401(k) · DOL Form 5500 · 2023

Cardinal Financial Company, Limited Partnership 401(k) Plan

Data updated 2026-08-25

$97M
Total assets Below avg plan size
2,747
Participants Above avg headcount
91st
Percentile by assets National rank
$35,354
Avg per participant Low balance/head
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Official DOL plan name: Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan · Sponsored by Cardinal Financial Company, Limited Partnership · North Carolina · Finance & Insurance

$97M in assets, 2,747 participants

Cardinal Financial Company, Limited Partnership's Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported $97M in total assets and 2,747 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,648 in Finance & Insurance (8,869 peers)

Coverage in North Carolina

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan covers 2,747 participants in North Carolina, 3.4x the typical North Carolina plan (state average ~819 per filing). Assets: $97M.

#7,648
in Finance & Insurance (8,869 peers)
+10.5%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan's outsized position by total assets

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan vs every filed plan by assets

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

$97,117,946 Top 9% higher than 91% 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 Financial Company, Limited Partnership 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan lands in the large band (2,747 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported participants fell from 4,056 in the plan year 2022 filing to 2,747 in the plan year 2023 filing.
  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan end-of-year assets rose from $88M in the plan year 2022 filing to $97M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 232470039 · Cardinal Financial Company, Limited Partnership PY 2023 · 401(k)

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan · $97M · 2,747 · 91st

  • SCH $97M
  • EBSA 2,747
  • PART 91st
  • TYPE 401(k)
  • NET near Ashton Woods Homes Retirement Savings Plan
  • BOOK ind #7648

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan in the asset neighbourhood

Basis Educational Group Retirement PlanBasis Educational Group Reti…$97MKohn Pedersen Fox Associates, P. C. 401(k) Employee Savings and Profit Sharing PlanKohn Pedersen Fox Associates…$97MCardinal Financial Company, Limited Partnership 401(k) Retirement PlanCardinal Financial Company, …$97MAshton Woods Homes Retirement Savings PlanAshton Woods Homes Retiremen…$97MGoldberg Segalla Retirement Savings PlanGoldberg Segalla Retirement …$97M
End-of-year total assets ($M) among Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$97M
Net Income$9M
Employer EIN232470039
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cardinal Financial Company, Limited Partnership)

Sponsor-wide plan assets over time

All Cardinal Financial Company, Limited Partnership plans reported in each filing year

Latest sponsor-wide plan assets
$85M 3.7277293813777805% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $87.9M $84.6M ▼ -3.7%
Year Plans Participants Total Assets
2022 1 4,056 $88M
2023 1 2,747 $97M
2024 1 1,758 $85M

Nearby 401(k) Plans in North Carolina

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

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan, Total assets ($B): 0.097117946 · Participants: 2747Cardinal Financial Company, Limited Partnership 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ashton Woods Homes Retirement Savings Plan in GA ($97M); by covered participants it is Malibu Boats, Inc. 401(k) Plan in TN (2,748 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,747 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 Financial Company, Limited Partnership 401(k) Retirement Plan assets move in 2023?
Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan grew at a solid clip - up 10.5% during 2023, from $88M to $97M. Reported net income was $9M.
How have Cardinal Financial Company, Limited Partnership plan assets changed over time?
Across 3 plan years on file (2022-2024), Cardinal Financial Company, Limited Partnership's sponsor-wide assets declined 3.7%, from $88M to $85M.
Where does Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan rank by assets among Form 5500 filers?
Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Ashton Woods Homes Retirement Savings Plan in GA ($97M, 1,109 participants).
Which 401(k) plans cover a similar participant headcount to Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Malibu Boats, Inc. 401(k) Plan in TN (2,748 participants, $67M in assets).