401(k) · DOL Form 5500 · 2022
Cardinal Health, Inc. 401(k) Plan
Data updated 2026-08-25
- $3.7B
- Total assets Very large vs avg
- 29,541
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $125,612
- Avg per participant Near avg balance/head
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.
- #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.
- #6,836
- in Wholesale Trade (6,843 peers)
- -18.7%
- assets change YoY
- 37×
- vs typical plan assets (national mean)
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.
Cardinal Health 401(k) Savings Plan's outsized position by total assets
Cardinal Health 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,710,702,275 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Cardinal Health 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cardinal Health 401(k) Savings Plan is a mega filing (29,541 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 310958666 · Cardinal Health, Inc. PY 2022 · 401(k)
Cardinal Health 401(k) Savings Plan · $3.7B · 29,541 · 100th
- PART $3.7B
- PART 29,541
- PART 100th
- PART 401(k)
- PART near Deferred Profit-Sharing Plan for Salaried Employees
- PART ind #6836
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Ohio →
Cardinal Health 401(k) Savings Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Cardinal Health, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.8B 28.524200908328684% vs 2022
- 2024 filing year
| 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.
- 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
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)
Cardinal Health 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Deferred Profit-Sharing Plan for Salaried Employees in VA ($3.7B); by covered participants it is The Mgm Resorts 401(k) Savings Plan in NV (29,398 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.7B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (29,541 participants); asset peers above are excluded.
- The Mgm Resorts 401(k) Savings Plan (NV) 29,398 · 143 off
- New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan (NY) 29,351 · 190 off
- Pilot Catastrophe Services, Inc. 401(k) Profit Sharing Plan (AL) 29,737 · 196 off
- Savings and Supplemental Retirement Plan of Novant Health, Inc. (NC) 29,747 · 206 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.