Employers › Cardinal Health › plan 055
Recordkeeping fees per participant · Cardinal Health 401(k) Savings Plan · plan year 2024
$29.97
Higher than 42% of the 790 plans over $1B that report it.
= $964,816 / 32,188
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250730154837NAL0010840498001, received 2025-07-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250730154837NAL0010840498001, received 2025-07-30
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 2025-07-30.
Administrative expenses excluding investment management, per participant
$61.36
Higher than 74% of the 1,045 plans over $1B that report it.
= $1,975,076 / 32,188
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250730154837NAL0010840498001, received 2025-07-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250730154837NAL0010840498001, received 2025-07-30
Administrative expenses per participant
$66.02
Higher than 48% of the 1,076 plans over $1B that report it.
= $2,125,076 / 32,188
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250730154837NAL0010840498001, received 2025-07-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250730154837NAL0010840498001, received 2025-07-30
Administrative expenses as a share of assets
0.045%
Higher than 49% of the 1,076 plans over $1B that report it.
= $2,125,076 / $4,764,536,322
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250730154837NAL0010840498001, received 2025-07-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250730154837NAL0010840498001, received 2025-07-30
Employer contributions per participant
$2,442
Higher than 26% of the 1,135 plans over $1B that report it.
= $78,591,039 / 32,188
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250730154837NAL0010840498001, received 2025-07-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250730154837NAL0010840498001, received 2025-07-30
Employer share of total contributions
28.8%
Higher than 36% of the 1,135 plans over $1B that report it.
= $78,591,039 / $272,754,877
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250730154837NAL0010840498001, received 2025-07-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250730154837NAL0010840498001, received 2025-07-30
7.4% 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 $832,930 ($91.90 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250730154837NAL0010840498001, received 2025-07-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CARDINAL HEALTH, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Plan name | CARDINAL HEALTH 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Sponsor EIN / plan number | 31-0958666 / 055 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Sponsor location | DUBLIN, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Industry (business code) | 424210, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Filing received | 2025-07-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Participants, beginning of year | 45,111 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Active participants | 31,015 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Participants, end of year | 40,800 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Participants with an account balance | 32,188 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total assets, beginning of year | $4,286,171,017 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total assets, end of year | $4,764,536,322 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Net assets, end of year | $4,764,316,473 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total income | $952,992,029 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Net income | $480,044,421 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Employer contributions | $78,591,039 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Participant contributions | $165,082,090 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Other contributions (incl. rollovers) | $29,081,748 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total contributions | $272,754,877 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Benefit payments | $470,922,259 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total expenses (incl. benefit payments) | $472,947,608 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Total administrative expenses | $2,125,076 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Contract administrator fees | $444,257 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Recordkeeping fees | $964,816 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| IQPA audit fees | $169,004 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Investment advisory and management fees | $150,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Administrative expenses excluding investment management | $1,975,076 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Held in master trusts | $351,741,970 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Held in common/collective trusts | $3,528,288,406 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Held in mutual funds | $548,576,454 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250730154837NAL0010840498001, received 2025-07-30 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250730154837NAL0010840498001, received 2025-07-30 |
Position = column in the DOL layout for form year 2024. Filing 20250730154837NAL0010840498001, received 2025-07-30.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 50 Direct payment from the plan; 64 Recordkeeping fees | $964,816 | yes |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 62 Float revenue; 65 Account maintenance fees | $444,257 | yes |
| GROOM LAW GROUP, CHARTERED | ATTORNEY | 29 Legal; 50 Direct payment from the plan | $273,564 | no |
| ERNST & YOUNG LLP | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $169,004 | no |
| NEPC, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan); 28 Investment management; 50 Direct payment from the plan | $150,000 | no |
| ARY ROEPCKE MULCHAEY, P.C. | ACCOUNTING | 10 Accounting (including auditing); 50 Direct payment from the plan | $122,010 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250730154837NAL0010840498001, received 2025-07-30.
CARDINAL HEALTH STABLE VALUE FUND (EIN 043793339, PN 002): plan interest $351,741,970, 98.3% of the trust. The trust's own filing (20250730155011NAL0004979505001, received 2025-07-30) reports net assets $357,875,146, administrative expenses $847,453, recordkeeping fees not reported, investment management fees $847,453 and 7 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| GALLIARD CAPITAL MANAGEMENT, INC. | 28 51 | $318,068 | $312,617 |
| PRUDENTIAL INS. COMPANY OF AMERICA | 49 67 | $114,874 | $112,905 |
| AMERICAN GENERAL LIFE INSURANCE CO | 49 67 | $113,870 | $111,919 |
| PACIFIC LIFE | 49 67 | $106,188 | $104,368 |
| TRANSAMERICA PREMIER LIFE INSURANCE | 49 67 | $103,690 | $101,913 |
| ROYAL BANK OF CANADA | 49 67 | $90,763 | $89,208 |
| SEI TRUST COMPANY | 21 52 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,286,171,017 | $4,764,536,322 | 11.2% |
| Participants with a balance | 35,420 | 32,188 | -9.1% |
| Administrative expenses | $1,997,359 | $2,125,076 | 6.4% |
| Recordkeeping fees per participant | $25.18 | $29.97 | 19.1% |
| Employer contributions | $75,500,734 | $78,591,039 | 4.1% |
Prior filing 20240731080901NAL0021906657001, received 2024-07-31; the plan years are contiguous.