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Company:
HSBC North America Holdings Inc.
Plan:
HSBC - North America (U.S.) Tax Reduction Investment Plan
 

HSBC North America Holdings Inc.

77 Plan:

 
 
77
9
74
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (77) and the top rated plan (86) could equate to:
[How is this calculated?]
6 additional years of work
Up to $1,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

HSBC - North America (U.S.) Tax Reduction Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Total Plan Cost. HSBC - North America (U.S.) Tax Reduction Investment Plan currently has over 41,700 active participants and over $2.7B in plan assets.

 

 Retirement Plan Details

Address 26525 N. Riverwoods Blvd. 5sw
Mettawa, IL 60045-3428 
Industry Offices of Other Holding Companies
Administrator Robin E. Hughes-Taylor
Net Plan Assets $2,660,000,000
Total Participants 42,000
Avg Account Balance $64,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 14%
2. Vanguard PRIMECAP 12%
3. Dodge & Cox Stock 9%

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor KPMG, Llp

 Comments