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Human Interest 401(k) Reviews & Product Details

Della B.
DB
HR and Compliance Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

Our company officially went live with Human Interest on January 1, 2025, with our first payroll deduction taking place on January 31, 2025. From implementation to enrollment, the entire process has been seamless.

The self-service platform has been a fantastic resource for our employees, making it easy for them to manage their 401(k) plans. Human Interest took the lead in communicating with our tenured employees, sending personalized emails outlining what to expect during the enrollment process. Additionally, they handle the enrollment process for newly hired employees, streamlining the experience for everyone.

As a company that had never previously offered a 401(k) plan, this transition was a significant milestone for us. Human Interest provided an educational session during our January 1st kickoff, helping employees understand the differences between 401(k) and other retirement savings options. Their support and expertise have made this an excellent experience for both our HR team and our employees.

Overall, we are extremely pleased with Human Interest and look forward to a long-lasting partnership. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

Nothing. So far, it has been a great experience. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

As a company that had never previously offered a 401(k) plan, this transition was a significant milestone for us. Human Interest provided an educational session during our January 1st kickoff, helping employees understand the differences between 401(k) and other retirement savings options. Their support and expertise have made this an excellent experience for both our HR team and our employees. Review collected by and hosted on G2.com.

Human Interest 401(k) Overview

What is Human Interest 401(k)?

Human Interest is an easy way to offer a 401(k)or 403(b) that scales with your business. Our transparent pricing and customizable plans make offering a retirement benefit possible for companies of all sizes. Employers can sign up for a plan in minutes and automate essential administrative tasks with 500+ "no-touch" payroll integrations. The typical plan saves over 75 hours a year in administrative work over traditional plans.* Our solution delivers a streamlined experience that empowers, guides, and incentivizes employees to save. Employees can get 3% cash back (for eligible savers, up to $250**), and our transparent pricing helps ensure they will never be surprised by unexpected fees. Backed by award-winning support***, Human Interest can proactively help your business take advantage of government tax credits while offering a robust retirement plan designed to help you stay competitive in your employee benefits.**** Footnotes: * Human Interest internal data as of February 28, 2024. Calculations are based on customer information, including 50 hours of 401(k) administration management per year and one hour of payroll management per pay cycle at a $100 per hour rate. Actual cost savings may differ. **3% cash back is available to eligible individuals making $60,000 or less in gross income and contributing at least 8% of every paycheck to an eligible Human Interest plan over a 12-month period. Must submit a claim form to claim the award. Minimum award is $100 and max is $250. Additional requirements apply. See terms and conditions at https://humaninterest.com/legal/cashback-terms/. This program is administered and offered by Human Interest Inc. Its subsidiary and registered investment adviser, Human Interest Advisors, will earn more in asset-based fees if a plan participant increases their contribution in connection with the program. ***Human Interest was awarded the "Silver Stevie Award" medal in the 2023 American Business AwardsⓇ for "Achievement in Customer Satisfaction." Winners were determined by the average scores of more than 240 professionals worldwide in the three-month judging process. Read more about the winning organizations: http://stevieawards.com/aba/2023-stevie-award-winners and criteria for the award here: https://stevieawards.com/aba/judging-awards-process. American Business Awards are registered trademarks of Stevie Awards, Inc. Stevie Awards, Inc. is not affiliated with Human Interest. This recognition is not indicative of Human Interest’s future performance. **** Human Interest solicited clients for G2 reviews in exchange for nominal non-cash compensation. Active solicitation and non-cash compensation will make a customer more likely to portray Human Interest favorably. Testimonials may not be representative of the experience of others and past success does not guarantee future results. From 5/25/22-12/31/22, Human Interest offered gift cards as an incentive for customers to complete G2 reviews. A higher nominal value was offered for non-anonymous testimonials. Read our full disclosures at https://humaninterest.com/disclosures/.

Human Interest 401(k) Details
Product Website
Languages Supported
English
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Product Description

Human Interest makes it easy to offer a 401(k). With automated administration and built-in investment advising, we make it affordable to help your employees plan for their futures.


