PLANSPONSOR - April/May 2021 - 26

TOTAL BENEFITS | HSAs
2021 PLANSPONSOR Health Savings Account Survey
Total HSA Assets in the Market 1
THINKING of
offering
a
health
savings account (HSA) plan? Looking
to benchmark your current one? If so,
PLANSPONSOR's recent survey of HSA
plan sponsors may help. It frames the
strategies and outcomes associated with
HSA implementation and confirms that
the market is still in the early stages
of development. Growth will likely be
driven by expanded access and adoption
along with the utilization of common
defined contribution (DC) plan features.
Employer Adoption, by HSA Plan Size
l <25 accounts
l 25 - 49 accounts
l 50 - 99 accounts
l 100 - 499 accounts
l ≥500 accounts
7%
5%
8%
76%
>75% - 90%
>50% - 75%
>25% - 50%
10% - 25%
<10%
# of HSAs, by Account Balance
l <$500
l $500 - $1,000
l >$1,000 - $2,500
l >$2,500 - $5,000
l >$5,000 - $10,000
l >$10,000
9%
9%
12%
16%
12%
Unsure / Don't know
HSA Activity in 2020
75%
56%
16%
% of HSAs receiving
any contributions
% of HSAs having
non-rollover
withdrawals
% of HSAs having
no contributions
or withdrawals
1Devenir Research 2020 Year-End HSA Market Statistics and Trends.
26 PLANSPONSOR.COM April - May 2021
% of Employees That Opted to Open an HSA
>90%
>75% - 90%
>50% - 75%
>25% - 50%
10% - 25%
<10%
Unsure / Don't know
42%
Automatically Opens HSAs for Employees?
Yes
No
51%
47%
2%
Unsure / Don't know
12%
23%
26%
11%
15%
4%
4%
>90%
9%
Total cash deposits
$58.5b
Total
$82.2b
Total invested assets
$23.8b
Employees Enrolling in an HDHP When Multiple Health
Plans Are Offered
37%
23%
16%
8%
4%
2%
10%

http://www.PLANSPONSOR.COM

PLANSPONSOR - April/May 2021

Table of Contents for the Digital Edition of PLANSPONSOR - April/May 2021

Ready Solution?
Tiptop Health Savings Accounts
2021 Defined Benefit Administration Survey: Shedding Light on DB Plans
How TRO Might Benefit Plans
By Popular Demand
What's the ROI?
PLANSPONSOR - April/May 2021 - Cover1
PLANSPONSOR - April/May 2021 - Cover2
PLANSPONSOR - April/May 2021 - 1
PLANSPONSOR - April/May 2021 - 2
PLANSPONSOR - April/May 2021 - 3
PLANSPONSOR - April/May 2021 - 4
PLANSPONSOR - April/May 2021 - 5
PLANSPONSOR - April/May 2021 - 6
PLANSPONSOR - April/May 2021 - 7
PLANSPONSOR - April/May 2021 - 8
PLANSPONSOR - April/May 2021 - 9
PLANSPONSOR - April/May 2021 - 10
PLANSPONSOR - April/May 2021 - 11
PLANSPONSOR - April/May 2021 - 12
PLANSPONSOR - April/May 2021 - 13
PLANSPONSOR - April/May 2021 - 14
PLANSPONSOR - April/May 2021 - 15
PLANSPONSOR - April/May 2021 - Ready Solution?
PLANSPONSOR - April/May 2021 - 17
PLANSPONSOR - April/May 2021 - 18
PLANSPONSOR - April/May 2021 - 19
PLANSPONSOR - April/May 2021 - 20
PLANSPONSOR - April/May 2021 - 21
PLANSPONSOR - April/May 2021 - Tiptop Health Savings Accounts
PLANSPONSOR - April/May 2021 - 23
PLANSPONSOR - April/May 2021 - 24
PLANSPONSOR - April/May 2021 - 25
PLANSPONSOR - April/May 2021 - 26
PLANSPONSOR - April/May 2021 - 27
PLANSPONSOR - April/May 2021 - 2021 Defined Benefit Administration Survey: Shedding Light on DB Plans
PLANSPONSOR - April/May 2021 - 29
PLANSPONSOR - April/May 2021 - 30
PLANSPONSOR - April/May 2021 - 31
PLANSPONSOR - April/May 2021 - How TRO Might Benefit Plans
PLANSPONSOR - April/May 2021 - 33
PLANSPONSOR - April/May 2021 - By Popular Demand
PLANSPONSOR - April/May 2021 - 35
PLANSPONSOR - April/May 2021 - What's the ROI?
PLANSPONSOR - April/May 2021 - 37
PLANSPONSOR - April/May 2021 - 38
PLANSPONSOR - April/May 2021 - 39
PLANSPONSOR - April/May 2021 - 40
PLANSPONSOR - April/May 2021 - Cover3
PLANSPONSOR - April/May 2021 - Cover4
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