Human Interest in the news.

Human Interest, the fastest-growing 401(k) provider, today announced significant steps towards public company readiness with financings of $267M and key hires and board appointments, all of whom share deep, first-hand experience taking companies public.

Human Interest announced today that it earned a spot on Fortune Best Place to Work in the Bay Area 2024 and was Certified™ as a Great Place To Work® for the second year in a row.

Human Interest Advisors (HIA) announced their appointment of two veteran investment experts to the board to help 401(k) plan sponsors provide their participants with diversified and affordable investment options.

Human Interest breaks new ground to make retirement programs even more accessible for SMBs. The company is the first to market with three new services for customers that remove even more barriers which can make providing retirement benefits costly, risky, and difficult.

Human Interest, the fastest-growing, top-rated 401(k) provider, introduces Fast Track 401(k), a radically simplified experience lets small and medium-sized businesses start a plan in 10 minutes or less.

Human Interest, one of the fastest-growing 401(k) providers in the country, has been selected as the exclusive 401(k) partner for the Route Consultant Purchasing Alliance (RCPA), a premier membership organization for logistics professionals.

Human Interest is the first 401(k) provider to offer a cash back reward to participants. The incentive is available to qualifying participants who make at or below the U.S. median wage of $60,000, putting cash directly in the wallets of American workers who need it most.

Human Interest continues to win accolades and is doubling down on Customer Experience with a new office in Utah’s Silicon Slopes

Human Interest and BlackRock today announced the firms will join efforts to expand access to retirement plans to small and medium-sized businesses across the United States. BlackRock Inc. (NYSE: BLK) is making a minority investment and leading a financing round to support the next phase of Human Interest’s growth...

Fast-growing 401(k) provider Human Interest has been selected by Neighborly®, the world's largest home services company, to provide access to retirement savings plans to thousands of home services professionals in the Neighborly franchise network.

A new poll of 2,002 U.S. adults ages 35–70 discovered the pandemic has had far-reaching effects on how employees are planning both their retirement and “pretirement” – a new life stage serving as a transition period between full-time work and retirement.

Human Interest studied how this disparity impacts a large section of the American workforce that is saving for retirement without the help of employee-sponsored plans. Data reveals employees of small businesses are eager to save for retirement when given the chance.

Human Interest, a fast-growing 401(k) provider, today announced it has appointed Domo Chief Operating Officer and Executive Vice President of Engineering Catherine Wong to its board. Wong joins Human Interest as the company’s growth accelerates.

Conducted by OnePoll on behalf of retirement benefits provider Human Interest, a recent survey of 2,000 Americans, half between the ages of 18–29 and half between 30–64, looked at how these groups plan for retirement across various fields of employment.

You don’t need an office job to start saving for retirement, but a whopping nine in 10 industrial workers still think they do. A recent survey of 2,000 Americans, half between the ages of 18–29 and half between 30–64, looked at how these groups plan for retirement across various fields of employment.

Mishra has significant experience growing both early-stage products and multi-billion dollar businesses, and will apply his expertise in building world-class customer experiences and highly scalable infrastructure to expand Human Interest's platform.

Fast-growing SMB 401(k) provider Human Interest today announced it has appointed two new board members: Jane Alexander, Chief Marketing Officer of Carta, and Bruce Felt, Chief Financial Officer of Domo, who also will serve as chairman of the board’s Audit and Risk committee.

Human Interest today announced that it has raised a $200M Series D round led by The Rise Fund, TPG's global impact investing platform, and joined by SoftBank Vision Fund. The round comes just six months after the completion of Human Interest’s Series C, bringing the total amount raised over the last 12 months to $305M and valuing the company at $1B.

Considerable research shows that businesses that prioritize employee happiness have workers who are more engaged and productive. And the companies on this year’s list of America’s Best Startup Employers, which includes Human Interest, have figured this out.

A recent study by BlackRock and Human Interest shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could have almost $625,000 less than their counterparts with employer retirement programs.

Logistics workers — the people who are responsible for the thousands of packages delivered to consumers every day — are hungry for retirement plans. More than eight in 10 of these eligible workers are participating in a plan now, compared to all of the eligible workers on Human Interest’s platform, who have a participation rate of 70%.

401(k) administrator Human Interest is taking advantage of new rules allowing cash incentives for retirement plans. The fast-growing administrator of 401(k) plans for small and midsize companies is offering workers a new incentive to start saving for retirement: up to $250 in cash.

Businesses often struggle to provide retirement benefits to employees, especially when legacy providers lack transparency in pricing. Human Interest was developed to address the gap in retirement offerings among small and mid-sized businesses. By making 401(k) and other protective packages more accessible to employees, SMBs can attract and retain more talent.

Human Interest’s digital retirement benefits platform allows users “to launch a retirement plan in minutes and put it on autopilot,” according to the company. It also touts that it has eliminated all 401(k) transaction fees. The startup told TechCrunch previously that it works with “every kind of SMB” — from tech startups to law offices, to dentists to dog walkers, to manufacturing firms, to social justice nonprofits.

