Department of Labor filing

GLAXOSMITHKLINE LLC

GSK 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 1, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

70filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$20,589

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

12,254

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$341 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 3% of comparable plans

↗Investment performance

Not available

Plan assets changed 8.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202470out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $7,776 · based on 98 comparable plans

Lower reported administrative expense3rd percentileTypical peer $80 · based on 92 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, GLAXOSMITHKLINE LLC reported $252,295,672 in employer contributions across the plan and 12,254 active participants. That works out to $20,589 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy56%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 4.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 17.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context70/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $252,295,672
Participant contributions: $203,852,179
Other contributions: $26,516,064
Employer share of reported contributions: 55.3%
Beginning assets: $8,072,931,460
Ending assets: $8,791,991,025
Ending net assets: $8,790,586,645
Ending liabilities: $1,404,380
Total income: $1,596,024,176
Total expenses: $878,872,504
Administrative expenses: $7,598,781
Participant loans: $27,519,481

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$19,770

2023

$19,168

2024

$20,589

Plan-paid administrative expenses per participant

2022

$290

2023

$335

2024

$341

Active participants

2022

11,917

2023

12,463

2024

12,254

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$20,589	12,254	8.8B	20250701061851NAL0018200928001
2023	$19,168	12,463	8.1B	20240709125037NAL0007873219001
2022	$19,770	11,917	7B	20230724150458NAL0008731089001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 231099050-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1966
Industry: Industry group 325
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2O2T3F3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
BLACKROCK ADVISORS, LLC	2024	Not reported	unknown
CAPITAL RESEARCH AND MANAGEMENT CO.	2024	Not reported	unknown
DODGE & COX	2024	Not reported	unknown
METROPOLITAN WEST ASSET MGMT, LLC	2024	Not reported	unknown
SEI TRUST COMPANY	2024	Not reported	unknown
STATE STREET GLOBAL ADVISORS	2024	Not reported	unknown
T. ROWE PRICE	2024	Not reported	unknown
TCW INVESTMENT MANAGEMENT COMPANY	2024	Not reported	unknown
THE VANGUARD GROUP, INC.	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250701061851NAL0018200928001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