Research

Findings from the 2019 Year-End Devenir HSA Research Report containing health savings account (HSA) market statistics as of December 31^st, 2019.

Devenir, a national leader in providing investment solutions for health savings accounts (HSAs), released today the results of its 19th semi-annual health savings account survey and resulting research report. Devenir found that the number of HSAs has grown to now exceed 28 million, holding an estimated $65.9 billion in assets at the end of 2019.

An important aspect of the menu design process is sizing the menu to optimize the availability of core asset classes while also limiting excessive overlap or overly risky asset classes that can overwhelm the typical investor. This blog considers four important factors that impact sizing decisions of HSA menus.

Devenir’s quarterly credit union HSA update finds over $1.73 billion in HSA deposits were held in credit unions as of 9/30/2019.

In an effort to understand industry trends, we periodically research publicly listed interest rates offered by HSA providers. Recent averages suggest providers may not be feeling much pressure to raise HSA deposit rates, with the largest providers feeling even less pressure as they focus on providing value in other areas.