Profit Sharing · DOL Form 5500 · 2022

Glaxosmithkline Puerto Rico, Inc. Profit Sharing Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
789
Participants Near avg headcount
88th
Percentile by assets National rank
$66,221
Avg per participant Below avg balance/head
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Official DOL plan name: Gsk Puerto Rico 401(k) Plan · Sponsored by Glaxosmithkline Puerto Rico, Inc. · Pennsylvania · Manufacturing

$52M in assets, 789 participants

Glaxosmithkline Puerto Rico, Inc.'s Gsk Puerto Rico 401(k) Plan reported $52M in total assets and 789 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,051 in Manufacturing (20,602 peers)

Where Gsk Puerto Rico 401(k) Plan sits by assets

Gsk Puerto Rico 401(k) Plan sits in the top quartile of all filed plans by assets, $52M for 789 participants (~$66,221/participant), down 42.4% in 2022.

#17,051
in Manufacturing (20,602 peers)
-42.4%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gsk Puerto Rico 401(k) Plan's outsized position by total assets

Gsk Puerto Rico 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$52,248,006 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Gsk Puerto Rico 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gsk Puerto Rico 401(k) Plan sits mid-pack in the medium band (789 participants).

Published 5500 schedule card

Filing strip 660613421 · Glaxosmithkline Puerto Rico, Inc. PY 2022 · Profit Sharing

Gsk Puerto Rico 401(k) Plan · $52M · 789 · 88th

  • RANK $52M
  • PHOTO 789
  • IND 88th
  • EOY Profit Sharing
  • 5500 near Medical Card System Savings Plan
  • ASSETS ind #17051

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Gsk Puerto Rico 401(k) Plan in the asset neighbourhood

O'neill & Borges Employees Pension PlanO'neill & Borges Employees P…$52MIntermec Fssp Spinoff Plan$52MMedical Card System Savings PlanMedical Card System Savings …$52MGsk Puerto Rico 401(k) Plan$52MEversheds Sutherland (US) LLP Retirement Plan BEversheds Sutherland (US) LL…$52M
End-of-year total assets ($M) among Gsk Puerto Rico 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$51M
Net Income-$13M
Employer EIN660613421
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glaxosmithkline Puerto Rico, Inc.)

Sponsor-wide plan assets over time

All Glaxosmithkline Puerto Rico, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 9.259436618499853% vs 2022
2024 filing year
$50M$52M$54M$56M$58M 202220232024 $52.3M $57.1M ▲ +9.3%
Year Plans Participants Total Assets
2022 1 789 $52M
2023 1 18 $56M
2024 1 17 $57M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Gsk Puerto Rico 401(k) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Gsk Puerto Rico 401(k) Plan, Total assets ($B): 0.052248006 · Participants: 789Gsk Puerto Rico 401(k) PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Gsk Puerto Rico 401(k) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Gsk Puerto Rico 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Medical Card System Savings Plan in PR ($52M); by covered participants it is Scot Industries, Inc. Profit Sharing Trust in TX (789 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($52M here).

Similar participant headcount

Nearest other-state filings by covered participants (789 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gsk Puerto Rico 401(k) Plan assets move in 2022? ▼
Gsk Puerto Rico 401(k) Plan contracted severely - down 42.4% during 2022, from $91M to $52M. Reported net income was -$13M.
How have Glaxosmithkline Puerto Rico, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glaxosmithkline Puerto Rico, Inc.'s sponsor-wide assets grew 9.3%, from $52M to $57M.
Where does Gsk Puerto Rico 401(k) Plan rank by assets among Form 5500 filers? ▼
Gsk Puerto Rico 401(k) Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Gsk Puerto Rico 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Medical Card System Savings Plan in PR ($52M, 2,180 participants).
Which Profit Sharing plans cover a similar participant headcount to Gsk Puerto Rico 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Scot Industries, Inc. Profit Sharing Trust in TX (789 participants, $154M in assets).