401(k) · DOL Form 5500 · 2024

Cardinal Health, Inc. 401(k) Plan

Data updated 2026-08-25

$4.8B
Total assets Very large vs avg
31,275
Participants Very large workforce
100th
Percentile by assets National rank
$152,343
Avg per participant Above avg balance/head
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Official DOL plan name: Cardinal Health 401(k) Savings Plan · Sponsored by Cardinal Health, Inc. · Ohio · Wholesale Trade

$4.8B in assets, 31,275 participants

Cardinal Health, Inc.'s Cardinal Health 401(k) Savings Plan reported $4.8B in total assets and 31,275 participants in its 2024 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.

  • #6,074 in Wholesale Trade (6,080 peers)

Coverage in Ohio

Cardinal Health 401(k) Savings Plan covers 31,275 participants in Ohio, 41x the typical Ohio plan (state average ~765 per filing). Assets: $4.8B.

#6,074
in Wholesale Trade (6,080 peers)
+11.2%
assets growth YoY
48×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$4,764,536,322 Highest reported value at or above every one of 123,620 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 2024

Cardinal Health 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 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 (31,275 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cardinal Health 401(k) Savings Plan reported net income fell from $574M in the plan year 2023 filing to $480M in the plan year 2024 filing.
  • Cardinal Health 401(k) Savings Plan end-of-year assets rose from $4.3B in the plan year 2023 filing to $4.8B in the plan year 2024 filing.
  • Cardinal Health 401(k) Savings Plan reported participants rose from 30,598 in the plan year 2023 filing to 31,275 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 310958666 · Cardinal Health, Inc. PY 2024 · 401(k)

Cardinal Health 401(k) Savings Plan · $4.8B · 31,275 · 100th

  • VS-ST $4.8B
  • VS-ST 31,275
  • VS-ST 100th
  • VS-ST 401(k)
  • VS-ST near Blackrock Retirement Savings Plan
  • VS-ST ind #6074

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

Bnsf Railway Company Non-Salaried Employees 401(k) Retirement PlanBnsf Railway Company Non-Sal…$4.8BChs/Community Health Systems, Inc. Retirement Savings PlanChs/Community Health Systems…$4.8BCardinal Health 401(k) Savings PlanCardinal Health 401(k) Savin…$4.8BBlackrock Retirement Savings PlanBlackrock Retirement Savings…$4.8BNvidia Corporation 401(k) PlanNvidia Corporation 401(k) Pl…$4.7B
End-of-year total assets ($B) among Cardinal Health 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$4.3B
Net Assets (End of Year)$4.8B
Net Income$480M
Employer EIN310958666
Plan Effective Date1987-03-25
Filing StatusFILING 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
$3.5B$4B$4.5B$5B 202220232024 $3.75B $4.82B ▲ +28.5%
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 Scatter plot of 6 data points. 050000100000150000 05101520 Total assets ($B) Participants Cardinal Health 401(k) Savings Plan, Total assets ($B): 4.764536322 · Participants: 31275Cardinal Health 401(k) Savings PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Cardinal Health 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Cardinal Health 401(k) Savings Plan

Cardinal Health 401(k) Savings Plan reports $4.8B in end-of-year assets across 31,275 participants (0.039% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.033% of 93,925,755 covered participants) - about $152,343 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2024 was $480M.

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 Open filing
2023 30,598 $4.3B Open filing
2024 · index core 31,275 $4.8B This page

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 Blackrock Retirement Savings Plan in NY ($4.8B); by covered participants it is Cross Country Healthcare, Inc. 401(k) Plan in FL (31,400 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31,275 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cardinal Health 401(k) Savings Plan assets move in 2024?
Cardinal Health 401(k) Savings Plan grew at a solid clip - up 11.2% during 2024, from $4.3B to $4.8B. Reported net income was $480M.
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 123,622 plans that reported assets for plan year 2024 (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 Blackrock Retirement Savings Plan in NY ($4.8B, 9,068 participants).
Which 401(k) plans cover a similar participant headcount to Cardinal Health 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Cross Country Healthcare, Inc. 401(k) Plan in FL (31,400 participants, $218M in assets).