BrightScope Rating
Company:
SmithKline Beecham Corporation
Plan:
GlaxoSmithKline Retirement Savings Plan
SmithKline Beecham Corporation
84
Plan:
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (84) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $392,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan
and do not take into account other retirement plans and programs offered by this employer.
Plan Description
GlaxoSmithKline Retirement Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. GlaxoSmithKline Retirement Savings Plan currently has over 22,600 active participants and over $3.5B in plan assets.
Plan Details
| Address | 200 N. 16Th Street Philadelphia, PA 19102 |
| Industry | Pharmaceutical & Medicine Mfg |
| Administrator | Michelle Killian |
| Net Plan Assets | $3,550,000,000 |
| Total Participants | 32,000 |
| Avg Account Balance | $110,000 |
Top 3 Investment Holdings
| 1. | GlaxoSmithKline plc Common Stock | 15% |
| 2. | SSgA S&P 500 Index Fund | 14% |
| 3. | Vanguard Windsor II | 8% |
Other Companies in Peer Group
| Merck & Co. | 82.2 |
| The Dow Chemical Company | 80.7 |
| Royal Dutch Shell Group | 72.6 |
| The Sherwin-Williams Company | 66.7 |
| The Procter & Gamble Company | 59.3 |
| The Procter & Gamble Company | 42.6 |
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