Hsbc - North America (U.S.) Pension Plan — Form 5500 plan (Hsbc North America Holdings Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Hsbc - North America (U.S.) Pension Plan is a benefit plan reported by Hsbc North America Holdings Inc. under EIN 23-2186091 and plan number 001. The latest loaded filing year is 2023. The filing reports 42,859 participants and $3,587,812,175 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hsbc North America Holdings Inc.
- EIN
- 23-2186091
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 42,859
- End-of-year plan assets
- $3,587,812,175
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 42,859 | H, C | 20241008063747NAL0009440243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,587,812,175
- Total liabilities (EOY)
- $571,343,626
- Net assets (EOY)
- $3,016,468,549
- Net assets (BOY)
- $2,977,475,767
Income & contributions
- Total contributions
- $0
- Total income / additions
- $241,774,525
Expenses & distributions
- Benefits paid
- $190,866,658
- Administrative expenses
- $11,915,085
- Total expenses
- $202,781,743
- Net increase / (decrease)
- $38,992,782
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | NONE | $2,213,652 | not reported in the loaded dataset | 2023 |
| Nisa Investment Advisors, LLC | NONE | $1,068,928 | not reported in the loaded dataset | 2023 |
| Jennison Associates LLC | NONE | $1,057,050 | $0 | 2023 |
| The Northern Trust Company | NONE | $806,072 | not reported in the loaded dataset | 2023 |
| Goldman Sachs Asset Management | NONE | $797,252 | not reported in the loaded dataset | 2023 |
| Neuberger And Berman | NONE | $656,624 | $0 | 2023 |
| Gqg Partners LLC | NONE | $322,099 | $0 | 2023 |
| Aon Consulting | NONE | $244,955 | not reported in the loaded dataset | 2023 |
| Blue Bay Asset Management | NONE | $207,253 | not reported in the loaded dataset | 2023 |
| Wellington Trust Company | NONE | $205,243 | $0 | 2023 |
| Tower Watson | NONE | $185,250 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $61,750 | not reported in the loaded dataset | 2023 |
| Mercer | NONE | $36,596 | not reported in the loaded dataset | 2023 |
| Blackrock | NONE | $6,063 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hsbc North America Holdings Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Alight Solutions LLC — Schedule C compensation
- Nisa Investment Advisors, LLC — Schedule C compensation
- Jennison Associates LLC — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Goldman Sachs Asset Management — Schedule C compensation
- Neuberger And Berman — Schedule C compensation
- Gqg Partners LLC — Schedule C compensation
- Aon Consulting — Schedule C compensation
- Blue Bay Asset Management — Schedule C compensation
- Wellington Trust Company — Schedule C compensation
- Tower Watson — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Mercer — Schedule C compensation
- Blackrock — Schedule C compensation