Defined Benefit (Pension) · DOL Form 5500 · 2024
Baxter International Inc. Pension Plan
Data updated 2026-08-06
- $1.3B
- Total assets
- 1,722
- Participants
- 99th
- Percentile by assets
- $760,505
- Avg per participant
Official DOL plan name: Baxter International Inc. and Subsidiaries Pension Plan · Sponsored by Baxter International Inc. · Illinois · Professional & Technical Services
$1.3B in assets, 1,722 participants
Baxter International Inc.'s Baxter International Inc. and Subsidiaries Pension Plan reported $1.3B in total assets and 1,722 participants in its 2024 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 116,472 plans)
- #19,393 in Professional & Technical Services (19,542 peers)
Coverage in Illinois
Baxter International Inc. and Subsidiaries Pension Plan covers 1,722 participants in Illinois, 2.2x the typical Illinois plan (state average ~768 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2024 EOY)
- 1,722
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $760,505
- avg assets per participant
The plan reported a net loss of $71M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Baxter International Inc. and Subsidiaries Pension Plan reported net income fell from $93M in the plan year 2023 filing to -$71M in the plan year 2024 filing.
- Baxter International Inc. and Subsidiaries Pension Plan reported participants fell from 2,219 in the plan year 2023 filing to 1,722 in the plan year 2024 filing.
- Baxter International Inc. and Subsidiaries Pension Plan end-of-year assets fell from $1.4B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Baxter International Inc. and Subsidiaries Pension Plan reports 1,722 participants - 2.2x that state average ($1.3B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | -$71M |
| Employer EIN | 360781620 |
| Plan Effective Date | 1960-09-01 |
| Filing Status | FILING 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
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 $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- Exelon Corporation Retirement Program $6.1B · 8,898
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.
- Retirement Plan for Draper Employees (MA) $1.3B · 2,288
- International Union of Operating Engineers Local 4 Pension Fund (MA) $1.3B · 3,509
- Rocky Mountain Ufcw Unions and Employers Retail and Meat Pension Plan (CO) $1.3B · 38,340
- Relx Inc. US Retirement Plan (NY) $1.3B · 2,617
Frequently Asked Questions
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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