Defined Benefit (Pension) · DOL Form 5500 · 2023

Baxter International Inc. Pension Plan

Data updated 2026-08-11

$1.4B
Total assets: 2,219
Participants: 99th
Percentile by assets: $621,360
Avg per participant

Official DOL plan name: Baxter International Inc. and Subsidiaries Pension Plan · Sponsored by Baxter International Inc. · Illinois · Professional & Technical Services

$1.4B in assets, 2,219 participants

Baxter International Inc.'s Baxter International Inc. and Subsidiaries Pension Plan reported $1.4B in total assets and 2,219 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 127,072 plans)
#20,196 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Baxter International Inc. and Subsidiaries Pension Plan covers 2,219 participants in Illinois, 2.8x the typical Illinois plan (state average ~779 per filing). Assets: $1.4B.

$1.4B
total plan assets (2023 EOY): 2,219
covered participants: 99th
percentile by assets (of 127,072 plans): $621,360
avg assets per participant

Where Baxter International Inc. and Subsidiaries Pension Plan sits by total assets

Baxter International Inc. and Subsidiaries Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,378,797,654 Top 1% higher than 99% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Baxter International Inc. and Subsidiaries Pension Plan reported participants rose from 26 in the plan year 2022 filing to 2,219 in the plan year 2023 filing.
Baxter International Inc. and Subsidiaries Pension Plan reported net income rose from -$245M in the plan year 2022 filing to $93M in the plan year 2023 filing.
Baxter International Inc. and Subsidiaries Pension Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Professional & Technical Services

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Baxter International Inc. and Subsidiaries Pension Plan reports 2,219 participants - 2.8x that state average ($1.4B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$1.3B
Net Assets (End of Year)	$1.4B
Net Income	$93M
Employer EIN	360781620
Plan Effective Date	1960-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Baxter International Inc.)

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 Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Baxter International Inc. and Subsidiaries Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Baxter International Inc. and Subsidiari… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Baxter International Inc. and Subsidiaries Pension Plan by total assets, not by location.

Teamsters Joint Council No. 83 of Virginia Pension Fund (VA) $1.4B · 3,126
Conocophillips Retirement Plan (TX) $1.4B · 3,898
Nyu Langone Hospitals Retirement Plan (NY) $1.4B · 2,991
Smithfield Foods Salaried Pension Plan (VA) $1.4B · 9,484

Frequently Asked Questions

How did Baxter International Inc. and Subsidiaries Pension Plan assets move in 2023? ▼

Baxter International Inc. and Subsidiaries Pension Plan grew at a solid clip - up 7.3% during 2023, from $1.3B to $1.4B. Reported net income was $93M.

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 Pension Plan rank by assets among Form 5500 filers? ▼

Baxter International Inc. and Subsidiaries Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Baxter International Inc. and Subsidiaries Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Joint Council No. 83 of Virginia Pension Fund in VA ($1.4B, 3,126 participants).

Next read for Baxter International Inc. and Subsidiari…

Filing takeaways

Ways to act on Baxter International Inc. and Subsidiaries Pension Plan's numbers.

By total assets, Baxter International Inc. and Subsidiaries Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Baxter International Inc.'s sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Professional & Technical Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 360781620.