Plan Snapshot
- Plan Sponsor: Cardinal Health, INC.
- Sponsor EIN: 310958666
- Sponsor Address: 7000 CARDINAL PLACE, DUBLIN, OH, 43017
- Plan Type: 401(k)
- Plan Number: 062
- Total Participants: 823
- Total Assets: $63.9M
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. |
|---|---|---|---|---|
| 2025 | 823 | $63.9M | $0 | $0 |
| 2024 | 650 | $51.9M | $1.2M | $2.2M |
| 2023 | 646 | $46.1M | $1.2M | $2.2M |
| 2022 | 651 | $36.8M | $1.1M | $2.1M |
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 | Recordkeeper | $40,837 | — | $40,837 |
| ARY ROEPCKE MULCHAEY, P.C. | Other Service Provider | $5,700 | — | $5,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,537
- Estimated Expense Ratio: 0.073% 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 |
|---|---|---|---|---|---|
| 2025 | $2,598,980 | — | $19,682 | — | — |
| 2024 | $41,026 | — | $7,840 | — | — |
| 2023 | $56,216 | — | $6,887 | — | — |
| 2022 | $54,438 | — | $37,673 | — | $16,765 |