401(k) · DOL Form 5500 · 2022
Hsbc North America Holdings Inc. 401(k) Plan
Data updated 2026-08-25
- $4.0B
- Total assets Very large vs avg
- 8,442
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $474,183
- Avg per participant High balance/head
Official DOL plan name: Hsbc - North America (U. S.) Tax Reduction Investment Plan · Sponsored by Hsbc North America Holdings Inc. · Illinois · Management of Enterprises
$4.0B in assets, 8,442 participants
Hsbc North America Holdings Inc.'s Hsbc - North America (U. S.) Tax Reduction Investment Plan reported $4.0B in total assets and 8,442 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #1,179 in Management of Enterprises (1,193 peers)
Coverage in Illinois
Hsbc - North America (U. S.) Tax Reduction Investment Plan covers 8,442 participants in Illinois, 11x the typical Illinois plan (state average ~779 per filing). Assets: $4.0B.
- #1,179
- in Management of Enterprises (1,193 peers)
- -18.9%
- assets change YoY
- 40×
- vs typical plan assets (national mean)
The plan reported a net loss of $930M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Hsbc - North America (U. S.) Tax Reduction Investment Plan's outsized position by total assets
Hsbc - North America (U. S.) Tax Reduction Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,003,054,174 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Hsbc - North America (U. S.) Tax Reduction Investment Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hsbc - North America (U. S.) Tax Reduction Investment Plan lands in the large band (8,442 participants).
DOL schedule card
Filing strip 232186091 · Hsbc North America Holdings Inc. PY 2022 · 401(k)
Hsbc - North America (U. S.) Tax Reduction Investment Plan · $4.0B · 8,442 · 100th
- NET $4.0B
- NET 8,442
- NET 100th
- NET 401(k)
- NET near Chs/Community Health Systems, Inc. Retirement Savings Plan
- NET ind #1179
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Illinois →
Hsbc - North America (U. S.) Tax Reduction Investment Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $4.9B |
|---|---|
| Net Assets (End of Year) | $4.0B |
| Net Income | -$930M |
| Employer EIN | 232186091 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hsbc North America Holdings Inc.)
Sponsor-wide plan assets over time
All Hsbc North America Holdings Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $8.2B 9.105005227907393% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 11,984 | $7.5B |
| 2023 | 2 | 9,719 | $8.1B |
| 2024 | 2 | 9,131 | $8.2B |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- State Farm 401(k) Savings Plan $14.7B · 53,616
- Accenture United States 401(k) Match and Savings Plan $14.3B · 66,653
- Abbott Laboratories Stock Retirement Plan $13.3B · 36,136
- United Airlines Pilot Retirement Account Plan $11.8B · 13,437
- Walgreens Retirement Savings Plan $11.7B · 238,072
Scale composition for Hsbc - North America (U. S.) Tax Reduction Investment Plan
Hsbc - North America (U. S.) Tax Reduction Investment Plan reports $4.0B in end-of-year assets across 8,442 participants (0.032% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $474,183 per participant (3.4x the national average assets-per-participant) . Net income for plan year 2022 was -$930M.
This plan identity (EIN 232186091, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.0B to $4.9B (+23.2%) while covered participants moved from 8,442 to 6,684 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,442 | $4.0B | This page |
| 2023 | 6,992 | $4.5B | Open filing |
| 2024 · index core | 6,684 | $4.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Hsbc - North America (U. S.) Tax Reduction Investment Plan (401(k), $4.9B, 6,684 participants)
- Hsbc - North America (U.S.) Pension Plan (Defined Benefit (Pension), $3.3B, 2,447 participants)
Hsbc - North America (U. S.) Tax Reduction Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Chs/Community Health Systems, Inc. Retirement Savings Plan in TN ($4.0B); by covered participants it is Teamsters Tforce Freight 401(k) Plan in VA (8,445 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.0B here).
- Chs/Community Health Systems, Inc. Retirement Savings Plan (TN) $4.0B · 62,485
- Fidelity National Information Services, Inc. 401(k) Profit Sharing Plan (FL) $4.0B · 22,604
- Kimberly-Clark Corporation 401(k) & Profit Sharing Plan (WI) $4.0B · 11,034
- Federal Express Corporation Pilots Retirement Savings Plan (TN) $4.0B · 5,305
Similar participant headcount
Nearest other-state filings by covered participants (8,442 participants); asset peers above are excluded.
- Teamsters Tforce Freight 401(k) Plan (VA) 8,445 · 3 off
- Teamsters Tforce Freight 401(k) Plan (VA) 8,445 · 3 off
- Beall's Employees' Savings Trust (FL) 8,437 · 5 off
- Usw Industry 401(k) Plan (TN) 8,450 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.