Discovery Benefits, Inc.


Discovery Benefits, Inc. has been providing HSA administrative services since 2004. Discovery is one of the largest administrators in the country and serves some of the most respected names in American business, yet remains committed to providing a world-class customer service experience. Discovery is a privately held, zero long-term debt company with a passion for workplace culture. Discovery combines that passion for the employee experience with leading edge technology designed to create a user-friendly experience.

User Ratings

GD Star Rating

HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
  • Debit Card
  • Online Banking
  • Investment Options

HSA Interest Rates

Interest rates are unknown at this time


Monthly Maintenance Fee $2.25
Account Opening Fee $0.00
Account Closing Fee $0.00

HSA Investment Options

Mutual Fund Platform: check_box   Self-Directed Brokerage: close   CDs: close   Other: close

Mutual Fund Details

Investment Threshold: $1,000
Investment Fee: Custodial management fee of .0625% per quarter on balances invested in mutual funds. All or a portion of the fee may be offset by the amount of any 12b-1 and STA fees received

Investment options include Index, Style Specific and Asset Allocation funds. Index funds are a lower cost alternative to actively managed mutual funds. Their returns tend to closely track the performance of the market category associated with the style of the fund. Asset Allocation funds offer your clients a blend of investments defined as conservative, moderate or global. Style Specific funds target different sectors of the market that include large, mid-cap and small-cap blends in addition to a global stock, an intermediate bond fund and a real estate option. Investment options are selected based on a number of criteria including competitive long term performance. All investment options are reviewed quarterly by an experienced team of investment managers to ensure the funds meet the investment policy objectives. Funds found not to meet the requirements of the investment management team are replaced with another mutual fund in a similar style.

Contact Information

General Information

Address 4321 20th Ave SW
Fargo, ND 58103

Customer Service

Mailing Address Discovery Benefits
4321 20th Avenue S
Fargo, ND 58103
Phone Number 877-765-8810
Email Address [email protected]