Defined Benefit (Pension) · DOL Form 5500 · 2024

Hsbc North America Holdings Inc. Pension Plan

Data updated 2026-07-24

$3.3B
Total assets: 2,447
Participants: 100th
Percentile by assets: $1.3M
Avg per participant

Official DOL plan name: Hsbc - North America (U.S.) Pension Plan · Sponsored by Hsbc North America Holdings Inc. · Illinois · Management of Enterprises

$3.3B in assets, 2,447 participants

Hsbc North America Holdings Inc.'s Hsbc - North America (U.S.) Pension Plan reported $3.3B in total assets and 2,447 participants in its 2024 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 116,472 plans)

Coverage in Illinois

Hsbc - North America (U.S.) Pension Plan covers 2,447 participants in Illinois, 3.2x the typical Illinois plan (state average ~768 per filing). Assets: $3.3B.

$3.3B
total plan assets (2024 EOY): 2,447
covered participants: 100th
percentile by assets (of 116,472 plans): $1.3M
avg assets per participant

The plan reported a net loss of $160M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hsbc - North America (U.S.) Pension Plan reported net income fell from $39M in the plan year 2023 filing to -$160M in the plan year 2024 filing.
Hsbc - North America (U.S.) Pension Plan reported participants fell from 2,727 in the plan year 2023 filing to 2,447 in the plan year 2024 filing.
Hsbc - North America (U.S.) Pension Plan end-of-year assets fell from $3.6B in the plan year 2023 filing to $3.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Management of Enterprises

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Hsbc - North America (U.S.) Pension Plan reports 2,447 participants - 3.2x that state average ($3.3B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$3.6B
Net Assets (End of Year)	$2.9B
Net Income	-$160M
Employer EIN	232186091
Plan Effective Date	1945-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hsbc North America Holdings Inc.)

Total plan assets by year, all Hsbc North America Holdings Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	11,984	$7.5B
2023	2	9,719	$8.1B
2024	2	9,131	$8.2B

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hsbc - North America (U.S.) Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare Hsbc - North America (U.S.) Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Hsbc - North America (U.S.) Pension Plan by total assets, not by location.

The Northwestern Mutual Employee Retirement Plan (WI) $3.3B · 8,254
Honda Retirement Plan (CA) $3.3B · 8,401
Cummins Pension Plan (IN) $3.2B · 30,640
Target Corporation Pension Plan (MN) $3.3B · 41,726

Frequently Asked Questions

How did Hsbc - North America (U.S.) Pension Plan assets move in 2024? ▼

Hsbc - North America (U.S.) Pension Plan pulled back noticeably - down 8.9% during 2024, from $3.6B to $3.3B. Reported net income was -$160M.

How have Hsbc North America Holdings Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hsbc North America Holdings Inc.'s sponsor-wide assets grew 9.1%, from $7.5B to $8.2B.

Where does Hsbc - North America (U.S.) Pension Plan rank by assets among Form 5500 filers? ▼

Hsbc - North America (U.S.) Pension Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Hsbc - North America (U.S.) Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Northwestern Mutual Employee Retirement Plan in WI ($3.3B, 8,254 participants).

Next read for Hsbc - North America (U.S.) Pension Plan

Filing takeaways

Ways to act on Hsbc - North America (U.S.) Pension Plan's numbers.

By total assets, Hsbc - North America (U.S.) Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232186091.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.