Health Savings Account Reports

Report

Details

Contribution History

View a listing of each employees contribution history. The report displays total contributions made by the employer to employees HSAs. It also shows the total contributions made by the employee, excluding contributions outside of payroll. Click on an employee name to see the date and amount of each contribution.
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Report details: employee ID, department, employee name, employer contributions, employee contributions, pending contributions made by the employer and employee.

Held-up Contributions

View all employer or employee contributions being held. Reasons why dollars may be held include: customer identification process (CIP) required by the US PATRIOT Act, FSA coverage, contribution limits, etc.
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The report includes: employee ID, employee name, amount contributed, reason for delay, days waiting, reason, employer contributions and employee contributions.

HSA Status

View information related to the date on which employees were enrolled in an HSA and whether they have taken action to activate their account at HealthEquity. Activation is defined as having activated their HSA debit card, logged into the account online and accepted the terms of the online agreement or paid a claim. This report also shows whether an employees HSA is closed.
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Report details: department, employee name, employee ID, enrollment date and account status.

Over Contributions

For the tax year selected, view employees who received HSA contributions that may be higher than allowed based on their coverage type and age. Coverage type is determined by their current eligibility being sent and may not accurately reflect their true coverage. Amounts include any individual contributions made by the member directly to HealthEquity and may not match the YTD contribution history report.
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A 6% penalty applies to excess contributions per the IRS. The penalty is 10% if contributions were made to their HSA based on being an eligible individual for the entire year under the last-month rule and not remaining an eligible individual during the testing period. Under the terms of the HealthEquity Custodial Agreement, compliance with IRS contribution limits is the responsibility of individual account owner and not the custodian or the employer.
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Employees may contact HealthEquity Member Services to distribute the excess amount and avoid IRS penalties.
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Report details: employee name, employee ID.