401(k) · DOL Form 5500 · 2022

Baxter International Inc. 401(k) Plan

Data updated 2026-08-11

$3.8B
Total assets
12,263
Participants
100th
Percentile by assets
$306,384
Avg per participant
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Official DOL plan name: Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan · Sponsored by Baxter International Inc. · Illinois · Professional & Technical Services

$3.8B in assets, 12,263 participants

Baxter International Inc.'s Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reported $3.8B in total assets and 12,263 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 100th percentile by assets (of 139,126 plans)
  • #21,531 in Professional & Technical Services (21,562 peers)

Coverage in Illinois

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan covers 12,263 participants in Illinois, 16x the typical Illinois plan (state average ~779 per filing). Assets: $3.8B.

$3.8B
total plan assets (2022 EOY)
12,263
covered participants
100th
percentile by assets (of 139,126 plans)
$306,384
avg assets per participant

The plan reported a net loss of $509M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan sits by total assets

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,757,186,115 Top 1% higher than 100% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reports 12,263 participants - 16x that state average ($3.8B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$3.8B
Net Income-$509M
Employer EIN360781620
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baxter International Inc.)

$4.5B$5B$5.5B$6B 202220232024 $5.04B $5.89B ▲ +16.9%
Total plan assets by year, all Baxter International Inc. plans on file
Year Plans Participants Total Assets
2022 3 14,719 $5.0B
2023 2 19,986 $5.6B
2024 2 18,993 $5.9B

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 05101520 Total assets ($B) Participants Baxter International…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reports $3.8B in end-of-year assets across 12,263 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $306,384 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2022 was -$509M.

This plan identity (EIN 360781620, plan #023) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.8B to $4.6B (+22.0%) while covered participants moved from 12,263 to 17,271 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,263 $3.8B This page
2023 17,767 $4.3B Open filing
2024 · index core 17,271 $4.6B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan assets move in 2022?
Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan grew at a solid clip - up 13.4% during 2022, from $3.3B to $3.8B. Reported net income was -$509M.
How have Baxter International Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Baxter International Inc.'s sponsor-wide assets grew 16.8%, from $5.0B to $5.9B.
Where does Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan rank by assets among Form 5500 filers?
Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Bloomberg L.P. 401(k) Plan in NY ($3.8B, 12,457 participants).

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Filing takeaways

Ways to act on Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan's numbers.