Plan Snapshot
- Plan Sponsor: Baxter International INC.
- Sponsor EIN: 360781620
- Sponsor Address: ONE BAXTER PARKWAY, DEERFIELD, IL, 600154625
- Plan Type: 401(k)
- Total Participants: 15,900
- Total Assets: $4.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 15,900 | $4.6B | $107.3M | $187.3M |
| 2023 | 17,269 | $4.3B | $133.0M | $155.0M |
| 2022 | 17,767 | $3.8B | $61.1M | $102.7M |
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 |
|---|---|---|---|---|
| VOYA | NONE | $1,137,899 | — | $1,137,899 |
| VANGUARD | NONE | $1,033,922 | — | $1,033,922 |
| THE NORTHERN TRUST COMPANY | NONE | $423,114 | — | $423,114 |
| GOLDMAN SACHS STABLE VALUE | NONE | $344,460 | — | $344,460 |
| WINSTON & STRAWN | NONE | $144,613 | — | $144,613 |
| PRUDENTIAL TRUST COMPANY | NONE | $121,595 | — | $121,595 |
| NORTHERN TRUST INVESTMENTS, INC. | NONE | $100,227 | — | $100,227 |
| WILLIS TOWERS WATSON | NONE | $98,066 | — | $98,066 |
| CROWE LLP | NONE | $64,888 | — | $64,888 |
| BAXTER INTERNATIONAL INC | 100% OWNED | $26,830 | — | $26,830 |
| CHARLES SCHWAB | NONE | $9,820 | — | $9,820 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS STABLE VALUE — NONE
- WINSTON & STRAWN — NONE
- CHARLES SCHWAB — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,505,434
- Estimated Expense Ratio: 0.076% 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 |
|---|---|---|---|---|---|
| 2024 | $3,685,983 | $1,708,090 | $26,830 | $64,888 | — |
| 2023 | $3,378,697 | $1,626,052 | $57,603 | $67,705 | — |
| 2022 | $3,172,701 | — | — | — | $3,172,701 |