Sterling Administration


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

Interest rates for various balance tiers
$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
Last checked on: 08-01-2023. Rates may not be current, please check the provider's website for the latest rates.


Monthly Maintenance Fee $2.50
Account Opening Fee $0.00
Account Closing Fee $0.00

HSA Investment Options

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

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

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]