Human Interest supports Build Back Better retirement legislation


By The Human Interest Team

The retirement savings crisis is one of the most critical problems in our country, as nearly half of American private sector workers don’t have access to an employer-sponsored retirement plan. The Retirement Subtitle of the Build Back Better Act addresses these challenges by eliminating employee barriers and increasing employer benefits.

Human Interest wholeheartedly supports this legislation. As a leading provider of 401(k) plans to small and medium-sized businesses, these efforts align with our mission to improve retirement access by requiring almost all employers without employer-sponsored retirement plans to automatically enroll their employees in IRAs or 401(k)-type plans.

Build Back Better Act, if passed, would reform the retirement industry by:

  • Providing nearly universal retirement plan access for low- to moderate-income workers.

  • Reducing coverage gaps to strengthen retirement security for millions of Americans. 

  • Incentivizing low-cost, well designed plans that aim to increase employee participation.

Build Back Better, together

Read our full statement on the Build Back Better Act.

Helping us close the retirement savings gap.

Many small businesses don’t offer retirement benefits today because legacy products are often prohibitively expensive and difficult to use. Human Interest exists to eliminate these barriers. We make it easy for employers to offer a 401(k) plan that’s accessible and affordable. But we recognize more needs to be done. We urge Congress to swiftly enact the Retirement Subtitle of the Build Back Better Act into law. Let’s close the retirement savings gap together.

Human Interest is a leading retirement benefits provider for small and medium-sized businesses 

Founded in 2015, we are on a mission to ensure that people in all lines of work have access to a more secure financial future. With more than $1 billion in assets under management, we work with 5,000+ businesses nationwide and offer a complete 401(k) solution with clear, affordable pricing that’s easy for employers and employees to use.

We believe that everyone deserves access to a secure financial future, which is why we make it easy to provide a 401(k) to your employees. Human Interest offers a low-cost 401(k) with automated administration, built-in investment advising, and integration with leading payroll providers.



LAST UPDATED 03/09/2021General disclosures Human Interest is a turnkey provider of employee retirement plan services to small and medium-sized businesses. Investment advisory services are provided to employee benefit plan clients by Human Interest Advisors LLC, an SEC-Registered Investment Adviser and a wholly owned subsidiary of Human Interest Inc. SEC Registration does not imply a certain level of skill or training.  Human Interest does not provide tax, legal or accounting advice. The content on our website has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult with tax, legal and accounting advisors before hiring any providers for your plan. For information about Human Interest’s pricing, please see refer to our Pricing Page.AccoladesHuman Interest received the titles of "Best Places to Work" and "Best Startup Employer" according to third-parties, the San Francisco Business Times (as of 04/24/2020) and Forbes (as of 04/09/2020 and 03/09/2021), respectively using the following methodology:
  • San Francisco Business Times: All Best Places to Work winners are determined exclusively on the basis of their employees' responses to the Best Places to Work Survey. Employee responses from the 30 standard survey questions, along with the number of employees that respond to the survey, are calculated to determine the company’s overall score and ranking.
  • Forbes: 2020 -- Forbes and Statista selected America’s Best Startup Employers from 10,000 companies based on an innovative methodology evaluating employer excellence in three ways: 1) Employee Satisfaction: extensive research was conducted on ‘Average Length of Employment’, ‘Employee Ratings’, and ‘Quantity of Ratings’, 2) Employer Reputation: a measurement of social media success; company specific information was algorithmically extracted from social media channels such as news sites, micro-blogs, blogs and social networks, and 3) Company Growth: extensive metric calculations were evaluated including ‘Website Traffic’, ‘Job Openings’, ‘Headcount Information’, and ‘Funding Information’.
  • Forbes: 2021 -- To determine the list, Statista identified 2,500 American businesses that had been founded between 2011 and 2018 and employ at least 50 people. All companies considered had been started from scratch and not spun out of existing enterprises. Statista evaluated each organization based on three criteria, the first being employer reputation. The firm reviewed articles, blogs and social media posts pertaining to each employer, searching for specific phrases, such as “corporate culture,” “diversity” and “employee engagement.” Statista then assessed employee satisfaction, evaluating online reviews, as well as growth, examining the organizations’ website traffic and headcounts over a two-year period. The final list ranks the 500 employers that boast the best employer reputations, employee satisfaction and growth.