Seller Details
Company Website
Year Founded
2015
HQ Location
San Francisco, California
Twitter
@humaninteresthq
1,373 Twitter followers
LinkedIn® Page
www.linkedin.com
746 employees on LinkedIn®
Description

Human Interest is founded on a simple idea: Affordable, zero-transaction fee, 401(k) plans for small and medium businesses. Businesses that, historically, never had access to these types of investment and tax-benefit retirement vehicles. Here are the big things we've done to shake up the retirement industry: 1. We eliminated all 401(k) transaction fees for companies and their employees.
. We made it so easy to start saving that we see
x the average industry participation rate.3. We helped thousands of customers open their company’s first 401(k) plan and start saving.4. We built end-to-end technology to solve administrative and compliance headaches for small and medium-sized businesses.Human Interest is leveling the playing field on retirement by making employer and employee retirement savings more intuitive, more affordable, and more inclusive.Human Interest is an affordable, full-service 401(k) and 403(b) provider that seeks to make it easy for small and medium-sized businesses to assist their employees with investing for retirement. Investment Advisory services provided through Human Interest Advisors, a Registered Investment Adviser. For more information, please visit humaninterest.com.This content has been prepared for informational purposes only, and should not be construed as tax, legal, or individualized investment advice. Consult an appropriate professional regarding your situation. Human Interest does not provide tax or legal advice. Investing involves risk, including risk of loss. Past performance does not guarantee future results.


Jared G.
JG
Overview Provided by:

Recent Human Interest 401(k) Reviews

PA
PGS A.Small-Business (50 or fewer emp.)
5.0 out of 5
"Very good simple 401(k) provider"
Very easy to use from sign up to recurring use.
Derek O.
DO
Derek O.Mid-Market (51-1000 emp.)
4.5 out of 5
"Really easy to work with, all information is readily available. Love this!"
Honestly I love the ease at which the payment process is handled. Never a question if too little or too much is being taken/sent.
CH
CAD H.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great 401(k) program!"
From the start, our small business has experienced exceptional customer service from Human Interest. The onboarding process was quick, seamless, an...
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Human Interest 401(k) Security
Get security information from Human Interest 401(k) to help you buy the right software. View Security Information
Human Interest 401(k) security information includes:
SOC 2 (System and Organization Controls 2)
GLBA (Gramm-Leach-Bliley Act)

Human Interest 401(k) Media

Human Interest 401(k) Demo - Admin Dashboard - Summary Page
Your summary page offers a snapshot of your plan.
Human Interest 401(k) Demo - Employee Dashboard - Contribution Page
Your employees can easily adjust their contribution rates at any time.
Human Interest 401(k) Demo - Employee Dashboard - Homepage
Your employees can easily see pertinent information about their 401(k) at a glance.
Human Interest 401(k) Demo - Employee Dashboard - Portfolio View
Your employees can make adjustments to their investment portfolio seamlessly through their portal.
Play Human Interest 401(k) Video

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Video Reviews

1,430 out of 1,431 Total Reviews for Human Interest 401(k)

4.3 out of 5
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Human Interest 401(k) Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Human Interest 401(k)Question

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Elena H.
EH
Executive Assistant to the President &amp; Human Resource Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

I was added as an admin and wasn't used to the platform. There set up is very simply and easy to use. However, i perfer to be safe than sorry. I requested help a review on a task, they were very quick and helpful to set up a time to discuss, the following day! It was great, during this time i was able to get my questions answer promtptly and ask for a overview of the platform. The assistant was very helpful guiding me through each tab and what is beneficial to know about each! Thank you! Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

At the moment my tasks that has been reviewed shows as tasks needing completing.

Task is completed... a few times without being removed from the task bar. But employee had recieved activation email and all steps taken care of. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Being able to use a platform to for our company with multiple locations and continously growing. Able to sort based on location and all in one place. Review collected by and hosted on G2.com.

Kari J.
KJ
VP, Human Resources
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

The relatively no administrative time it takes to manage things. Also, the communication Human Interest sends is great so nothing is missed.

