Plan Ledger DOL Form 5500 · updated monthly

Baxter Healthcare of Puerto Rico LLC401(k)

BAXTER HEALTHCARE OF PUERTO RICO RETIREMENT SAVINGS PLAN · DEERFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Baxter Healthcare of Puerto Rico LLC reported $522,808 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,045 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.56%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 551st-largest of 3,702 plans among Illinois employers on file, and the 1,468th of 11,654 in professional & technical services. In 2024, the employer put in $1.60 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$103,024,672
Participants with balances2,597
Active participants2,026
Employer contributions$10,220,341
Employee contributions$6,401,710
Employer contribution per active participant$5,045
Average account balance$39,671
Benefits paid to participants$7,443,101
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$103.0M · 2,597 accts · $10.2M emplr
2023$85.0M · 2,722 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,322
Investment management$42,842
Audit (IQPA)$45,908
Trustee / custodial$257,203
Total administrative$522,808
The Baxter Healthcare of Puerto Rico LLC 401(k) match · 2024
Employer contribution per active participant$5,045
Median for plans this size$3,635
2024$5,045 per active participant
2023$2,115 per active participant

Baxter Healthcare of Puerto Rico LLC's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
VOYA · Recordkeeping$92,798
BANCO POPULAR · Trustee (discretionary)$254,455
CROWE LLP · Accounting / audit$45,908
WINSTON & STRAWN · Legal$41,143
VANGUARD · Investment management$30,050
GOLDMAN SACHS STABLE VALUE · Investment management$6,792

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Voya
2023Voya

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Administrative cost history2
2024$522,808 · 0.56%
2023$445,073 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Illinois
Johnson & Bell, LTD. IL$109.9M · 0.15%
Iit Research Institute IL$107.6M · 0.01%
Farnsworth Group, Inc. IL$104.4M · 0.00%
Tempus Labs, Inc. IL$102.1M · 0.24%
Hh Associates US, Inc. IL$102.0M · 0.13%
Sentinel Technologies, Inc. IL$100.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 661048257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.