Employer · plans filed under one EIN
HSBC North America Holdings Inc.
Chicago, IL · Management of companies (holding companies)
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under HSBC North America Holdings Inc.'s employer identification number (Chicago, Illinois). Their latest filings total 59,453 participant records and $7.79B in net assets.
The largest is HSBC - North America (U.S.) Pension Plan, a cash balance pension plan with 39,143 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $58.4M and participant contributions $82.7M in the latest plan years; benefits paid were $565M. Schedule C compensation reported to service provider organisations totalled $9.8M.
Combined net assets moved from $4.78B in 2009 to $7.79B in 2024 (up 63%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| HSBC - North America (U.S.) Pension Plan | cash balance pension plan | 2024 | 39,143 | $2.86B | $72,964 | — | $7.6M |
| HSBC - North America (U. S.) Tax Reduction Investment Plan | 401(k) plan | 2024 | 20,310 | $4.93B | $242,827 | $8,846 | $2.2M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 59,453 | $7.79B | $58.4M | $82.7M |
| 2023 | 2 | 62,898 | $7.52B | $56.7M | $80.1M |
| 2022 | 2 | 65,326 | $6.98B | $58.3M | $82.4M |
| 2021 | 2 | 69,236 | $8.93B | $62.2M | $88.7M |
| 2020 | 2 | 71,892 | $8.66B | $69.7M | $100M |
| 2019 | 2 | 74,572 | $7.79B | $76.4M | $102M |
| 2018 | 2 | 78,779 | $6.67B | $237M | $102M |
| 2017 | 2 | 91,643 | $7.24B | $79.8M | $104M |
| 2016 | 2 | 95,042 | $7.22B | $162M | $108M |
| 2015 | 2 | 97,769 | $6.85B | $176M | $112M |
| 2014 | 2 | 100,633 | $7.08B | $129M | $106M |
| 2013 | 2 | 110,473 | $6.52B | $154M | $101M |
| 2012 | 2 | 115,519 | $6.27B | $331M | $111M |
| 2011 | 2 | 126,945 | $5.79B | $409M | $130M |
| 2010 | 2 | 131,811 | $5.33B | $205M | $127M |
| 2009 | 2 | 140,648 | $4.78B | $293M | $135M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Alight Solutions LLC | Recordkeeping and information management | 1 | $2,543,770 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 1 | $1,681,574 |
| Nisa Investment Advisors, LLC | Investment advisory (plan) | 1 | $1,077,452 |
| Jennison Associates LLC | Investment management | 1 | $959,302 |
| Goldman Sachs Asset Management | Investment management | 1 | $799,845 |
| The Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $676,724 |
| Neuberger and Berman | Investment management | 1 | $657,403 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Trustee (directed); Securities brokerage; Participant loan processing | 1 | $477,904 |
| Tower Watson | Consulting (general); Investment advisory (plan); Investment management | 1 | $247,000 |
| Aon Consulting | Actuarial; Consulting (general); Consulting (pension) | 1 | $240,814 |
| Wellington Trust Company | Investment management | 1 | $183,599 |
| Blue Bay Asset Management | Investment management | 1 | $143,465 |
| Mercer | Actuarial | 1 | $73,900 |
| GQG Partners LLC | Investment management | 1 | $28,185 |
| Charles Schwab & Co., Inc. | — | 1 | $5,036 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does HSBC North America Holdings Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: HSBC - North America (U.S.) Pension Plan and HSBC - North America (U. S.) Tax Reduction Investment Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does HSBC North America Holdings Inc. contribute to its plans?
$58,362,738 in employer contributions across these plans in their latest plan years, about $6,568 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Alight Solutions LLC, Vanguard Advisers Inc., Nisa Investment Advisors, LLC and Jennison Associates LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.