Healthequity, Inc. 401(k) Plan: Login, Facts & Contact Information

Healthequity, Inc. 401(k) Plan Facts

Plan name
HEALTHEQUITY 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HEALTHEQUITY, INC.
Participants
4,234 (3,190 active employees)
Former employees with a balance
858
Plan assets
$296,954,850 at Dec 31, 2024
Average account balance
$73,833 across 4,022 accounts
Employer contributions
$8,809,943 in plan year 2024 (23% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2003
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $38.2 million went into the plan in contributions, $8.81 million of it from the employer (23%).
  • $20.0 million was paid out to participants.
  • Investment and other income added $35.9 million.
  • Administrative expenses were $329,218, about $82 per account.

How the Healthequity, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,243$34.3 million$2.37 million$2.33 million
20203,303$167.3 million$4.40 million$6.10 million
20213,919$204.3 million$7.49 million$15.3 million
20224,769$198.2 million$8.36 million$18.0 million
20234,141$243.4 million$8.42 million$26.4 million
20244,234$297.0 million$8.81 million$20.0 million

Healthequity, Inc. 401(k) Contact Information

Phone
801-727-1141
Mailing address
15 W SCENIC POINTE DRIVE SUITE 100, DRAPER UT 84020
Plan sponsor
HEALTHEQUITY, INC.
Employer identification number (EIN)
52-2383166
Plan number
001

Questions about the Healthequity, Inc. 401(k)

Does Healthequity, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $8.81 million, 23% of all contributions.

Does the Healthequity, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Healthequity, Inc 401(k) plan?

4,234 participants at the start of plan year 2024, 3,190 of them active employees, and 858 former employees who still had money in the plan.

What is the average 401(k) balance at Healthequity, Inc?

About $73,833 per account: $297.0 million in plan assets across 4,022 accounts with a balance at the end of plan year 2024.

Who manages the Healthequity, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Healthequity, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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