THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS

Plan Contact

  • Address: THREE COMMERCIAL PLACE,NORFOLK,VA
  • Contact person: G. W. DANA
  • Phone: (757) 664-2004

Plan General Information

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is $824,499,558.00.This plan was established in 1984.

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is 6035

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Average Participant Retirement Account Value

In 2011, the average participant retirement account value for THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is $136,619.00

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is $9,536.00.

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is approximately $1,885.00
Investing in this additonal $1,885.00 for 20 years would give you extra $120,668.00, assuming a 10% annual return.

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Total Employer Contribution and Match Rate

In 2011, THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS allocates $11,378,637.00 to match its employees' contributions, providing an employer match rate of 39.54% of their contributions

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is 4.79%.

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is 8.63%. This measures the effectiveness of the plan participants' investments in the year.

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS Expense Ratio

In 2011, the investment and administrative expense ratio of THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS is 0.04%.

Enrollment Features

THRIFT & INVESTMENT PLAN OF NORFOLK SOUTHERN CORP. & PART. SUBSID. COS has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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