Profit Sharing · DOL Form 5500 · 2022

Glaxosmithkline Puerto Rico, Inc. Profit Sharing Plan

Data updated 2026-08-11

$52M
Total assets
789
Participants
88th
Percentile by assets
$66,221
Avg per participant
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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.

  • 88th percentile by assets (of 139,126 plans)
  • #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.

$52M
total plan assets (2022 EOY)
789
covered participants
88th
percentile by assets (of 139,126 plans)
$66,221
avg assets per participant

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.

State
Industry

Gsk Puerto Rico 401(k) Plan vs the 2022 asset distribution

By assets, Gsk Puerto Rico 401(k) Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

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.)

$50M$52M$54M$56M$58M 202220232024 $52.3M $57.1M ▲ +9.3%
Total plan assets by year, all Glaxosmithkline Puerto Rico, Inc. plans on file
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

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(…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Gsk Puerto Rico 401(k) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Gsk Puerto Rico 401(k) Plan by total assets, not by location.

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).

Scale reading

Ways to act on Gsk Puerto Rico 401(k) Plan's numbers.

  • By total assets, Gsk Puerto Rico 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Glaxosmithkline Puerto Rico, Inc.'s sponsor-wide assets have grown 9.3% since 2022 across 3 plan years on file. More Manufacturing plans