401(k) · DOL Form 5500 · 2024

Cardinal Health, Inc. 401(k) Plan

Data updated 2026-07-24

$4.8B
Total assets: 31,275
Participants: 100th
Percentile by assets: $152,343
Avg per participant

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.

100th percentile by assets (of 116,472 plans)

Coverage in Ohio

Cardinal Health 401(k) Savings Plan covers 31,275 participants in Ohio, 40x the typical Ohio plan (state average ~787 per filing). Assets: $4.8B.

$4.8B
total plan assets (2024 EOY): 31,275
covered participants: 100th
percentile by assets (of 116,472 plans): $152,343
avg assets per participant

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 →

State

Ohio

Industry

Wholesale Trade

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Cardinal Health 401(k) Savings Plan reports 31,275 participants - 40x that state average ($4.8B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$4.3B
Net Assets (End of Year)	$4.8B
Net Income	$480M
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

GE Aerospace Retirement Savings Plan $14.7B · 45,620
The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
The Progressive 401(k) Plan $11.5B · 62,521
The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
Parker Retirement Savings Plan $9.0B · 26,315

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

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.

Blackrock Retirement Savings Plan (NY) $4.8B · 9,068
Chs/Community Health Systems, Inc. Retirement Savings Plan (TN) $4.8B · 59,441
Nvidia Corporation 401(k) Plan (CA) $4.7B · 14,652
Bnsf Railway Company Non-Salaried Employees 401(k) Retirement Plan (TX) $4.8B · 27,055

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 116,472 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).

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 2024.

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

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.