DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies

Corporate pensionAtlanta, GA
Assets
$2.5B
Total assets, Dec 31, 2024 reported
Funded
104.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
1 managers on Schedule C
Plan sponsor: Norfolk Southern Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
8 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
9 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
32 readings
Total assets
$2.5B Dec 31, 2024 reported Form 5500
$2.5B (2023-12) · $2.2B (2022-12)
Plan assets
$2.5B Jan 1, 2024 reported Form 5500
$2.2B (2023-01) · $2.9B (2022-01)
Net assets
$2.5B Dec 31, 2024 reported Form 5500
$2.5B (2023-12) · $2.2B (2022-12)
Funded ratio
104.1% Jan 1, 2024 reported Form 5500
105.7% (2023-01) · 112.1% (2022-01)
Funding target
$1.7B Jan 1, 2024 reported Form 5500
$1.7B (2023-01) · $1.7B (2022-01)
Discount rate
5.17% Jan 1, 2024 reported Form 5500
5.24% (2023-01) · 5.40% (2022-01)
Participants
14,222 Jan 1, 2024 reported Form 5500
14,228 (2023-01) · 14,343 (2022-01)
Contributions
$0 Dec 31, 2023 reported Form 5500
$0 (2022-12)
Benefits paid
$133M Dec 31, 2024 reported Form 5500
$133M (2023-12) · $131M (2022-12)
Net investment income
$48.9M Dec 31, 2024 reported Form 5500
$251M (2023-12) · $-606M (2022-12)
Investment management fees
$7.8M Dec 31, 2024 reported Form 5500
$8.6M (2023-12) · $8.6M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202414,222$2.5B$1.7B104.1%$2.5Bn/a$2.5Bn/a
2023 to Dec 31, 202314,228$2.2B$1.7B105.7%$2.5Bn/a$2.5Bn/a
2022 to Dec 31, 202214,343$2.9B$1.7B112.1%$2.2Bn/a$2.2Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Manager relationship endedinference
    Capital Guardian Trust Company no longer appears on Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's Schedule C as investment manager (plan year 2024 vs 2023)
    with Capital Guardian Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Capital International Inc appears on Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies's Schedule C as investment manager (plan year 2024 vs 2023)
    with Capital International, Inc.askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies plan assets $2.2B -> $2.5B (+11.3%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies total assets $2.2B -> $2.5B (+11.2%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies funded ratio 112.1% -> 105.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Retirement Plan of Norfolk Southern Corporation and Participating Subsidiary Companies plan assets $2.9B -> $2.2B (-21.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 521188014-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.