Plan Snapshot
- Plan Sponsor: Hsbc North America Holdings INC.
- Sponsor EIN: 232186091
- Sponsor Address: 227 W MONROE STREET, 18TH FLOOR, CHICAGO, IL, 60606
- Plan Type: DB
- Total Participants: 2,288
- Total Assets: $3.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,288 | $3.3B | $0 | $0 |
| 2023 | 2,447 | $3.6B | $0 | $0 |
| 2022 | 2,727 | $3.5B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRICEWATERHOUSECOOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $12,565,183 | $3,853,890 | $247,000 | — | — |
| 2023 | $11,915,085 | $4,148,346 | $185,250 | — | — |
| 2022 | $12,768,761 | $3,986,688 | $2,244,192 | — | $1,566,469 |