Retirement plan

GSK PUERTO RICO 401(K) PLAN

Name: GLAXOSMITHKLINE PUERTO RICO, INC. - GSK PUERTO RICO 401(K) PLAN (2017) 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 2017

5 CRESCENT DRIVE - PHILDELPHIA, PA 19112215-751-5851

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$61.3M

+5.2% from 2016

Total participants

468

-13.3% from 2016

Average account balance

$131,000

+18.4% from 2016

Annual return

11.56%

-12.21 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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 ADVISORS3+ years Filed as: STATE STREET BANK AND TRUST COMPANY Service code 18 · EIN 04-1867445	Investment management fees paid indir...	$6,364

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$29 / participant

Investment mgmt$6K100.0%

% of EOY assets

0.010%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,000

$63,314+106.9%

$91,004+43.9%

$62,293+110.3%

Participation rate

100.0%

73.3%+26.7pp

75.6%+24.4pp

69.5%+30.5pp

Annual return

11.56%

21.00%-9.4pp

4.60%+7.0pp

28.90%-17.3pp

Employer contribution / active EE

$4,441

$1,807+145.7%

$2,456+80.8%

$2,042+117.5%

Participant deferral / active EE

$7,028

$2,944+138.8%

$3,548+98.1%

$3,169+121.8%

Admin fee / account holder

$14

$468-97.1%

$5,417-99.7%

$479-97.2%

Provider

Service type

Compensation

STATE STREET GLOBAL ADVISORS3+ years

Filed as: STATE STREET BANK AND TRUST COMPANY

Service code 18 · EIN 04-1867445

Investment management fees paid indir...

$6,364

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