The firm conducted a survey in January, primarily among the 50 largest providers of HSAs. Average account balances at the end of 2012 rose 4 percent from the year earlier, to $1,879. Total contributions to HSA accounts hit an estimated $13.2 billion with account holders retaining about 23 percent. Devenir estimates year-end HSA investment assets of $1.7 billion, up 55 percent from 2011.
Surveyed HSA providers project HSA asset growth of 22 percent again in 2013, and Devenir estimates the HSA market to reach $26 billion in assets by the end of 2015. For an executive summary, click here.