Glaxosmithkline Cash Balance Pension Plan
Corporate pension, based in Philadelphia, Pennsylvania, reporting $2.9B in assets, for 37,757 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Glaxosmithkline Cash Balance Pension Plan no longer reports Marathon-London International Fund (Marathon London) (last held $57M at 2023-12-31; absent from the 2024-12-31 filing).
1 more adviser, 9 more commitments and 2 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- State Street Msci Eafe Index Non-Le3 commitments
- Ssga Russell 3000 Index Nl Fund3 commitments
- Daily Msci Emg Mkts Indx Nl Fund2 commitments
- State Street Global Advisors Trust Company8 commitments
- Marathon London2 commitments
- Genesis Asset Managers,llp2 commitments
Relationship network
31 connected entities12 observed commitments8 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Non-interest-bearing cash 0.1%
- Corporate debt instruments (other) 12.3%
- Corporate debt instruments (preferred) 19.6%
- U.S. Government securities 33.3%
- Insurance company general account 0.4%
- Other investments 0.1%
- Partnership/joint venture interests 4.3%
- Common/collective trusts 18.6%
- Registered investment companies 4.2%
- Common stock 1.8%
Consultants and advisers
- Apex Fintech Solutions Custodianthrough Dec 31, 2024 Form 5500
- Bank of New York Mellon Custodianthrough Dec 31, 2022 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- State Street Global Advisors Trust Company8 rows, latest Dec 31, 2024
- Marathon London2 rows, latest Dec 31, 2023
- Genesis Asset Managers,llp2 rows, latest Dec 31, 2023
- Marathon Asset Management, LPplan years 2022, 2024
- Income Research & Mgmt. Inc.plan years 2022
- Genesis Asset Managers,llpplan years 2022
+4 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2024Holding endedinferenceGlaxosmithkline Cash Balance Pension Plan no longer reports Marathon-London International Fund (Marathon London) (last held $57M at 2023-12-31; absent from the 2024-12-31 filing)with Marathon Londonaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceGlaxosmithkline Cash Balance Pension Plan no longer reports Genesis Emerging Markets Fund (Genesis Asset Managers,llp) (last held $447,824 at 2023-12-31; absent from the 2024-12-31 filing)with Genesis Asset Managers,llpaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceGenesis Asset Managers,llp no longer appears on Glaxosmithkline Cash Balance Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Genesis Asset Managers,llpaskebsa.dol.gov
- Jan 1, 2024Funded status changedGlaxosmithkline Cash Balance Pension Plan funded ratio 93.6% -> 83.7% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding startedGlaxosmithkline Cash Balance Pension Plan first reports an interest in Daily Msci Emg Mkts Indx Nl Fund (State Street - Russell 2000): $49M at 2023-12-31with State Street Global Advisors Trust Companyaskebsa.dol.gov
+2 more dated events
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | State Street Msci Eafe Index Non-Lecollective trust | State Street Global Advisors Trust Company | Pooled vehicles | $93.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Daily Msci Emg Mkts Indx Nl Fundcollective trust | State Street Global Advisors Trust Company | Pooled vehicles | $62.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ssga Russell 3000 Index Nl Fundcollective trust | State Street Global Advisors Trust Company | Pooled vehicles | $385M held | Disclosed holding | askebsa.dol.gov |
+9 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 37,757 | $2.9B | $3.0B | 83.7% | $2.9B | $124M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 39,631 | $2.8B | $3.0B | 93.6% | $2.9B | $145M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 42,942 | $3.4B | $3.1B | 100.3% | $2.8B | $168M | Not disclosed | Not disclosed |
- Alight Solutions codes 13 15 99 $2.1M PY2024
- Legal & General Invstmt Mgmt Amer codes 28 51 $1.6M PY2024
- Jennison Associates LLC codes 28 51 68 $624,292 PY2024
+60 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Holding in a pooled vehicle ended2024-12-31source on record
- Holding in a pooled vehicle ended2024-12-31source on record
- Manager relationship ended2024-12-31source on record
+4 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+13 connections on the graph
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