401(k) · DOL Form 5500 · 2024
Glaxosmithkline LLC 401(k) Plan
Data updated 2026-08-25
- $8.8B
- Total assets Very large vs avg
- 12,435
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $707,036
- Avg per participant High balance/head
Official DOL plan name: Gsk 401(k) Plan · Sponsored by Glaxosmithkline LLC · Pennsylvania · Manufacturing
$8.8B in assets, 12,435 participants
Glaxosmithkline LLC's Gsk 401(k) Plan reported $8.8B in total assets and 12,435 participants in its 2024 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.
- #17,709 in Manufacturing (17,777 peers)
Coverage in Pennsylvania
Gsk 401(k) Plan covers 12,435 participants in Pennsylvania, 15x the typical Pennsylvania plan (state average ~822 per filing). Assets: $8.8B.
- #17,709
- in Manufacturing (17,777 peers)
- +8.9%
- assets growth YoY
- 88×
- vs typical plan assets (national mean)
Gsk 401(k) Plan's outsized position by total assets
Gsk 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,791,991,025 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Gsk 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gsk 401(k) Plan is a mega filing (12,435 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Gsk 401(k) Plan reported net income fell from $1.1B in the plan year 2023 filing to $717M in the plan year 2024 filing.
- Gsk 401(k) Plan end-of-year assets rose from $8.1B in the plan year 2023 filing to $8.8B in the plan year 2024 filing.
- Gsk 401(k) Plan reported participants rose from 11,837 in the plan year 2023 filing to 12,435 in the plan year 2024 filing.
DOL schedule card
Filing strip 231099050 · Glaxosmithkline LLC PY 2024 · 401(k)
Gsk 401(k) Plan · $8.8B · 12,435 · 100th
- PCT $8.8B
- EIN 12,435
- RANK 100th
- PHOTO 401(k)
- IND near Hewlett Packard Enterprise 401(k)Plan
- EOY ind #17709
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 401(k) Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $8.1B |
|---|---|
| Net Assets (End of Year) | $8.8B |
| Net Income | $717M |
| Employer EIN | 231099050 |
| Plan Effective Date | 1966-07-01 |
| Filing Status | FILING 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
| 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.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Scale composition for Gsk 401(k) Plan
Gsk 401(k) Plan reports $8.8B in end-of-year assets across 12,435 participants (0.071% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $707,036 per participant (5.1x the national average assets-per-participant) . Net income for plan year 2024 was $717M.
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 | Open filing |
| 2023 | 11,837 | $8.1B | Open filing |
| 2024 · index core | 12,435 | $8.8B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Glaxosmithkline Cash Balance Pension Plan (Defined Benefit (Pension), $2.9B, 7,770 participants)
Gsk 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Hewlett Packard Enterprise 401(k)Plan in TX ($8.8B); by covered participants it is Saint Luke's Retirement Balance and Matching Plan in MO (12,441 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8.8B here).
- Hewlett Packard Enterprise 401(k)Plan (TX) $8.8B · 15,164
- Commonspirit Health 401(k) Retirement Savings Plan (KY) $8.8B · 90,345
- Trinet 401(k) Plan (CA) $8.7B · 220,583
- Tenet Healthcare Corporation 401(k) Retirement Savings Plan (TX) $8.7B · 107,575
Similar participant headcount
Nearest other-state filings by covered participants (12,435 participants); asset peers above are excluded.
- Saint Luke's Retirement Balance and Matching Plan (MO) 12,441 · 6 off
- Dish Network Corporation 401(k) Plan (CO) 12,420 · 15 off
- Saia Motor Freight Line, LLC 401(k) Plan (GA) 12,419 · 16 off
- Hub International Limited 401(k) Savings Plan (IL) 12,409 · 26 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.