Plan Ledger DOL Form 5500 · updated monthly

Baxter Healthcare S.A.401(k)

BAXTER HEALTHCARE OF PUERTO RICO RETIREMENT SAVINGS PLAN · DEERFIELD, IL · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Baxter Healthcare S.A. reported $642,546 in plan administrative expenses for 2022: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,854 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 722nd-largest of 3,702 plans among Illinois employers on file, and the 2,057th of 11,654 in professional & technical services. In 2022, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,253,267
Participants with balances2,804
Active participants2,272
Employer contributions$4,212,353
Employee contributions$6,570,260
Employer contribution per active participant$1,854
Average account balance$25,055
Benefits paid to participants$16,494,076
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Administrative expenses, itemized · 2022
Professional / advisory$642,546
Total administrative$642,546
The Baxter Healthcare S.A. 401(k) match · 2022
Employer contribution per active participant$1,854
Median for plans this size$3,449

Baxter Healthcare S.A.'s 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$642,546 · 0.82%
Same employer
Similar plansProfessional & Technical Services · Illinois
Heplerbroom, LLC IL$73.7M · 0.06%
Bswift LLC IL$73.0M · 0.27%
Warady & Davis, LLP IL$73.0M · 0.10%
Softchoice Corporation IL$68.3M · 0.25%
Numerator IL$67.9M · 0.25%
Bounteous, Inc. IL$67.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660678126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.