The integration process happened in a blink of an eye. The website itself is easy to navigate and make changes so questions from employees has been minimal. Employees are taking advantage of the benefit and have told me they like the features they are shown when they login. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

Only thing I wish was different was the option for employees to opt out after the initial 15 days. Being charged when after that even though they set contibution to zero seems unfair.

And I do not feel I was adequately informed that I would be charged even if someone was termed. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

It is a great addition to our benefit plan to help attract great talent. We want our employees to know that we believe their financial future is important. Review collected by and hosted on G2.com.

Ryan L.
RL
Cofounder, Therapist
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

It is so easy. As a small business owner, I didn't realize how and cost effective it would be to provide a 401k matching benefit. Human Interest has made providing this benefit a breeze! Setting it up was simple, a point-of-contact quickly contacted us to introduce herself and tell us about various ways she could be of assistance, and because of the integeration of Human Interest into the Gusto payroll system, there is nothing I have to handle on a regular basis. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

After signing up for Human Interest about three months ago, I've not yet encountered any downsides. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

It's allowing me to provide a 401k benefit in an easy and cost-effective way. Before I learned more about Human Interest, I did not believe I would be able - as a new small business - to provide this benefit. I'm thankful to have learned about it, and really glad we signed up. Review collected by and hosted on G2.com.

Michelle K.
MK
Head of Finance
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

The team was very helpful in adding custom investment options for Vanguard Target Data funds, which are the same expense ratio as they are with Vanguard itself. So you can get the best of Vanguard (or most of the "best of" mutual funds on the market) while also benefitting from Human Interest's excellent UX and integrations with payroll software like Rippling. The ease of the transition from our prior provider was seamless, and they also have cost effective management options for 401k compliance that let us cut out costs for a financial advisor and separate plan administrator. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

I heard that leaving Human Interest, if you decide to do that, can be quite cumbersome, and that customer service is not especially great -- I haven't experienced either one of those issues however. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Offering a 401k plan with high quality investment options and employer matching Review collected by and hosted on G2.com.

MB
HR
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

The entire setup was a breeze. I answered a few questions, entered some information and I was up and running. The website itself is very clean and simple to use. They only have the main things needed on the page so you're not overwhelmed with trying to find things. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

I recently discovered that even though I had terminated an employee, I would still have to pay the monthly fee for them until they roll their funds over to another account. This is worriesome since some people might not ever roll their funds over in a timely mannor and I would be stuck with the bill. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Living in California I had to offer a retirement account for my empolyees. I found out about Human Interest from Gusto Payroll. The entire process was a breeze. I was able to sign up, send emails to the employees, and be set up within a day or two. I did have to reach out to customer support for a question, and I was put in touch with someone and they were able to answer my question. I recieved a call a few days later from a very nice rep who wanted to reach out and ask if I had any questions. I didn't have any questions since everything was pretty smooth. The website is really easy to navigate and is very simple to use. I'm very happy with the service I recieve with Human Interest. Review collected by and hosted on G2.com.

AT
General Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

I can’t recommend Human Interest highly enough! Our experience with them has been exceptional from start to finish. The onboarding process was incredibly simple and smooth, making it easy for both our team and employees to get started with the 401k plan.

The platform is user-friendly and intuitive, allowing everyone to navigate their accounts with ease. Whether it’s checking investment options or updating personal information, everything is straightforward and accessible.

What truly stands out, though, is their customer service. The support team is always ready to assist and answer any questions we have, demonstrating a commitment to our satisfaction and understanding of our needs. It's comforting to know that we have a reliable partner in Human Interest. Highly recommend! Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

If I could change anything, it would be that, since the platform is so easy to sign up for, our business is spending more on employee matches than we initially anticipated! However, this just reflects how great the experience has been overall. It’s comforting to know that we have a reliable partner in Human Interest. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

The platform is extremely easy to use. The fact that employees can log in and simply make their own changes to contributions takes a load off of our admin. Review collected by and hosted on G2.com.

