Comparing Provider Grid

It can be tricky to best understand which 401(k) provider can best manage your company's needs. To keep yourself organized and make the best choices for your business, we built an easy-to-use comparison tool.

Fill out the form and download the guide

Financial security is more important now than ever

Several major occurrences impacted the retirement landscape in 2020. And while the future of the economy is still largely unpredictable, the aftermath of COVID-19 made one thing clear: Financial wellness is top of mind for most Americans.

America’s retirement savings crisis remains an unsolved challenge — especially for small businesses.

Our research focuses on small business employees and provides a voice to a group that’s otherwise disregarded in other retirement studies. By surveying employees of small and medium-sized business employers, we examine how SMB employees approached retirement, their financial preparedness, and their financial wellness during the COVID-19 pandemic.

As the U.S. economy continues to respond to the ongoing effects of the COVID-19 pandemic, our research suggests that SMB employees will only continue to focus on retirement preparedness. After reading this report, you’ll learn how SMB employees are saving for retirement, when they plan to retire, and what they envision once they reach retirement age.

77%

of employees say peace of mind, is the most important factor to their financial wellness.

64%

of SMB employees rate their financial wellness as high.

73%

of SMB employees say they are saving for retirement, but 48% say they’re using checking or savings accounts to save.

How a 401(k) can benefit your small business

When SMB employees are offered a 401(k) plan, they save more than the industry average.

Access to an employer-sponsored retirement plan is the top reason SMB employees start saving for retirement.

Subscribe to our Retirement Roadmap newsletter

Retirement isn’t just a destination. It’s a journey, and we’re here to help you. Our newsletter delivers succinct and timely tips, reviewed by Financial Advisors, to help you navigate the path to financial independence.

By providing your email above or subscribing to our newsletter, you agree to our Privacy Policy. You also elect to receive communications from Human Interest.