401(k) · DOL Form 5500 · 2022
Hsbc North America Holdings Inc. 401(k) Plan
Data updated 2026-08-06
- $4.0B
- Total assets
- 8,442
- Participants
- 100th
- Percentile by assets
- $474,183
- Avg per participant
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.
- 100th percentile by assets (of 139,258 plans)
- #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 ~768 per filing). Assets: $4.0B.
- $4.0B
- total plan assets (2022 EOY)
- 8,442
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $474,183
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Hsbc - North America (U. S.) Tax Reduction Investment Plan reports 8,442 participants - 11x that state average ($4.0B EOY assets).
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.)
| 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.
Hsbc - North America (U. S.) Tax Reduction Investment Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
- 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 (0.034% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $474,183 per participant (3.5x 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hsbc - North America (U. S.) Tax Reduction Investment Plan by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on Hsbc - North America (U. S.) Tax Reduction Investment Plan's numbers.
- By total assets, Hsbc - North America (U. S.) Tax Reduction Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Hsbc North America Holdings Inc.'s sponsor-wide assets have grown 9.1% since 2022 across 3 plan years on file. More Management of Enterprises plans