Plan Snapshot
- Plan Sponsor: Baxter Healthcare Of Puerto Rico LLC
- Sponsor EIN: 661048257
- Sponsor Address: 1 BAXTER PARKWAY, DEERFIELD, IL, 60015
- Plan Type: Health & Welfare
- Plan Number: 509
- Total Participants: 2,021
- Total Assets: $1.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,021 | $1.0M | $0 | $0 |
| 2024 | 1,954 | $1.8M | $10.4M | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MCS LIFE INSURANCE COMPANY | Other Service Provider | $534,833 | — | $534,833 |
| ALIGHT | Other Service Provider | $178,675 | — | $178,675 |
| CVS CAREMARK | Other Service Provider | $98,102 | — | $98,102 |
| D'LEADING BUSINESS SOLUTIONS | Recordkeeper | $56,656 | — | $56,656 |
| WILLIS TOWERS WATSON US LLC | Investment Advisor | $40,300 | — | $40,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $908,566
- Estimated Expense Ratio: 88.932% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $8,291,458 | — | $916,410 | — | — |
| 2024 | $922,785 | — | $922,785 | — | — |