401(k) · DOL Form 5500 · 2022

Cardinal Health, Inc. 401(k) Plan

Data updated 2026-08-11

$3.7B
Total assets: 29,541
Participants: 100th
Percentile by assets: $125,612
Avg per participant

Official DOL plan name: Cardinal Health 401(k) Savings Plan · Sponsored by Cardinal Health, Inc. · Ohio · Wholesale Trade

$3.7B in assets, 29,541 participants

Cardinal Health, Inc.'s Cardinal Health 401(k) Savings Plan reported $3.7B in total assets and 29,541 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

100th percentile by assets (of 139,126 plans)
#6,836 in Wholesale Trade (6,843 peers)

Coverage in Ohio

Cardinal Health 401(k) Savings Plan covers 29,541 participants in Ohio, 39x the typical Ohio plan (state average ~765 per filing). Assets: $3.7B.

$3.7B
total plan assets (2022 EOY): 29,541
covered participants: 100th
percentile by assets (of 139,126 plans): $125,612
avg assets per participant

The plan reported a net loss of $849M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Ohio

Industry

Wholesale Trade

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Cardinal Health 401(k) Savings Plan reports 29,541 participants - 39x that state average ($3.7B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$4.6B
Net Assets (End of Year)	$3.7B
Net Income	-$849M
Employer EIN	310958666
Plan Effective Date	1987-03-25
Filing Status	FILING RECEIVED

Sponsor Plan History (Cardinal Health, Inc.)

Total plan assets by year, all Cardinal Health, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	30,175	$3.7B
2023	2	31,249	$4.3B
2024	2	31,923	$4.8B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cardinal Health 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
The Progressive 401(k) Plan $7.6B · 50,299
The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
Nationwide Savings Plan $6.7B · 24,278
Marathon Petroleum Thrift Plan $6.4B · 17,666

Compare Cardinal Health 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Cardinal Health 401(k) Savings Plan

Cardinal Health 401(k) Savings Plan reports $3.7B in end-of-year assets across 29,541 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.031% of 93,925,755 covered participants) - about $125,612 per participant (91% of the national average assets-per-participant) . Net income for plan year 2022 was -$849M.

This plan identity (EIN 310958666, plan #055) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $4.8B (+28.4%) while covered participants moved from 29,541 to 31,275 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	29,541	$3.7B	This page
2023	30,598	$4.3B	Open filing
2024 · index core	31,275	$4.8B	Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Cardinal Health 401(k) Savings Plan (401(k), $4.8B, 31,275 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cardinal Health 401(k) Savings Plan by total assets, not by location.

Deferred Profit-Sharing Plan for Salaried Employees (VA) $3.7B · 3,911
Deutsche Bank Matched Savings Plan (NY) $3.7B · 7,557
Laboratory Corporation of America Holdings 401(k) Savings Plan (NC) $3.7B · 46,162
Chubb US 401(k) Plan (PA) $3.7B · 14,977

Frequently Asked Questions

How did Cardinal Health 401(k) Savings Plan assets move in 2022? ▼

Cardinal Health 401(k) Savings Plan declined sharply - down 18.7% during 2022, from $4.6B to $3.7B. Reported net income was -$849M.

How have Cardinal Health, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Cardinal Health, Inc.'s sponsor-wide assets grew 28.5%, from $3.7B to $4.8B.

Where does Cardinal Health 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Cardinal Health 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Cardinal Health 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Deferred Profit-Sharing Plan for Salaried Employees in VA ($3.7B, 3,911 participants).

Next read for Cardinal Health 401(k) Savings Plan

Filing takeaways

Ways to act on Cardinal Health 401(k) Savings Plan's numbers.

By total assets, Cardinal Health 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Cardinal Health, Inc.'s sponsor-wide assets have grown 28.5% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 310958666.