How much could a 401(k) match cost your business?

An employer match allows you to contribute to employee 401(k) plans. Match programs can help bolster your recruiting efforts and provide significant tax advantages.

Fill out your information to see how much an employer match could cost.

Year 1
Year 2
Year 3
Employer match cost$70,000.00$70,000.00$70,000.00
Potential tax credits-$31,500.00-$31,500.00-$23,625.00
Total cost$38,500.00$38,500.00$46,375.00

Hire faster & lower employee attrition

Retirement benefits make employees 40% less likely to quit their first year. Plus, 79% of employees prefer new or additional benefits over a pay raise.

May be added as part of a safe harbor plan provision

Reduce admin work by automatically passing some key IRS tests, while allowing plan participants to max out contributions.

Try it for the first plan year

If you decide to reduce or remove your match, you can easily do so since Human Interest never charges fees for plan amendments.

Human Interest can help boost your hiring and retain better employees at your company

An employer match may provide tax advantages

How Human Interest can help

Technology has helped streamline 401(k) plan administration. Rather than having to worry about the nuts and bolts of plans, Human Interest can help business owners like you reduce your administrative burden—no matter how much of an employer match you offer. Spend less time on back-end work and more time on running your business.

Who offers an employer match?

Most employers match a portion of their employee’s contributions. In fact, 75% of all Human Interest plans offer an employer match.²

As this implies, offering an employer match may help you stay competitive when recruiting and retaining employees.

Want to learn more about offering an employer match?


1 - Businesses with 1-50 employees qualify for a tax credit based on a percentage of employer contributions, up to $1,000 per employee for employees making less than $100,000 in the prior year. SMBs with 51-100 employees qualify for a phase-in credit equal to 2% points for each employee in excess of 50 employees; and the amount determined above multiplied by 100% for years 1 and 2, 75% for year 3, 50% for year 4, and 25% for year 5.

2 - As of 1/3/22, according to Human Interest data, 2022.