Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Baxter International Inc. and Subsidiaries Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Baxter International Inc. · Illinois · Professional & Technical Services

What the 2023 filing shows

Baxter International Inc. and Subsidiaries Pension Plan holds $1.4B for 2,219 participants — about $621,360 per participant, up 7.3% over the 2023 plan year.

$1.4B
total plan assets (2023 EOY)
2,219
covered participants
$621,360
avg assets per participant
+7.3%
assets growth YoY
Total Assets (2023)
$1.4B
Participants
2,219
State
Industry
Professional & Technical Services

What the Filing Says About Baxter International Inc. and Subsidiaries Pension Plan

Baxter International Inc. and Subsidiaries Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Baxter International Inc., headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $1.4B in total end-of-year assets and covers 2,219 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 360781620, and the plan has been effective since 1960-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.3B at the beginning of 2023 to $1.4B at year-end — a gain of 7.3%. Net assets (after liabilities) closed the year at $1.4B, with reported net income of $93M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.3B
Total Assets (End of Year)$1.4B
Net Assets (End of Year)$1.4B
Net Income$93M
Plan TypeDefined Benefit (Pension)
Employer EIN360781620
Plan Effective Date1960-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baxter International Inc.)

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

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Frequently Asked Questions

How much money is in the Baxter International Inc. and Subsidiaries Pension Plan?
As of the 2023 Form 5500 filing, Baxter International Inc. and Subsidiaries Pension Plan holds $1.4B in total assets with 2,219 participants. It is sponsored by Baxter International Inc..
What type of plan is Baxter International Inc. and Subsidiaries Pension Plan?
Baxter International Inc. and Subsidiaries Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1960-09-01. The plan is filed with the U.S. Department of Labor under EIN 360781620.
Who sponsors the Baxter International Inc. and Subsidiaries Pension Plan?
Baxter International Inc. and Subsidiaries Pension Plan is sponsored by Baxter International Inc., located in Illinois. The sponsor's EIN is 360781620 and the plan operates in the Professional & Technical Services industry.
How did Baxter International Inc. and Subsidiaries Pension Plan perform in 2023?
Baxter International Inc. and Subsidiaries Pension Plan grew by 7.3% during 2023, moving from $1.3B to $1.4B in total assets. Net income was $93M.
Where can I find official filings for Baxter International Inc. and Subsidiaries Pension Plan?
Official Form 5500 filings for Baxter International Inc. and Subsidiaries Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 360781620 or plan name at efast.dol.gov.
How does Baxter International Inc. and Subsidiaries Pension Plan compare to other plans?
You can compare Baxter International Inc. and Subsidiaries Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.