401(k) · DOL Form 5500 · 2023

Cardinal Operating Company 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
270
Participants Below avg headcount
85th
Percentile by assets National rank
$176,324
Avg per participant Above avg balance/head
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Official DOL plan name: Cardinal Operating Company 401(k) Plan · Sponsored by Cardinal Operating Company · Ohio · Utilities

$48M in assets, 270 participants

Cardinal Operating Company's Cardinal Operating Company 401(k) Plan reported $48M in total assets and 270 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #370 in Utilities (721 peers)

Coverage in Ohio

Cardinal Operating Company 401(k) Plan covers 270 participants in Ohio, about 35% of the average Ohio filer (state average ~765 per filing). Assets: $48M.

#370
in Utilities (721 peers)
+29.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Cardinal Operating Company 401(k) Plan's outsized position by total assets

Cardinal Operating Company 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$47,607,569 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cardinal Operating Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cardinal Operating Company 401(k) Plan sits mid-pack in the medium band (270 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cardinal Operating Company 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Cardinal Operating Company 401(k) Plan end-of-year assets rose from $37M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Cardinal Operating Company 401(k) Plan reported participants fell from 277 in the plan year 2022 filing to 270 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341025410 · Cardinal Operating Company PY 2023 · 401(k)

Cardinal Operating Company 401(k) Plan · $48M · 270 · 85th

  • 5500 $48M
  • 5500 270
  • 5500 85th
  • 5500 401(k)
  • 5500 near Midwest Vision Partners 401(k) Plan
  • 5500 ind #370

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 Utilities retirement plans → · Plans in Ohio →

Cardinal Operating Company 401(k) Plan in the asset neighbourhood

Glen-Gery Corporation 401(k) PlanGlen-Gery Corporation 401(k)…$48MCardinal Operating Company 401(k) PlanCardinal Operating Company 4…$48MMidwest Vision Partners 401(k) PlanMidwest Vision Partners 401(…$48MThe Mayne Pharma Commercial LLC 401(k) PlanThe Mayne Pharma Commercial …$48MBeusa Energy 401(k) Plan$48M
End-of-year total assets ($M) among Cardinal Operating Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$48M
Net Income$11M
Employer EIN341025410
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cardinal Operating Company)

Sponsor-wide plan assets over time

All Cardinal Operating Company plans reported in each filing year

Latest sponsor-wide plan assets
$57M 53.98965867402313% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $36.8M $56.7M ▲ +54.0%
Year Plans Participants Total Assets
2022 1 277 $37M
2023 1 270 $48M
2024 1 262 $57M

Nearby 401(k) Plans in Ohio

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

Cardinal Operating Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Cardinal Operating Company 401(k) Plan, Total assets ($B): 0.047607569 · Participants: 270Cardinal Operating Company 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Cardinal Operating Company 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Cardinal Operating Company 401(k) Plan side-by-side with 3 peers →

Cardinal Operating Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Midwest Vision Partners 401(k) Plan in IL ($48M); by covered participants it is Revision Military 401(k) Retirement Plan in VT (270 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (270 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cardinal Operating Company 401(k) Plan assets move in 2023? ▼
Cardinal Operating Company 401(k) Plan grew sharply - up 29.2% during 2023, from $37M to $48M. Reported net income was $11M.
How have Cardinal Operating Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cardinal Operating Company's sponsor-wide assets grew 54.0%, from $37M to $57M.
Where does Cardinal Operating Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Cardinal Operating Company 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cardinal Operating Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midwest Vision Partners 401(k) Plan in IL ($48M, 1,322 participants).
Which 401(k) plans cover a similar participant headcount to Cardinal Operating Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Revision Military 401(k) Retirement Plan in VT (270 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341025410.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.