401(k) · DOL Form 5500 · 2022
Glaxosmithkline LLC 401(k) Plan
Data updated 2026-08-11
- $7.0B
- Total assets
- 14,527
- Participants
- 100th
- Percentile by assets
- $479,363
- Avg per participant
Official DOL plan name: Gsk 401(k) Plan · Sponsored by Glaxosmithkline LLC · Pennsylvania · Manufacturing
$7.0B in assets, 14,527 participants
Glaxosmithkline LLC's Gsk 401(k) Plan reported $7.0B in total assets and 14,527 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,126 plans)
- #20,535 in Manufacturing (20,602 peers)
Coverage in Pennsylvania
Gsk 401(k) Plan covers 14,527 participants in Pennsylvania, 18x the typical Pennsylvania plan (state average ~822 per filing). Assets: $7.0B.
- $7.0B
- total plan assets (2022 EOY)
- 14,527
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $479,363
- avg assets per participant
The plan reported a net loss of $1.6B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Gsk 401(k) Plan reports 14,527 participants - 18x that state average ($7.0B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $9.1B |
|---|---|
| Net Assets (End of Year) | $7.0B |
| Net Income | -$1.6B |
| Employer EIN | 231099050 |
| Plan Effective Date | 1966-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Glaxosmithkline LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 26,885 | $9.8B |
| 2023 | 2 | 20,278 | $11.0B |
| 2024 | 2 | 20,205 | $11.7B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Gsk 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Scale composition for Gsk 401(k) Plan
Gsk 401(k) Plan reports $7.0B in end-of-year assets across 14,527 participants (0.057% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $479,363 per participant (3.5x the national average assets-per-participant) . Net income for plan year 2022 was -$1.6B.
This plan identity (EIN 231099050, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.0B to $8.8B (+26.3%) while covered participants moved from 14,527 to 12,435 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,527 | $7.0B | This page |
| 2023 | 11,837 | $8.1B | Open filing |
| 2024 · index core | 12,435 | $8.8B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Gsk 401(k) Plan (401(k), $8.8B, 12,435 participants)
- Glaxosmithkline Cash Balance Pension Plan (Defined Benefit (Pension), $2.9B, 7,770 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gsk 401(k) Plan by total assets, not by location.
- The Permanente Medical Group, Inc. Salary Deferral Plan (CA) $7.0B · 19,110
- Bp Employee Savings Plan (TX) $6.9B · 8,831
- Nucor Corporation Profit Sharing and Retirement Savings Plan (NC) $6.9B · 21,030
- Metlife 401(k) Plan (NJ) $7.0B · 13,762
Frequently Asked Questions
How did Gsk 401(k) Plan assets move in 2022? ▼
How have Glaxosmithkline LLC plan assets changed over time? ▼
Where does Gsk 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Gsk 401(k) Plan? ▼
Next read for Gsk 401(k) Plan
Filing takeaways
Ways to act on Gsk 401(k) Plan's numbers.
- By total assets, Gsk 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Glaxosmithkline LLC's sponsor-wide assets have grown 19.2% since 2022 across 3 plan years on file. More Manufacturing plans