CARDINAL OPERATING COMPANY 401(K) PLAN

Plan Contact

  • Address: 6677 BUSCH BLVD,COLUMBUS,OH
  • Contact person: WILLIAM A ROBERTS
  • Phone: (614) 846-5757

Plan General Information

CARDINAL OPERATING COMPANY 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CARDINAL OPERATING COMPANY 401(K) PLAN is $47,607,569.00.This plan was established in 2018.

CARDINAL OPERATING COMPANY 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CARDINAL OPERATING COMPANY 401(K) PLAN is 296

CARDINAL OPERATING COMPANY 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CARDINAL OPERATING COMPANY 401(K) PLAN is $160,836.00

CARDINAL OPERATING COMPANY 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CARDINAL OPERATING COMPANY 401(K) PLAN is $11,720.00.

CARDINAL OPERATING COMPANY 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CARDINAL OPERATING COMPANY 401(K) PLAN is approximately $12,233.00
Investing in this additonal $12,233.00 for 20 years would give you extra $782,928.00, assuming a 10% annual return.

CARDINAL OPERATING COMPANY 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, CARDINAL OPERATING COMPANY 401(K) PLAN allocates $3,621,043.00 to match its employees' contributions, providing an employer match rate of 102.47% of their contributions

CARDINAL OPERATING COMPANY 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CARDINAL OPERATING COMPANY 401(K) PLAN is 29.24%.

CARDINAL OPERATING COMPANY 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CARDINAL OPERATING COMPANY 401(K) PLAN is 18.82%. This measures the effectiveness of the plan participants' investments in the year.

CARDINAL OPERATING COMPANY 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CARDINAL OPERATING COMPANY 401(K) PLAN is 0.10%.

Enrollment Features

CARDINAL OPERATING COMPANY 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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