Plan Snapshot
- Plan Sponsor: Cardinal Financial Company, Limited Partnership
- Sponsor EIN: 232470039
- Sponsor Address: 3701 ARCO CORPORATE DRIVE, CHARLOTTE, NC, 282737204
- Plan Type: 401(k)
- Total Participants: 1,029
- Total Assets: $84.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,029 | $84.6M | $878,172 | $7.3M |
| 2023 | 1,753 | $97.1M | $2.0M | $11.5M |
| 2022 | 2,590 | $87.9M | $3.9M | $15.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RICHEY MAY & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RICHEY MAY & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $474,968 | $106,863 | $314,980 | — | — |
| 2023 | $450,456 | $23,839 | $399,742 | — | — |
| 2022 | $451,079 | $79,980 | $371,099 | — | — |