Defined Benefit (Pension) · DOL Form 5500 · 2023

Baxter International Inc. Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
2,219
Participants Above avg headcount
99th
Percentile by assets National rank
$621,360
Avg per participant High balance/head
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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.

  • #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.

#20,196
in Professional & Technical Services (20,321 peers)
+7.3%
assets growth YoY
14×
vs typical plan assets (national mean)

Baxter International Inc. and Subsidiaries Pension Plan's outsized position 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

This plan $0 $2,050,000,000 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 2023

Baxter International Inc. and Subsidiaries Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Baxter International Inc. and Subsidiaries Pension Plan lands in the large band (2,219 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Form 5500 schedule snapshot

Filing strip 360781620 · Baxter International Inc. PY 2023 · Defined Benefit (Pension)

Baxter International Inc. and Subsidiaries Pension Plan · $1.4B · 2,219 · 99th

  • VS-ST $1.4B
  • BOY 2,219
  • SCH 99th
  • EBSA Defined Benefit (Pension)
  • PART near Teamsters Joint Council No. 83 of Virginia Pension Fund
  • TYPE ind #20196

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Illinois →

Baxter International Inc. and Subsidiaries Pension Plan in the asset neighbourhood

Smithfield Foods Salaried Pension PlanSmithfield Foods Salaried Pe…$1.4BBaxter International Inc. and Subsidiaries Pension PlanBaxter International Inc. an…$1.4BTeamsters Joint Council No. 83 of Virginia Pension FundTeamsters Joint Council No. …$1.4BConocophillips Retirement PlanConocophillips Retirement Pl…$1.4BNyu Langone Hospitals Retirement PlanNyu Langone Hospitals Retire…$1.4B
End-of-year total assets ($B) among Baxter International Inc. and Subsidiaries Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

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

Sponsor Plan History (Baxter International Inc.)

Sponsor-wide plan assets over time

All Baxter International Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5.9B 16.83819786051473% vs 2022
2024 filing year
$4.5B$5B$5.5B$6B 202220232024 $5.04B $5.89B ▲ +16.9%
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 Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Baxter International Inc. and Subsidiaries Pension Plan, Total assets ($B): 1.378797654 · Participants: 2219Baxter International Inc. and Subsidiaries Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Baxter International Inc. and Subsidiaries Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Baxter International Inc. and Subsidiaries Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Teamsters Joint Council No. 83 of Virginia Pension Fund in VA ($1.4B); by covered participants it is Commonspirit Health ERISA Retirement Plan in TX (2,221 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Baxter International Inc. and Subsidiaries Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Commonspirit Health ERISA Retirement Plan in TX (2,221 participants, $68M in assets).