Plan Snapshot
- Plan Sponsor: Norfolk Southern Corporation
- Sponsor EIN: 521188014
- Sponsor Address: 650 WEST PEACHTREE STREET NW, ATLANTA, GA, 30308
- Plan Type: DB
- Total Participants: 4,771
- Total Assets: $2.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,771 | $2.5B | $0 | $0 |
| 2023 | 4,745 | $2.5B | $0 | $0 |
| 2022 | 4,645 | $2.2B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRIMECAP MANAGEMENT COMPANY | Other Service Provider | $1,497,953 | $14,054 | $1,512,007 |
| SILCHESTER INTERNATIONAL INVESTORS | Other Service Provider | $1,485,230 | — | $1,485,230 |
| CONESTOGA CAPITAL ADVISORS | Other Service Provider | $1,169,002 | — | $1,169,002 |
| AON CONSULTING | Recordkeeper | $988,298 | — | $988,298 |
| INVESCO CAPITAL MANAGEMENT | Other Service Provider | $914,805 | — | $914,805 |
| DIAMOND HILL CAPITAL MANAGEMENT INC | Other Service Provider | $897,122 | — | $897,122 |
| JOHN W. BRISTOL & CO., INC. | Recordkeeper | $735,867 | — | $735,867 |
| CAPITAL INTERNATIONAL INC | Other Service Provider | $708,287 | — | $708,287 |
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | $610,155 | — | $610,155 |
| NORTHERN TRUST COMPANY | Other Service Provider | $367,616 | — | $367,616 |
| COOKE & BIELER INC. | Other Service Provider | $316,563 | — | $316,563 |
| LCG ASSOCIATES, INC. | Other Service Provider | $250,000 | — | $250,000 |
| TOWERS WATSON PENNSYLVANIA, INC., | Other Service Provider | $206,752 | — | $206,752 |
| BLACKROCK | Other Service Provider | $141,509 | — | $141,509 |
| PENSION BENEFIT INFORMATION, LLC | Other Service Provider | $16,069 | — | $16,069 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING — Recordkeeper
- JOHN W. BRISTOL & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,319,282
- Estimated Expense Ratio: 0.406% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $10,996,954 | $7,777,910 | — | — | — |
| 2023 | $11,683,256 | $8,603,190 | — | — | — |
| 2022 | $14,818,928 | $8,635,332 | — | — | — |