CARDINAL OPERATING COMPANY 401(K) PLAN

At the end of 2022, the total retirement plan assets of CARDINAL OPERATING COMPANY 401(K) PLAN is $36,837,249.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in CARDINAL OPERATING COMPANY 401(K) PLAN is 302

In 2022, the average participant retirement account value for CARDINAL OPERATING COMPANY 401(K) PLAN is $121,977

In 2022, the estimated average employee contribution amount per participant for CARDINAL OPERATING COMPANY 401(K) PLAN is $11,512

In 2022, the estimated average employer match for an employee in CARDINAL OPERATING COMPANY 401(K) PLAN is approximately $11,930

In 2022, CARDINAL OPERATING COMPANY 401(K) PLAN allocates $3,603,116 to match its employees’ contributions, providing an employer match rate of 102.78% of their contributions

In 2022, the total retirement plan asset growth rate of CARDINAL OPERATING COMPANY 401(K) PLAN is -5.26%

In 2022, the estimated aggregate retirement account investment gain/loss for CARDINAL OPERATING COMPANY 401(K) PLAN is -16.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CARDINAL OPERATING COMPANY 401(K) PLAN is 0.12%.

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.