About
Sterling Administration is an independent, minority, woman-owned administrator for HSAs, HRAs, FSAs, POPs and COBRA. Additionally, Sterling offers expert compliance services for ERISA Wrap, Form 5500 Filing, non-discrimination testing, and requirements under the Patient Protection Affordable Care Act (PPACA).
Sterling was named a national Best Place to Work by Business Insurance Magazine in 2014. Sterling is large enough to offer the most advanced benefits administration technology and services, yet small enough to provide a personalized experience. We pride ourselves on our unparalleled service. Sterling is based in Oakland, California with remote staff nationwide.
HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $100.00
- Features:
-
- Debit Card
- Online Banking
- Investment Options
HSA Interest Rates
| $500.00 - $4,999.99 | 0.10% APY |
|---|---|
| $5,000.00 - $9,999.99 | 0.20% APY |
| $10,000.00 - $14,999.99 | 0.30% APY |
| $15,000.00+ | 0.45% APY |
Fees
| Monthly Maintenance Fee | $2.50 |
|---|---|
| Account Opening Fee | $0.00 |
| Account Closing Fee | $0.00 |
HSA Investment Options
Self-Directed Brokerage Details
$16.00 Annual Fee (two transactions per year free of charge). To self-direct investments, Sterling accountholders may transfer funds in their HSA account to a joint brokerage account titled "Sterling HSA Administrator For The Benefit Of (Name Of Sterling Accountholder)". Once the joint brokerage account has been set up and the accountholder has completed a Sterling Transfer of Assets Form, Sterling will transfer funds from the HSA account to the joint brokerage account. Additional brokerage fees may apply. Check with your broker-dealer for details.
Contact Information
General Information
| Website | Sterling Administration's HSA Website open_in_new |
|---|---|
| Address | 1000 Broadway #250 Oakland, CA 94607 |
Customer Service
| Mailing Address | Sterling Administration P.O. Box 71107 Oakland, CA 94612 |
|---|---|
| Phone Number | 800-617-4729 |
| Email Address | [email protected] |