401(k) · DOL Form 5500 · 2023

Baxter Healthcare Inc. 401(k) Plan

Data updated 2026-08-25

$4.3B
Total assets Very large vs avg
17,767
Participants Very large workforce
100th
Percentile by assets National rank
$239,421
Avg per participant Above avg balance/head
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Official DOL plan name: Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan · Sponsored by Baxter Healthcare Inc. · Illinois · Professional & Technical Services

$4.3B in assets, 17,767 participants

Baxter Healthcare Inc.'s Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reported $4.3B in total assets and 17,767 participants in its 2023 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.

  • #20,291 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan covers 17,767 participants in Illinois, 23x the typical Illinois plan (state average ~779 per filing). Assets: $4.3B.

#20,291
in Professional & Technical Services (20,321 peers)
+13.2%
assets growth YoY
43×
vs typical plan assets (national mean)

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan's outsized position 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 2023 · DOL Form 5500

$4,253,788,335 Highest reported value at or above every one 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 U.S. Retirement Savings Plan's mega-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 U.S. Retirement Savings Plan is a mega filing (17,767 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reported net income rose from -$509M in the plan year 2022 filing to $497M in the plan year 2023 filing.
  • Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reported participants rose from 12,263 in the plan year 2022 filing to 17,767 in the plan year 2023 filing.
  • Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan end-of-year assets rose from $3.8B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 360781620 · Baxter Healthcare Inc. PY 2023 · 401(k)

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan · $4.3B · 17,767 · 100th

  • NET $4.3B
  • NET 17,767
  • NET 100th
  • NET 401(k)
  • NET near Pg&e Corporation Retirement Savings Plan
  • NET ind #20291

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 U.S. Retirement Savings Plan in the asset neighbourhood

The Savings and Investment PlanThe Savings and Investment P…$4.3BMacys Inc 401(k) Retirement Investment PlanMacys Inc 401(k) Retirement …$4.3BBaxter International Inc. and Subsidiaries U.S. Retirement Savings PlanBaxter International Inc. an…$4.3BPg&e Corporation Retirement Savings PlanPg&e Corporation Retirement …$4.3BHalliburton Retirement and Savings PlanHalliburton Retirement and S…$4.2B
End-of-year total assets ($B) among Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3.8B
Net Assets (End of Year)$4.3B
Net Income$497M
Employer EIN360781620
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baxter Healthcare Inc.)

Sponsor-wide plan assets over time

All Baxter Healthcare 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 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 Scatter plot of 6 data points. 050000100000150000200000250000 05101520 Total assets ($B) Participants Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan, Total assets ($B): 4.253788335 · Participants: 17767Baxter International Inc. and Subsidiaries U.S. Retirement Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan side-by-side with 3 peers →

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

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reports $4.3B in end-of-year assets across 17,767 participants (0.035% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $239,421 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $497M.

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 Open filing
2023 17,767 $4.3B This page
2024 · index core 17,271 $4.6B Open filing

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

Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Pg&e Corporation Retirement Savings Plan in CA ($4.3B); by covered participants it is Alorica 401(k) Retirement Plan in CA (17,784 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (17,767 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 U.S. Retirement Savings Plan assets move in 2023? ▼
Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan grew at a solid clip - up 13.2% during 2023, from $3.8B to $4.3B. Reported net income was $497M.
How have Baxter Healthcare Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baxter Healthcare 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 127,072 plans that reported assets for plan year 2023 (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 Pg&e Corporation Retirement Savings Plan in CA ($4.3B, 9,525 participants).
Which 401(k) plans cover a similar participant headcount to Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alorica 401(k) Retirement Plan in CA (17,784 participants, $141M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

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