401(k) · DOL Form 5500 · 2023

Baxter Healthcare Inc. 401(k) Plan

Data updated 2026-08-06

$4.3B
Total assets
17,767
Participants
100th
Percentile by assets
$239,421
Avg per participant
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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.

  • 100th percentile by assets (of 126,618 plans)
  • #20,241 in Professional & Technical Services (20,271 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 ~768 per filing). Assets: $4.3B.

$4.3B
total plan assets (2023 EOY)
17,767
covered participants
100th
percentile by assets (of 126,618 plans)
$239,421
avg assets per participant

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 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan reports 17,767 participants - 23x that state average ($4.3B EOY assets).

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.)

$4.5B$5B$5.5B$6B 202220232024 $5.04B $5.89B â–² +16.9%
Total plan assets by year, all Baxter Healthcare 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…Accenture United Sta…State Farm 401(k) Sa…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 $4.3B in end-of-year assets across 17,767 participants (0.037% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.020% of 89,805,449 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:

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 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 126,618 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).

Next read for Baxter International Inc. and Subsidiari…

Filing takeaways

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