CARDINAL HEALTH 401(K) SAVINGS PLAN
Plan Contact
- Address: 7000 CARDINAL PLACE,DUBLIN,OH
- Contact person: CASEY FORDYCE
- Phone: (614) 757-5000
Plan General Information
CARDINAL HEALTH 401(K) SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of CARDINAL HEALTH 401(K) SAVINGS PLAN is $4,286,171,017.00.This plan was established in 1987.
CARDINAL HEALTH 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in CARDINAL HEALTH 401(K) SAVINGS PLAN is 43298
CARDINAL HEALTH 401(K) SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CARDINAL HEALTH 401(K) SAVINGS PLAN is $98,992.00
CARDINAL HEALTH 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for CARDINAL HEALTH 401(K) SAVINGS PLAN is $3,614.00.
CARDINAL HEALTH 401(K) SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in CARDINAL HEALTH 401(K) SAVINGS PLAN is approximately $1,743.00
Investing in this additonal $1,743.00 for 20 years would give you extra $111,599.00, assuming a 10% annual return.
Investing in this additonal $1,743.00 for 20 years would give you extra $111,599.00, assuming a 10% annual return.
CARDINAL HEALTH 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, CARDINAL HEALTH 401(K) SAVINGS PLAN allocates $75,500,734.00 to match its employees' contributions, providing an employer match rate of 47.74% of their contributions
CARDINAL HEALTH 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of CARDINAL HEALTH 401(K) SAVINGS PLAN is 15.51%.
CARDINAL HEALTH 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for CARDINAL HEALTH 401(K) SAVINGS PLAN is 19.63%. This measures the effectiveness of the plan participants' investments in the year.
CARDINAL HEALTH 401(K) SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of CARDINAL HEALTH 401(K) SAVINGS PLAN is 0.05%.
Enrollment Features
CARDINAL HEALTH 401(K) SAVINGS PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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