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:
- Min Balance to Open:
- 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|
|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.