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Original filing (PDF)20251015171724NAL0002693955001

BAXTER INTERNATIONAL INC.

Form 5500
FILING_RECEIVED
BAXTER INTERNATIONAL INC. AND SUBSIDIARIES U.S. RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 2
No recordkeeper disclosed11 service providers
Active participants
15,900
Accounts w/ balance
29,124
Plan assets (EOY)
$4.6B
Net assets (EOY)
$4.6B
How this plan invests
This plan
17 pooled trusts
Schedule D
32 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 8 bps in Schedule C fees — 53% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BAXTER INTERNATIONAL INC..
Plan sponsor
Name
BAXTER INTERNATIONAL INC.
EIN
36-0781620
Address
ONE BAXTER PARKWAY · DEERFIELD, IL · 600154625
Phone
(224) 948-2000
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Name
ADMINISTRATIVE COMMITTEE OF BAXTER INTERNATIONAL INC.
EIN
36-2902398
City
DEERFIELD, IL
Phone
(847) 948-2000
Plan characteristics
Plan number
023
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2H · Partial participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2O · ESOP (non-leveraged)
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CROWE LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

11 rows
Other
11
NameEINLocationRelationDirect compIndirect comp
VOYA04-3516284NONE$1.1M
VANGUARD23-1945930NONE$1.0M
THE NORTHERN TRUST COMPANY36-1561860NONE$423K
GOLDMAN SACHS STABLE VALUE13-3575636NONE$344K
WINSTON & STRAWN36-1975990NONE$145K
PRUDENTIAL TRUST COMPANY23-6994310NONE$122K
NORTHERN TRUST INVESTMENTS, INC.45-6138589NONE$100K
WILLIS TOWERS WATSON23-1159360NONE$98K
CROWE LLP35-0921680NONE$65K
BAXTER INTERNATIONAL INC36-2604143100% OWNED$27K
CHARLES SCHWAB94-1737782NONE$10K

Investments

14 direct securities · 17 pooled funds· $4.5B(98% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Common Collective Trust
$3.8B
17 holdings
Uncategorized
$713.3M
14 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
NT COLLECTIVE S&P 500 INDEX FUND
NORTHERN TRUST INVESTMENTS, INC. · EIN 45-6138589 / PN 003
Common Collective Trust
$887.0M19.4%
VFTC TARGET RETIREMENT 2030 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6938065 / PN 001
Common Collective Trust
$391.3M8.5%
VFTC TARGET RETIREMENT 2035 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6941311 / PN 001
Common Collective Trust
$379.7M8.3%
VFTC TARGET RETIREMENT 2040 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6941351 / PN 001
Common Collective Trust
$306.6M6.7%
NT COL. EXTENDED EQ MKT INDEX FUND
NORTHERN TRUST INVESTMENTS, INC. · EIN 45-6138589 / PN 100
Common Collective Trust
$275.3M6.0%
VFTC TARGET RETIREMENT 2025 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6938034 / PN 001
Common Collective Trust
$273.9M6.0%
VFTC TARGET RETIREMENT 2045 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6944355 / PN 001
Common Collective Trust
$250.4M5.5%
VFTC TARGET RETIREMENT 2050 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6944390 / PN 001
Common Collective Trust
$214.9M4.7%
Self-managed Fund —$203.3M4.4%
VFTC TARGET RET INCOME TRUST SELECT
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6930815 / PN 001
Common Collective Trust
$195.0M4.3%
NT COL. EAFE INDEX FUND-NON-LENDING
NORTHERN TRUST INVESTMENTS, INC. · EIN 45-6138589 / PN 024
Common Collective Trust
$171.1M3.7%
VFTC TARGET RETIREMENT 2020 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6935530 / PN 001
Common Collective Trust
$119.5M2.6%
VFTC TARGET RETIREMENT 2055 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6948719 / PN 001
Common Collective Trust
$117.0M2.6%
Loomis Intermediate Gov/Credit Fund —$103.4M2.3%
PRUDENTIAL CORE PLUS BOND FUND
PRUDENTIAL TRUST COMPANY · EIN 23-6994310 / PN 165
Common Collective Trust
$102.3M2.2%
Wellington Intermediate Core Portfolio —$93.9M2.0%
Goldman Sachs Asset Management Intermediate Core * Fund —$89.3M1.9%
NT COL. EMERGING MARKETS INDEX FUND
NORTHERN TRUST INVESTMENTS, INC. · EIN 45-6138589 / PN 101
Common Collective Trust
$56.1M1.2%
Participant Loans through 2034 —$51.0M1.1%
Goldman Sachs Asset Management Term Fund 2027 —$36.1M0.8%
Goldman Sachs Asset Management Term Fund 2028 —$36.0M0.8%
Goldman Sachs Asset Management Term Fund 2025 —$36.0M0.8%
Adjustment to Contract Value$32.4M0.7%
VFTC TARGET RETIREMENT 2060 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 47-6948754 / PN 001
Common Collective Trust
$24.3M0.5%
Cash & Cash Equivalents —$14.9M0.3%
Northern Trust Short-term Investment Fund —$10.1M0.2%
VFTC TARGET RETIREMENT 2065 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6200492 / PN 001
Common Collective Trust
$6.8M0.1%
VFTC TARGET RETIREMENT 2070 TRUST S
VANGUARD FIDUCIARY TRUST COMPANY · EIN 88-6098744 / PN 001
Common Collective Trust
$5.2M0.1%
Northern Trust Short-term Investment Fund —$4.6M0.1%
Goldman Sachs Asset Management Term Fund 2024 —$2.1M<0.1%
Northern Trust Short-term Investment Fund —$214K<0.1%