Retirement plan

GSK PUERTO RICO 401(K) PLAN

Name: GLAXOSMITHKLINE PUERTO RICO, INC. - GSK PUERTO RICO 401(K) PLAN (2024) Form 5500
Creator: GLAXOSMITHKLINE PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GSK PUERTO RICO 401(K) PLAN, GLAXOSMITHKLINE PUERTO RICO, INC.

GLAXOSMITHKLINE PUERTO RICO, INC.EIN 66-0613421Plan #002PY 2024

FMC TOWER AT CIRA CENTRE SOUTH, 2929 WALNUT STREET, SUITE 1700 - PHILADELPHIA, PA 19104215-751-4908

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$57.1M

+2.8% from 2023

Total participants

268

-5.6% from 2023

Average account balance

$213,007

+8.9% from 2023

Annual return

11.92%

-2.53 pp from 2023

Benchmarks

See 8,606 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,606 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$57.09M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$213K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

268

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$505K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$16

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
STATE STREET GLOBAL ADVISORS4 years Service code 18 · EIN 81-4017137	Investment management; Custodial (oth...	$4,220

Plan features & details

Pension benefit codes2E2F2G2K2T3C3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$4K

$264 / participant

Other trustee fees$4K100.0%

% of EOY assets

0.007%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DELOITTE & TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$213,007

$125,184+70.2%

$105,607+101.7%

$145,884+46.0%

Participation rate

100.0%

77.6%+22.4pp

75.3%+24.7pp

80.3%+19.7pp

Annual return

11.92%

225.00%-213.1pp

116.11%-104.2pp

551.85%-539.9pp

Employer contribution / active EE

$17,047

$3,720+358.3%

$3,167+438.3%

$4,662+265.6%

Participant deferral / active EE

$14,507

$5,714+153.9%

$5,011+189.5%

$6,690+116.9%

Admin fee / account holder

$16

$17,133-99.9%

$10,958-99.9%

$13,392-99.9%

Provider

Service type

Compensation

STATE STREET GLOBAL ADVISORS4 years

Service code 18 · EIN 81-4017137

Investment management; Custodial (oth...

$4,220

GSK PUERTO RICO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GSK PUERTO RICO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion