Baxter International 401(k) match, vesting and fees

Plan year 2024 filingBaxter International Inc. and Subsidiaries U.S. Retirement Savings Plan · Plan 023 · EIN 36-0781620Updated Oct 2026

What Baxter International's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $107M in employer contributions, about $3,684 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$157,302
Average account balance
29,847
Participants (end of year)
$4.6B
Plan assets (end of year)
0.08%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperVoyaSchedule C ↗
Independent auditorCrowe LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 94 defined-contribution plans in professional, scientific, and technical services with 10,000 to 49,999 participants.

Baxter International: employer contribution per participant$3,684
Peer median$2,636
Baxter International: average balance$157,302
Peer median$138,100
Baxter International: admin expenses ÷ assets0.08%
Peer median0.05%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $4.3B at the end of plan year 2023 to $4.6B at the end of plan year 2024.

$4.3B2023$4.6B2024
End-of-year figures from each plan year's Form 5500 filing for the Baxter International plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202429,847$4.6B$107M$3,6840.08%Not publishedForm 5500 ↗
202330,020$4.3B$133M$4,5510.08%Not publishedForm 5500 ↗

Other Baxter International plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Baxter International Inc. and Subsidiaries Pension Plan

Plan 003 · EIN 36-0781620 · plan year 2024 filing
$149,121
Average account balance
8,771
Participants (end of year)
$1.3B
Plan assets (end of year)
0.71%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAlight SolutionsSchedule C ↗
Independent auditorCrowe LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does Baxter International match 401(k) contributions?

The match terms for the Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $107M in employer contributions, about $3,684 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Baxter International 401(k) match vested?

The vesting schedule for the Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Baxter International 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya. The plan administrator is Administrative Committee of Baxter International Inc..

I left Baxter International. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Administrative Committee of Baxter International Inc., (847) 948-2000) or the recordkeeper, Voya. The Baxter International old 401(k) page lists the contacts from every plan filing. Find an old Baxter International 401(k)

Data from the public Form 5500 annual reports Baxter International filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Baxter International. Not financial advice. Report a correction · Methodology