# Glaxosmithkline LLC DB Plan
Source: https://planprovider.pro/companies/glaxosmithkline-llc-plan-003

> Glaxosmithkline LLC's DB plan: 7,110 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Glaxosmithkline LLC

- **Sponsor EIN:** 231099050

- **Sponsor Address:** FMC TOWER AT CIRA CENTRE SOUTH, PHILADELPHIA, PA, 19104

- **Plan Type:** DB

- **Total Participants:** 7,110

- **Total Assets:** $2.9B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|7,110|$2.9B|$131.0M|$0|

| 2023|7,793|$2.9B|$195.0M|$0|

| 2022|8,515|$2.8B|$120.0M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| ALIGHT SOLUTIONS|RECORDKEEPER|$2,075,747|—|$2,075,747|

| LEGAL & GENERAL INVSTMT MGMT AMER|NONE|$1,594,913|—|$1,594,913|

| JENNISON ASSOCIATES LLC|NONE|$624,292|—|$624,292|

| INCOME RESEARCH & MANAGEMENT|NONE|$509,312|—|$509,312|

| THE BANK OF NEW YORK MELLON|CUSTODIAN & TRUSTEE|$482,723|—|$482,723|

| WALTER SCOTT & PARTNERS LTD|NONE|$428,381|—|$428,381|

| TOWERS WATSON DELAWARE INC|NONE|$311,517|—|$311,517|

| ROCATON INVESTMENT ADVISORS|NONE|$138,938|—|$138,938|

| STATE STREET GLOBAL ADVISORS|NONE|$119,535|—|$119,535|

| DELOITTE & TOUCHE LLP|NONE|$87,765|—|$87,765|

| MARATHON ASSET MANAGEMENT LIMITED|NONE|$41,537|—|$41,537|

| JOHN HANCOCK LIFE INSURANCE COMPANY|NONE|$30,338|—|$30,338|

| PRICEWATERHOUSECOOPERS LLP|NONE|$14,910|—|$14,910|

| APEX FINTECH SOLUTIONS|NONE|$12,844|—|$12,844|

| MSCI|NONE|$5,400|—|$5,400|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALIGHT SOLUTIONS](https://planprovider.pro/provider/alight-solutions) — RECORDKEEPER

- [JENNISON ASSOCIATES LLC](https://planprovider.pro/provider/alight-solutions) — NONE

- [TOWERS WATSON DELAWARE INC](https://planprovider.pro/provider/lincoln-financial-group) — NONE

- [DELOITTE & TOUCHE LLP](https://planprovider.pro/provider/deloitte-and-touche-llp) — NONE

- [JOHN HANCOCK LIFE INSURANCE COMPANY](https://planprovider.pro/provider/john-hancock) — NONE

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $6,478,152

- **Estimated Expense Ratio:** 0.223% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$14,574,315|$2,881,721|$2,610,652|$87,765|—|

| 2023|$40,057,810|$3,679,313|$2,117,733|$85,425|—|

| 2022|$29,329,796|$3,828,980|$2,474,030|—|$484,206|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/glaxosmithkline-llc-plan-003)

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