401(k) · DOL Form 5500 · 2024

Healthequity, Inc. 401(k) Plan

Data updated 2026-08-11

$297M
Total assets
3,218
Participants
96th
Percentile by assets
$92,279
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Healthequity 401(k) Plan · Sponsored by Healthequity, Inc. · Utah · Other Services

$297M in assets, 3,218 participants

Healthequity, Inc.'s Healthequity 401(k) Plan reported $297M in total assets and 3,218 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #7,633 in Other Services (7,719 peers)

Coverage in Utah

Healthequity 401(k) Plan covers 3,218 participants in Utah, 5.4x the typical Utah plan (state average ~592 per filing). Assets: $297M.

$297M
total plan assets (2024 EOY)
3,218
covered participants
96th
percentile by assets (of 123,622 plans)
$92,279
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Healthequity 401(k) Plan end-of-year assets rose from $243M in the plan year 2023 filing to $297M in the plan year 2024 filing.
  • Healthequity 401(k) Plan reported net income rose from $45M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Healthequity 401(k) Plan reports 3,218 participants - 5.4x that state average ($297M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$243M
Net Assets (End of Year)$297M
Net Income$54M
Employer EIN522383166
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Healthequity, Inc.)

$150M$200M$250M$300M$350M 202220232024 $198M $297M ▲ +49.8%
Total plan assets by year, all Healthequity, Inc. plans on file
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

Healthequity 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Healthequity 401(k) …Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Skywest, Inc. Employ…Rio Tinto America In…
Healthequity 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Healthequity 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Healthequity 401(k) Plan assets move in 2024?
Healthequity 401(k) Plan grew sharply - up 22.0% during 2024, from $243M to $297M. Reported net income was $54M.
How have Healthequity, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Healthequity, Inc.'s sponsor-wide assets grew 49.8%, from $198M to $297M.
Where does Healthequity 401(k) Plan rank by assets among Form 5500 filers?
Healthequity 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Healthequity 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mosaic Union Savings Plan in FL ($297M, 1,756 participants).

Next read for Healthequity 401(k) Plan

Filing takeaways

Ways to act on Healthequity 401(k) Plan's numbers.