2023 Form 5500 filing — Glaxosmithkline Cash Balance Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001071846NAL0011059392001) for Glaxosmithkline Cash Balance Pension Plan, reported by Glaxosmithkline LLC under EIN 23-1099050 and plan number 003. It reports 39,631 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001071846NAL0011059392001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Glaxosmithkline LLC
- EIN
- 23-1099050
- Plan number
- 003
- Location
- Philadelphia, PA
- Participants
- 39,631
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,936,458,095
- Total liabilities (EOY)
- $1,953,174
- Net assets (EOY)
- $2,934,504,921
- Employer contributions
- $195,000,000
- Total income / additions
- $472,288,474
- Benefits paid
- $337,454,519
- Administrative expenses
- $40,057,810
- Total expenses
- $377,512,329
- Net increase / (decrease)
- $94,776,145
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Legal & General Invstmt Mgmt Amer | NONE | $19,107,124 | not reported in the loaded dataset |
| Alight Solutions | RECORDKEEPER | $1,887,659 | $0 |
| Jennison Associates LLC | NONE | $726,874 | not reported in the loaded dataset |
| The Bank Of New York Mellon | CUSTODIAN & TRUSTEE | $529,501 | $0 |
| Income Research & Management | NONE | $506,109 | not reported in the loaded dataset |
| Marathon Asset Management Limited | NONE | $473,338 | not reported in the loaded dataset |
| Walter Scott & Partners Ltd | NONE | $424,409 | not reported in the loaded dataset |
| Genesis Asset Managers,Llp | NONE | $338,823 | not reported in the loaded dataset |
| Towers Watson Delaware Inc | NONE | $296,845 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | NONE | $203,200 | not reported in the loaded dataset |
| Rocaton Investment Advisors | NONE | $185,250 | not reported in the loaded dataset |
| State Street Global Advisors | NONE | $99,762 | $0 |
| Deloitte & Touche Llp | NONE | $85,425 | not reported in the loaded dataset |
| Pricewaterhousecoopers Llp | NONE | $14,910 | not reported in the loaded dataset |