Profit Sharing · DOL Form 5500 · 2023
Glaxosmithkline Puerto Rico, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $56M
- Total assets
- 18
- Participants
- 87th
- Percentile by assets
- $3.1M
- Avg per participant
Official DOL plan name: Gsk Puerto Rico 401(k) Plan · Sponsored by Glaxosmithkline Puerto Rico, Inc. · Pennsylvania · Manufacturing
$56M in assets, 18 participants
Glaxosmithkline Puerto Rico, Inc.'s Gsk Puerto Rico 401(k) Plan reported $56M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 127,072 plans)
- #15,067 in Manufacturing (18,722 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, $56M for 18 participants (~$3.1M/participant), up 6.3% in 2023.
- $56M
- total plan assets (2023 EOY)
- 18
- covered participants
- 87th
- percentile by assets (of 127,072 plans)
- $3.1M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gsk Puerto Rico 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Gsk Puerto Rico 401(k) Plan reported participants fell from 789 in the plan year 2022 filing to 18 in the plan year 2023 filing.
- Gsk Puerto Rico 401(k) Plan end-of-year assets rose from $52M in the plan year 2022 filing to $56M in the plan year 2023 filing.
Gsk Puerto Rico 401(k) Plan vs the 2023 asset distribution
By assets, Gsk Puerto Rico 401(k) Plan outranks 87% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $4M |
| Employer EIN | 660613421 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Glaxosmithkline Puerto Rico, Inc.)
| 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
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
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.
- Hawaiiusa Fcu Retirement Plan (HI) $56M · 386
- Schnuck Markets, Inc. Profit Sharing Plan (MO) $55M · 755
- Sensience Retirement and Savings Plan (OH) $55M · 239
- Operative Plasterers Local No. 7 Pension Fund (OH) $55M · 390
Frequently Asked Questions
How did Gsk Puerto Rico 401(k) Plan assets move in 2023? ▼
How have Glaxosmithkline Puerto Rico, Inc. plan assets changed over time? ▼
Where does Gsk Puerto Rico 401(k) Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Gsk Puerto Rico 401(k) Plan? ▼
Next read for Gsk Puerto Rico 401(k) Plan
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