Amanda L.
AL
Founder and Chief Marketing Officer
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

As a self-employed person and agency owner, I wanted to set up a 401(k) mechanism that would be easy for me to use and maintain – but I am not a finance guru and was constantly worried about getting something "wrong" that would lead to tax penalties or missed withholding. I really appreciate how Human Interest made it easy to "set and forget" everything about 401(k)s, and how transparent they are with providing documentation at every step of the process. Though I'm not a finance-minded person, I feel really secure knowing that this platform is set up to give me the tools and transparency I need to set up my retirement savings, with minimal work on my part. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

The only critique I have is that the onboarding process was slightly challenging only in terms of the email confirmation steps - I recall having to bounce back and forth between tabs and emails as an administrator and as a user, and that was a little bit complicated. But I'm not sure if that is the standard workflow, as I recognize I'm an anomaly (being both the administrator AND a user). Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Human Interest helped me - as a self-employed person - set up a 401(k) that is contributed to directly from the paycheck my LLC pays me, while also managing the legal/compliance side of things. Review collected by and hosted on G2.com.

Elizabeth B.
EB
Director of Finance and Administration
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

The initial outreach and sales explanation were excellent, followed by attentive and informative follow-ups and a thorough Q&A session. I greatly appreciated the time and care taken to educate me, ensure the plan fit our needs, and provide reassurance about the onboarding process. They honored all promotions, and the orientation and setup were seamless and straightforward, making the experience very comfortable. The administrative dashboard on their website is user-friendly and integrates smoothly with our payroll system. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

After implementation was completed, the level of personalization and interaction diminished significantly. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Makes managing our retirement plan so much easier by automating tasks and syncing seamlessly with our payroll system, which saves us a ton of time and hassle. It’s also a cost-effective option, allowing us to offer valuable retirement benefits that help attract and keep great talent. Plus, their compliance support gives us peace of mind by keeping everything on track with the latest regulations. Review collected by and hosted on G2.com.

Julia K.
JK
Director of Human Resources
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

uman Interest has made offering a 401(k) plan effortless for our company. The onboarding process was incredibly smooth thanks to the seamless integration with Rippling. As the administrator, I appreciated that Human Interest handled all the heavy lifting, including hosting informational sessions with our employees to fully explain the new benefit. Their automated compliance features and the ability to customize plans ensure that everything runs smoothly and aligns with our needs. Overall, Human Interest has exceeded expectations in simplifying 401(k) management while providing excellent support to both admins and employees. It's a fantastic addition to our employee benefits package! Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

There is very little I've disliked about Human Interest up to this point. The reporting features could allow for slightly more customization to better cater to specific business metrics - but for me this is not a dealbreaker. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

Human Interest simplifies the traditionally complex process of managing a 401(k) plan. It eliminates administrative headaches with its automation and ensures compliance with changing regulations. This has saved us significant time and resources while increasing employee satisfaction and engagement. The integration with Rippling has been a huge time-saver, making it easy to manage payroll deductions and contributions seamlessly. Overall, it allows us to focus on growing our business while ensuring our employees feel valued and supported. Review collected by and hosted on G2.com.

Jeff B.
JB
Controller
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Human Interest 401(k)?

I explored numerous 401(k) plans for our medium sized business, and far and away the best option without going through an entire HR suite migration, was Human Interest as we were already using Paycor. It is really affordable for the Company, is really easy to understand for our employees, and the implementation for our workforce of over 400 employees was so incredibly simple. I highly reccommend it. Review collected by and hosted on G2.com.

What do you dislike about Human Interest 401(k)?

Honestly, nothing just yet. On a grander scale, it may prove to be more expensive than other options because it is priced per user, but for our business, which employees primarily 16-25 year olds, it is absolutely perfect. Review collected by and hosted on G2.com.

What problems is Human Interest 401(k) solving and how is that benefiting you?

While most of our employee base hasn't barely considered saving for retirement, we do want to attract top talent for our management positions, and having a 401(k) option is a key piece of that benefits package. Review collected by and hosted on G2.com.