Hsbc North America Holdings Inc.
Overview
Hsbc North America Holdings Inc. sponsors a self-funded health plan that covered 4,021 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 4,021 · prior year 4,053
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Hsbc - North America U.S. Retiree Health Plan, plan 503 (4,021 participants)
- Broker compensation
- $238K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Critical Illness, Dental, Life | 14,141 | $7.6M | $186K |
| Lincoln National Life Insurance Company | Long-term disability, Hawaii Statutory, New York Statutory, New Jersey Statutory | 5,768 | $2.9M | $8K |
| Fidelity Security Life Insurance Company | Vision | 9,224 | $801K | — |
| Four Ever Life Ins Co. | Medical | 29 | $511K | — |
| MetLife Legal Plans | Legal | 1,470 | $383K | $45K |
| Workplace Options, LLC | Employee Assistance Program | 5,935 | $64K | — |
| Ace American Insurance Company | Accidental Death & Dismemberment Insuran | 5,403 | $22K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,021 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Hsbc North America Holdings Inc.
- Sponsor EIN
- 23-2186091
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-2186091 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hsbc - North America (u.s.) Pension Plan
- Type
- Pension plan
- Participants
- 39,143
About this data
Source: Hsbc North America Holdings Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Hsbc North America Holdings Inc..