Defined Benefit (Pension) · DOL Form 5500 · 2023

Glaxosmithkline LLC Pension Plan

Data updated 2026-08-25

$2.9B
Total assets Very large vs avg
8,441
Participants Very large workforce
100th
Percentile by assets National rank
$347,880
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Glaxosmithkline Cash Balance Pension Plan · Sponsored by Glaxosmithkline LLC · Pennsylvania · Manufacturing

$2.9B in assets, 8,441 participants

Glaxosmithkline LLC's Glaxosmithkline Cash Balance Pension Plan reported $2.9B in total assets and 8,441 participants in its 2023 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.

  • #18,550 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Glaxosmithkline Cash Balance Pension Plan covers 8,441 participants in Pennsylvania, 10x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.9B.

#18,550
in Manufacturing (18,722 peers)
+3.3%
assets growth YoY
29×
vs typical plan assets (national mean)

Glaxosmithkline Cash Balance Pension Plan's outsized position by total assets

Glaxosmithkline Cash Balance Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,936,458,095 Highest reported value at or above every one of 127,068 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 2023

Glaxosmithkline Cash Balance Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Glaxosmithkline Cash Balance Pension Plan lands in the large band (8,441 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Glaxosmithkline Cash Balance Pension Plan reported net income rose from -$589M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • Glaxosmithkline Cash Balance Pension Plan reported participants fell from 12,358 in the plan year 2022 filing to 8,441 in the plan year 2023 filing.
  • Glaxosmithkline Cash Balance Pension Plan end-of-year assets rose from $2.8B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 231099050 · Glaxosmithkline LLC PY 2023 · Defined Benefit (Pension)

Glaxosmithkline Cash Balance Pension Plan · $2.9B · 8,441 · 100th

  • EIN $2.9B
  • EIN 8,441
  • EIN 100th
  • EIN Defined Benefit (Pension)
  • EIN near Ufcw No. Califiornia Employers Joint Pension Plan
  • EIN ind #18550

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 →

Glaxosmithkline Cash Balance Pension Plan in the asset neighbourhood

Ernst & Young Partnership Defined Benefit Retirement PlanErnst & Young Partnership De…$3.0BUfcw No. Califiornia Employers Joint Pension PlanUfcw No. Califiornia Employe…$2.9BGlaxosmithkline Cash Balance Pension PlanGlaxosmithkline Cash Balance…$2.9BAftra Retirement Plan$2.9BFactory Mutual Insurance Company Pension PlanFactory Mutual Insurance Com…$2.9B
End-of-year total assets ($B) among Glaxosmithkline Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.8B
Net Assets (End of Year)$2.9B
Net Income$95M
Employer EIN231099050
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glaxosmithkline LLC)

Sponsor-wide plan assets over time

All Glaxosmithkline LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11.7B 19.237894618480063% vs 2022
2024 filing year
$9B$10B$11B$12B 202220232024 $9.81B $11.7B ▲ +19.2%
Year Plans Participants Total Assets
2022 2 26,885 $9.8B
2023 2 20,278 $11.0B
2024 2 20,205 $11.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Glaxosmithkline Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants Glaxosmithkline Cash Balance Pension Plan, Total assets ($B): 2.936458095 · Participants: 8441Glaxosmithkline Cash Balance Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Glaxosmithkline Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Glaxosmithkline Cash Balance Pension Plan side-by-side with 3 peers →

Scale composition for Glaxosmithkline Cash Balance Pension Plan

Glaxosmithkline Cash Balance Pension Plan reports $2.9B in end-of-year assets across 8,441 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $347,880 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2023 was $95M.

This plan identity (EIN 231099050, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $2.9B (+2.1%) while covered participants moved from 12,358 to 7,770 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,358 $2.8B Open filing
2023 8,441 $2.9B This page
2024 · index core 7,770 $2.9B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Glaxosmithkline Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Ufcw No. Califiornia Employers Joint Pension Plan in CA ($2.9B); by covered participants it is Retail Food Employers & Ufcw Local 711 Pension in UT (8,448 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (8,441 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Glaxosmithkline Cash Balance Pension Plan assets move in 2023? ▼
Glaxosmithkline Cash Balance Pension Plan edged up modestly - up 3.3% during 2023, from $2.8B to $2.9B. Reported net income was $95M.
How have Glaxosmithkline LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glaxosmithkline LLC's sponsor-wide assets grew 19.2%, from $9.8B to $11.7B.
Where does Glaxosmithkline Cash Balance Pension Plan rank by assets among Form 5500 filers? ▼
Glaxosmithkline Cash Balance Pension Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Glaxosmithkline Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw No. Califiornia Employers Joint Pension Plan in CA ($2.9B, 46,714 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Glaxosmithkline Cash Balance Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retail Food Employers & Ufcw Local 711 Pension in UT (8,448 participants, $355M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231099050.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.