401(k) · DOL Form 5500 · 2023
Healthequity, Inc. 401(k) Plan
Data updated 2026-08-11
- $243M
- Total assets
- 3,209
- Participants
- 95th
- Percentile by assets
- $75,849
- Avg per participant
Official DOL plan name: Healthequity 401(k) Plan · Sponsored by Healthequity, Inc. · Utah · Other Services
$243M in assets, 3,209 participants
Healthequity, Inc.'s Healthequity 401(k) Plan reported $243M in total assets and 3,209 participants in its 2023 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 127,072 plans)
- #7,765 in Other Services (7,857 peers)
Coverage in Utah
Healthequity 401(k) Plan covers 3,209 participants in Utah, 5.4x the typical Utah plan (state average ~592 per filing). Assets: $243M.
- $243M
- total plan assets (2023 EOY)
- 3,209
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $75,849
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Healthequity 401(k) Plan reported net income rose from -$25M in the plan year 2022 filing to $45M in the plan year 2023 filing.
- Healthequity 401(k) Plan end-of-year assets rose from $198M in the plan year 2022 filing to $243M in the plan year 2023 filing.
- Healthequity 401(k) Plan reported participants fell from 4,011 in the plan year 2022 filing to 3,209 in the plan year 2023 filing.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Healthequity 401(k) Plan reports 3,209 participants - 5.4x that state average ($243M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $198M |
|---|---|
| Net Assets (End of Year) | $243M |
| Net Income | $45M |
| Employer EIN | 522383166 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Healthequity, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,011 | $198M |
| 2023 | 1 | 3,209 | $243M |
| 2024 | 1 | 3,218 | $297M |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Healthequity 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
- Intermountain Healthcare Savings Plus 401(k) Plan $6.0B · 46,680
- Deseret 401(k) Plan $5.5B · 24,292
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.7B · 10,088
- Skywest, Inc. Employees' Retirement Plan $1.2B · 15,411
- Autoliv Asp, Inc. Employee Savings and Investment Plan $634M · 4,537
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Healthequity 401(k) Plan by total assets, not by location.
- Bancfirst Corporation Thrift Plan (OK) $243M · 1,742
- Evolent Health 401(k) Plan (VA) $243M · 2,615
- Teknor Savings Plus Plan (RI) $243M · 1,858
- B. F. Saul Company Employees' 401(k) Retirement Plan (MD) $243M · 1,312
Frequently Asked Questions
How did Healthequity 401(k) Plan assets move in 2023? ▼
How have Healthequity, Inc. plan assets changed over time? ▼
Where does Healthequity 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Healthequity 401(k) Plan? ▼
Next read for Healthequity 401(k) Plan
Filing takeaways
Ways to act on Healthequity 401(k) Plan's numbers.
- By total assets, Healthequity 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
- Healthequity, Inc.'s sponsor-wide assets have grown 49.8% since 2022 across 3 plan years on file. More Other Services plans