Employers › Baxter International
Recordkeeping fees per participant · Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan · plan year 2024
$39.07
Higher than 61% of the 790 plans over $1B that report it.
= $1,137,899 / 29,124
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015171724NAL0002693955001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015171724NAL0002693955001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$67.91
Higher than 79% of the 1,045 plans over $1B that report it.
= $1,977,893 / 29,124
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015171724NAL0002693955001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015171724NAL0002693955001, received 2025-10-15
Administrative expenses per participant
$126.56
Higher than 81% of the 1,076 plans over $1B that report it.
= $3,685,983 / 29,124
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015171724NAL0002693955001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015171724NAL0002693955001, received 2025-10-15
Administrative expenses as a share of assets
0.080%
Higher than 79% of the 1,076 plans over $1B that report it.
= $3,685,983 / $4,582,271,276
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015171724NAL0002693955001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015171724NAL0002693955001, received 2025-10-15
Employer contributions per participant
$3,684
Higher than 49% of the 1,135 plans over $1B that report it.
= $107,303,822 / 29,124
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015171724NAL0002693955001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015171724NAL0002693955001, received 2025-10-15
Employer share of total contributions
36.4%
Higher than 62% of the 1,135 plans over $1B that report it.
= $107,303,822 / $294,577,357
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015171724NAL0002693955001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015171724NAL0002693955001, received 2025-10-15
Plan terms are described in Baxter International Inc.'s SEC filings: Form 11-K filed 2020-06-29 and Form 10-K filed 2026-02-12. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015171724NAL0002693955001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BAXTER INTERNATIONAL INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Plan name | BAXTER INTERNATIONAL INC. AND SUBSIDIARIES U.S. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Sponsor EIN / plan number | 36-0781620 / 023 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Sponsor location | DEERFIELD, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Participants, beginning of year | 30,022 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Active participants | 15,900 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Participants, end of year | 29,847 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Participants with an account balance | 29,124 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total assets, beginning of year | $4,253,788,335 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total assets, end of year | $4,582,271,276 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Net assets, end of year | $4,581,269,888 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total income | $819,033,309 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Net income | $328,178,152 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Employer contributions | $107,303,822 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Participant contributions | $187,273,535 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total contributions | $294,577,357 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Benefit payments | $481,368,666 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $490,855,157 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Total administrative expenses | $3,685,983 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Contract administrator fees | $26,830 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Recordkeeping fees | $1,137,899 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| IQPA audit fees | $64,888 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Investment advisory and management fees | $1,708,090 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Administrative expenses excluding investment management | $1,977,893 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Held in common/collective trusts | $3,776,347,723 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015171724NAL0002693955001, received 2025-10-15 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015171724NAL0002693955001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015171724NAL0002693955001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYArecordkeeper | NONE | 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 64 Recordkeeping fees | $1,137,899 | no |
| VANGUARD | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $1,033,922 | yes |
| THE NORTHERN TRUST COMPANY | NONE | 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 50 Direct payment from the plan | $423,114 | no |
| GOLDMAN SACHS STABLE VALUE | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $344,460 | no |
| WINSTON & STRAWN | NONE | 29 Legal; 50 Direct payment from the plan | $144,613 | no |
| PRUDENTIAL TRUST COMPANY | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $121,595 | no |
| NORTHERN TRUST INVESTMENTS, INC. | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $100,227 | yes |
| WILLIS TOWERS WATSON | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $98,066 | no |
| CROWE LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $64,888 | no |
| BAXTER INTERNATIONAL INC | 100% OWNED | 14 Plan administrator; 50 Direct payment from the plan | $26,830 | no |
| CHARLES SCHWAB | NONE | 28 Investment management; 33 Securities brokerage; 51 Investment management fees paid directly by plan | $9,820 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015171724NAL0002693955001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,253,788,335 | $4,582,271,276 | 7.7% |
| Participants with a balance | 29,238 | 29,124 | -0.4% |
| Administrative expenses | $3,378,697 | $3,685,983 | 9.1% |
| Recordkeeping fees per participant | $35.67 | $39.07 | 9.5% |
| Employer contributions | $133,049,485 | $107,303,822 | -19.4% |
Prior filing 20250611091654NAL0013838019001, received 2025-06-11; the plan years are contiguous.
Sponsor name as filed: BAXTER INTERNATIONAL INC.; SEC registrant: BAXTER INTERNATIONAL INC (CIK 10456, matched by EIN; display name from the Form 10-K cover).