 / $1,551,674,772
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627170808NAL0005435603001, received 2025-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627170808NAL0005435603001, received 2025-06-27

Employer contributions per participant

$2,244

10th: $1,442median $3,74490th: $8,760

Higher than 22% of the 1,135 plans over $1B that report it.

Source

= $14,676,667 / 6,541
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627170808NAL0005435603001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627170808NAL0005435603001, received 2025-06-27

Employer share of total contributions

25.9%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 25% of the 1,135 plans over $1B that report it.

Source

= $14,676,667 / $56,582,214
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627170808NAL0005435603001, received 2025-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627170808NAL0005435603001, received 2025-06-27

17.7% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($124.56 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.

Plan terms, as stated in Norfolk Southern Corporation's SEC filings

Eligibility

“Generally, Agreement Employees of NS or any participating subsidiary company are eligible to become a participant of the Plan (Member) upon employment, but an Agreement Employee who is eligible to make or receive contributions to a defined contribution plan sponsored by the Brotherhood of Locomotive Engineers and Trainmen during a year is ineligible to contribute to the Plan for that year.”

Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, general (fallback) · source document

Vesting

“A Member has an immediate, fully vested interest in all of the Member’s Accounts, other than the Member’s Matching Contributions Account.”

Form 11-K filed 2026-06-25, for the year ended 2025-12-31 · plan description note, vesting · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Thrift and Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies$1,551,674,7726,541 $27.43 recordkeeping fees per participant2024
Thoroughbred Retirement Investment Plan of Norfolk Southern Corporation and Participating Subsidiary Companies$1,048,015,61712,416 $30.30 recordkeeping fees per participant2024

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Sponsor name as filed: NORFOLK SOUTHERN CORPORATION; SEC registrant: NORFOLK SOUTHERN CORP (CIK 702165, matched by EIN; display name from the Form 11-K cover).