Form 5500 · Schedule H line 2i(12) · form year 2024

Cardinal Health, INC.

CARDINAL HEALTH 401(K) SAVINGS PLAN · EIN 310958666 · plan number 055
$66.02
Administrative expenses paid from plan assets, per participant, as the sponsor reported, for form year 2024. The denominator is 32,188 participants with account balances.
This is line 2i(12) of Schedule H only. It excludes fees netted inside fund expense ratios and fees the employer pays directly, which are not in that line and are therefore not in this figure.
Among plans of its size — 10,000–49,999 participants with account balances, 825 plans in that band across the whole dataset — this plan's reported figure is between the median and the 75th percentile.
p10 $29.74p50 $64.32p90 $139.42

Percentiles are computed over all 52,836 qualifying plans in the form year 2024 dataset, not over the plans published here.

What the filing breaks out, and what it does not

Schedule H lineAs filed
Contract administrator fees$444,257
Investment management fees$150,000
Other administrative expenses$123,435
Not broken out into any of the lines above$1,407,384
Total administrative expenses (line 2i(12))$2,125,076

A blank line above means the sponsor did not report a figure for it, which is not the same as reporting zero. Where the named lines add up to less than the total, the difference is shown rather than left for the reader to work out.

The rest of what this filing reports

Participants with account balances32,188
Net plan assets, end of year$4,764,316,473
Employer contributions$78,591,039
Participant contributions$165,082,090
Late participant contributions remittednot reported
Named as a recordkeeper on Schedule CPRINCIPAL LIFE INSURANCE COMPANY

The recordkeeper name is the free-text string the filer typed on Schedule C, reproduced verbatim and not normalised to any company's canonical name.

Check this against the filing

Every figure above was read from Cardinal Health, INC.’s own Form 5500 for form year 2024, EFAST2 acknowledgement ID 20250730154837NAL0010840498001, located 2026-08-30.

Open the filing (PDF)

The line itself is on the 2024 Schedule H form at line 2i(12), Total administrative expenses. If our number and the document disagree, the document is right and we want to know.

Plans of a similar size

Same size band, nearest reported figures. Size bands are the point: a plan with a few hundred people and one with a few hundred thousand are not comparable, and putting them side by side would imply they were.

National Railroad Passenger Corporation
$66.04 per participant
17,285 with balances
Board Of Trustees, Eighth District Electrical Pension
$65.94 per participant
23,721 with balances
Martin Marietta Materials, INC.
$65.93 per participant
10,594 with balances
Anheuser-Busch Companies, LLC
$65.86 per participant
20,725 with balances
Board Of Trustees, Entertainment Industry 401(K) Plan
$65.85 per participant
29,282 with balances
Rentokil North America, INC.
$65.75 per participant
28,305 with balances

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