Plan Ledger DOL Form 5500 · updated monthly

Glaxosmithkline Consumer Healthcare Holdings (US), LLC401(k) + ESOP (KSOP)

CONSUMER HEALTHCARE 401(K) PLAN · WARREN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Glaxosmithkline Consumer Healthcare Holdings (US), LLC reported $279,997 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $15,629 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 93rd-largest of 2,419 plans among New Jersey employers on file, and the 424th of 13,661 in manufacturing. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has shrunk from 2,830 to 2,508 since 2022.

Plan summary
Net assets, end of year$734,656,145
Participants with balances2,922
Active participants2,508
Employer contributions$39,198,152
Employee contributions$31,528,749
Employer contribution per active participant$15,629
Average account balance$251,422
Benefits paid to participants$73,270,245
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$734.7M · 2,922 accts · $39.2M emplr
2023$644.6M · 3,061 accts · $42.7M emplr
2022$518.5M · 2,942 accts · $16.6M emplr
Administrative expenses, itemized · 2024
Investment management$279,997
Total administrative$279,997
The Glaxosmithkline Consumer Healthcare Holdings (US), LLC 401(k) match · 2024
Employer contribution per active participant$15,629
Median for plans this size$4,294
2024$15,629 per active participant
2023$15,503 per active participant
2022$5,878 per active participant

Glaxosmithkline Consumer Healthcare Holdings (US), LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ALIGHT FINANCIAL ADVISORS, LLC · Investment advisory (participants)$279,997

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$279,997 · 0.04%
2023$228,732 · 0.04%
2022$76,572 · 0.01%
Same employer
Similar plansManufacturing · New Jersey
Bausch & Lomb Americas Inc. NJ$810.6M · 0.09%
Bausch Health Companies Inc. NJ$691.0M · 0.08%
Datascope Corp. NJ$642.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472931057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.