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.) Tax Reduction Investment Plan is a benefit plan reported by Hsbc North America Holdings Inc. under EIN 23-2186091 and plan number 005. The latest loaded filing year is 2023. The filing reports 22,467 participants and $4,507,125,783 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,507,125,783
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,507,125,783
- Net assets (BOY)
- $4,003,054,174
Income & contributions
- Employer contributions
- $56,690,002
- Participant contributions
- $80,097,944
- Total contributions
- $152,836,677
- Total income / additions
- $874,834,543
Expenses & distributions
- Benefits paid
- $368,410,619
- Administrative expenses
- $2,206,669
- Total expenses
- $370,762,934
- Net increase / (decrease)
- $504,071,609