HSA / FSA administrators
Participant balances, protected at scale.
How HSA, FSA and benefits administrators protect growing participant balances above the FDIC limit with liquidity for claims and clear sub-accounting.
Why cash is often under-protected
- Balances grow every payroll cycle
- Claims require daily liquidity
- Participant-level records
The FDIC insures up to $250,000 per depositor, per bank, per ownership category. Everything above that at one bank is uninsured.
One account. 300+ insured institutions.
- Liquid insured placement for claims
- Pass-through structure for participants
- One portal for your operations team
- No bank-by-bank negotiations
Ampersand, Inc. is not a bank. Ampersand acts as administrator in placing deposits at FDIC- or NCUA-insured institutions; deposit insurance is provided by those institutions, subject to standard limits, aggregation rules and pass-through requirements. Eligibility of specific fund types depends on applicable law, governing documents and program terms. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; averages are not a guarantee of any client’s rate. Rates vary and are not guaranteed. Not legal, tax or fiduciary advice.