Here is some of the information I've found:
HSA Bank - no money in their account/all in investments
$66/year total
This is from a 2.50 monthly account maintenance and a 3.00 Investment fee each month
http://www.hsabank.com/~/media/files/fees_s1Health Savings[/b] - no money in their account/all in investments [UPDATE]
$45 Flat Fee/year and they charge 6.25 basis points per quarter (i.e., $0.625 per $1,000 every three months). This equates to .25%/year
While cheaper to get started, after a few years they quickly become more expensive if you are maxing out your HSA and leaving it there. Here is how I came to that conclusion.
x=amount in account, $21 is the amount more HSA Bank costs. I was curious.
(.625)(x/1000)(4)=21
Solve for x and you get $8400, once your account hits that amount you will be paying the same as you would for HSA Bank and it will continue to get more expensive the more $$ in the account.
https://healthsavings.com/vanguard/fees/Health Equity - no money in their account/all in investments [UPDATED]
$36/year and 2 basis points/month for investing (.24%/year)
Using the same formula above for Health Savings you can see how quickly you can get to the amount that would be worth it to go to HSA Bank
(.2)(x/1000)(12)=30
x = $12,500
http://healthequity.com/indexinvestor/http://healthequity.com/ed/resources/docs/member_fees_uc.pdfSelect Account - must have $1000 in their account to invest
$30 a year +
$1/month and $18/year for investment account = $30/year
If you said that $1000 should earn 7% annually, it would cost you $70 a year to keep it in their account, effectively making it possibly $100 a year, granted some years will be more/less than others. I think with lack of returns on the 1k this will cost more regardless. Even if you only receive 3.6% on returns on average annually you would break even with HSA Bank.
https://mnscsc.org/scsc/media/insurance/docs/hsa-fee-rate-schedule16.pdfOptum[/b] - $3 monthly Maintenance Fees and have to have 2000 in account that's not invested
I have not looked at any additional fees for investing through these companies other than what is shown in the above info.
Any other options out there that people suggest?