HSBC North America Holdings 401(k) match, vesting and fees
What HSBC North America Holdings' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 26 defined-contribution plans in management of companies and enterprises with 10,000 to 49,999 participants.
| HSBC North America Holdings: employer contribution per participant | $2,992 | |
| Peer median | $2,647 |
| HSBC North America Holdings: average balance | $252,810 | |
| Peer median | $122,788 |
| HSBC North America Holdings: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.5B at the end of plan year 2023 to $4.9B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 20,310 | $4.9B | $58.4M | $2,992 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 21,259 | $4.5B | $56.7M | $2,770 | 0.05% | Not published | Form 5500 ↗ |
Other HSBC North America Holdings plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Hsbc - North America (U.S.) Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions LLC | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does HSBC North America Holdings match 401(k) contributions?
The match terms for the Hsbc - North America (U. S.) Tax Reduction Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $58.4M in employer contributions, about $2,992 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the HSBC North America Holdings 401(k) match vested?
The vesting schedule for the Hsbc - North America (U. S.) Tax Reduction Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the HSBC North America Holdings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Plan Administrative Committee.
I left HSBC North America Holdings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Plan Administrative Committee, (847) 739-9507) or the recordkeeper, The Vanguard Group, Inc.. The HSBC North America Holdings old 401(k) page lists the contacts from every plan filing. Find an old HSBC North America Holdings 401(k)
Data from the public Form 5500 annual reports HSBC North America Holdings filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with HSBC North America Holdings. Not financial advice. Report a correction · Methodology