# Cardinal Health, INC. 401(k) Plan
Source: https://planprovider.pro/companies/cardinal-health-inc-401k-plan-055

> Cardinal Health, INC.&#39;s 401(k) plan: 31,015 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Cardinal Health, INC.

- **Sponsor EIN:** 310958666

- **Sponsor Address:** 7000 CARDINAL PLACE, DUBLIN, OH, 43017

- **Plan Type:** 401(k)

- **Total Participants:** 31,015

- **Total Assets:** $4.8B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|31,015|$4.8B|$78.6M|$165.1M|

| 2023|31,337|$4.3B|$75.5M|$158.1M|

| 2022|30,698|$3.7B|$69.4M|$150.1M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR / RECORDKEEPER|$1,409,073|—|$1,409,073|

| GROOM LAW GROUP, CHARTERED|ATTORNEY|$273,564|—|$273,564|

| ERNST & YOUNG LLP|AUDITOR|$169,004|—|$169,004|

| NEPC, LLC|INVESTMENT ADVISOR|$150,000|—|$150,000|

| ARY ROEPCKE MULCHAEY, P.C.|ACCOUNTING|$122,010|—|$122,010|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GROOM LAW GROUP, CHARTERED](https://planprovider.pro/provider/groom-law-group) — ATTORNEY

- [ERNST & YOUNG LLP](https://planprovider.pro/provider/ernst-and-young-llp) — AUDITOR

- [NEPC, LLC](https://planprovider.pro/provider/milliman) — INVESTMENT ADVISOR

- [ARY ROEPCKE MULCHAEY, P.C.](https://planprovider.pro/provider/ary-roepcke-mulchaey-pc) — ACCOUNTING

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $2,123,651

- **Estimated Expense Ratio:** 0.045% of plan assets

### 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|$2,125,076|$150,000|$444,257|$169,004|—|

| 2023|$1,997,359|$170,000|$410,316|$117,353|—|

| 2022|$2,095,056|$170,000|$1,489,442|—|$435,614|

## Similar Plans

- [Cardinal Health, INC.](https://planprovider.pro/companies/cardinal-health-inc-401k-plan-062) — 650 participants

- [Meridian Bioscience, INC.](https://planprovider.pro/companies/meridian-bioscience-inc-401k-plan) — 520 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/cardinal-health-inc-401k-plan-055)

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