LSA Program Budget Statistics (2023)

Companies with under 100 employees spent $2,747 on average per employee per year on their lifestyle spending accounts in 2023 

Companies with 101 to 1,000 employees spent $1,431 on average per employee per year on their lifestyle spending accounts in 2023

Companies with 1,000+ employees spent $647 on average per employee per year on their lifestyle spending accounts in 2023

Key takeaway: There is the significant variation in average annual spending per employee on lifestyle spending accounts (LSAs) based on company size, with smaller companies investing more to compete against large corporations.

Data shows that employees are spending the most money on health and wellness claims 

source: Compt Lifestyle Benefits Benchmarking Report, 2024