Plan Ledger DOL Form 5500 · updated monthly

Glaxosmithkline LLC401(k) + ESOP (KSOP)

GSK 401(K) PLAN · PHILADELPHIA, PA · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Glaxosmithkline LLC reported $8,155,541 in plan administrative expenses for 2025: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $21,394 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 4 years on file its reported administrative ratio has held roughly steady near 0.087%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 6th-largest of 3,651 plans among Pennsylvania employers on file, and the 39th of 13,661 in manufacturing. In 2025, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,972,847,952
Participants with balances21,339
Active participants11,992
Employer contributions$256,554,269
Employee contributions$209,613,994
Employer contribution per active participant$21,394
Average account balance$467,353
Benefits paid to participants$825,983,467
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$10.0B · 21,339 accts · $256.6M emplr
2024$8.8B · 21,718 accts · $252.3M emplr
2023$8.1B · 22,289 accts · $238.9M emplr
2022$7.0B · 21,994 accts · $235.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,554,480
Investment management$4,467,743
Trustee / custodial$3,207
Total administrative$8,155,541
The Glaxosmithkline LLC 401(k) match · 2025
Employer contribution per active participant$21,394
Median for plans this size$5,084
2025$21,394 per active participant
2024$20,589 per active participant
2023$19,168 per active participant
2022$19,770 per active participant

Glaxosmithkline LLC's 2025 employer contribution ran above the $5,084 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
ALIGHT FINANCIAL ADVISORS LLC · Contract administrator$3,684,591
DODGE & COX · Investment management$2,351,784
BLACKROCK ADVISORS LLC · Trustee · Trustee (discretionary)$1,137,334
STATE STREET GLOBAL ADVISORS · Investment management$652,222
GSAM STABLE VALUE, LLC · Investment management$329,609

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

Administrative cost history4
2025$8,155,541 · 0.09%
2024$7,598,781 · 0.09%
2023$7,370,708 · 0.10%
2022$7,134,425 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
Hp Inc. TX$10.9B · 0.03%
Bayer Corporation NJ$10.8B · 0.03%
Novartis Corporation NJ$9.9B · 0.00%
Nucor Corporation NC$9.3B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231099050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.