401(k) · DOL Form 5500 · 2024

Cardinal Financial Company, Limited Partnership 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
1,758
Participants Near avg headcount
89th
Percentile by assets National rank
$48,125
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

$85M in assets, 1,758 participants

Cardinal Financial Company, Limited Partnership's Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported $85M in total assets and 1,758 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,119 in Finance & Insurance (8,549 peers)

Coverage in North Carolina

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan covers 1,758 participants in North Carolina, 2.1x the typical North Carolina plan (state average ~819 per filing). Assets: $85M.

#7,119
in Finance & Insurance (8,549 peers)
-12.9%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$84,603,230 Top 11% higher than 89% 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 Financial Company, Limited Partnership 401(k) Retirement Plan's large-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 Financial Company, Limited Partnership 401(k) Retirement Plan lands in the large band (1,758 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported net income fell from $9M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan reported participants fell from 2,747 in the plan year 2023 filing to 1,758 in the plan year 2024 filing.
  • Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan end-of-year assets fell from $97M in the plan year 2023 filing to $85M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 232470039 · Cardinal Financial Company, Limited Partnership PY 2024 · 401(k)

Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan · $85M · 1,758 · 89th

  • TYPE $85M
  • NET 1,758
  • BOOK 89th
  • VS-ST 401(k)
  • BOY near Keller and Heckman LLP Employees 401(k) Profit Sharing Plan
  • SCH ind #7119

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

Urban One, Inc. Employee Retirement PlanUrban One, Inc. Employee Ret…$85MCardinal Financial Company, Limited Partnership 401(k) Retirement PlanCardinal Financial Company, …$85MKeller and Heckman LLP Employees 401(k) Profit Sharing PlanKeller and Heckman LLP Emplo…$85MFirst Foundation Inc. Retirement PlanFirst Foundation Inc. Retire…$85MRepublic Title of Texas, Inc. 401(k) Savings PlanRepublic Title of Texas, Inc…$85M
End-of-year total assets ($M) among Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$97M
Net Assets (End of Year)$85M
Net Income-$13M
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 -20020406080 Total assets ($B) Participants Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan, Total assets ($B): 0.08460323 · Participants: 1758Cardinal Financial Company, Limited Partnership 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) 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 Keller and Heckman LLP Employees 401(k) Profit Sharing Plan in DC ($85M); by covered participants it is Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM (1,758 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,758 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 Financial Company, Limited Partnership 401(k) Retirement Plan assets move in 2024?
Cardinal Financial Company, Limited Partnership 401(k) Retirement Plan pulled back noticeably - down 12.9% during 2024, from $97M to $85M. Reported net income was -$13M.
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 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile 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 Keller and Heckman LLP Employees 401(k) Profit Sharing Plan in DC ($85M, 120 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 Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM (1,758 participants, $10M in assets).