BlackRock, the world’s largest asset manager, on Friday said it is making the investment in Human Interest Inc., a San Francisco company that has offered 401(k) plans since 2015.

Anne Ackerley, who leads BlackRock’s retirement group, said the stake in Human Interest is BlackRock’s first in the 401(k) industry.

One fintech 401(k) plan provider is taking the risks to heart and saying no to cryptocurrency. Human Interest Inc. does not offer cryptocurrency investments and has no plans to do, said Wendy Baker, Human Interest's Greensboro, N.C.-based senior legal counsel for retirement products and compliance.

"In fact, the leadership team at Human Interest is concerned by the plans of providers to offer speculative investments like cryptocurrency."

Human Interest 401(k) plans will be available to over 4,400 franchise locations, including Molly Maid, Mr. Electric, Mosquito Joe, Glass Doctor, and others. A few Neighborly franchises have already rolled out Human Interest 401(k) plans to their employees.

“Human Interest makes it easy for Neighborly franchise owners to save for their future and allows owners to stand out as an employer of choice in their community by offering competitive retirement benefits to their employees,” said Luke Stanton, president of ProTradeNet.

According to a recent study commissioned by Human Interest (and can be seen in infographic below), roughly one in three Americans said the pandemic had changed everything about their retirement decisions — how they save (31%), what they want to do (31%) and when they want to retire (29%).

Some of the fintech record-keepers, especially those that work with payroll companies like Guidelines and Human Interest, or those that support b/ds like Vestwell, are winning a lot of new plans, mostly startups. But there’s a reason they need hundreds of millions of venture capital and private equity investments to stay afloat.

With the pandemic’s after-effects and ongoing inflation, people have had a revelation about retirement,” Eric Phillips, a Human Interest senior director, stated in a Nov. 1 release. “That includes ‘pre-retirement’ as well, so it’s more important than ever to keep both one’s financial present and future in mind,” he said.

There's a looming retirement crisis in the next few decades if we don't get smart and creative about how to close the $28 trillion retirement gap in the U.S. (the difference between what we've saved and what we'll need to spend when we retire, estimated as of 2015). Auto-enrollment has the potential to be a game-changer.

What do Serena Williams, Trevor Noah, and Dr. Anthony Fauci have in common? They all decided to “retire” from successful careers. Another thing they have in common? They’re not ready to hang it up just yet ...

Small and medium-sized business (SMB) employees were more affected by the pandemic than those working for large companies — 72% of those working at organizations with 250 to 499 employees said they will retire later than planned, 35 points higher than those working at large companies (1,000 employees or more).

“With the pandemic’s aftereffects and ongoing inflation, people have had a revelation about retirement,” said Eric Phillips, senior director, partnerships and strategic insights at Human Interest. “The pandemic changed so much about retirement. It forced us to re-evaluate our lives and futures.”

Vestwell seeks to partner with broker/dealers like Morgan Stanley and record-keepers that sell through advisors. Others, like Human Interest, with 100 recently hired salespeople and rumored to be partnering with Amazon’s distribution network, are for real.

You’ve spent much of your entire working life building up your 401(k) and then along comes a severe market downturn to threaten your retirement plans – what can you do to ensure that your portfolio stays protected?

Human Interest announced today that it earned a spot on Fortune Best Place to Work in the Bay Area 2024 and was Certified™ as a Great Place To Work® for the second year in a row.

Human Interest has been named to the Fortune Impact 20 list. The award highlights venture- and private-equity-backed startups that drive social and environmental change through innovative business models.

Workers in the hospitality industry feel the least prepared for retirement compared to their peers in other sectors, according to a new study by Human Interest, the top-rated and fastest-growing 401(k) provider. Human Interest and OnePoll conducted a survey of 2,000 workers across 11 industries about their retirement saving activities and attitudes. Each industry was scored against a set of nine retirement preparedness factors.

Human Interest introduces a radically simplified experience that lets small and medium-sized businesses start a 401(k) plan in 10 minutes or less. This is the latest step in Human Interest’s mission to close the retirement savings gap.

Human Interest, one of the fastest-growing 401(k) providers in the country, has been selected as the exclusive 401(k) partner for the Route Consultant Purchasing Alliance (RCPA), a premier membership organization for logistics professionals.

Human Interest, one of the largest and fastest-growing 401(k) providers in the country, is the first to offer a 3% cash back reward to participants who start saving for retirement. Limitations apply.

Human Interest continues to win accolades and is doubling down on Customer Experience with a new office in Utah’s Silicon Slopes.

Following the unfortunate news about the closing of Silicon Valley Bank and Signature Bank, we want to update our customers on the state of our retirement plan assets and Human Interest operations.

Human Interest and BlackRock today announced the firms will join efforts to expand access to retirement plans to small and medium-sized businesses across the United States. BlackRock Inc. (NYSE: BLK) is making a minority investment and leading a financing round to support the next phase of Human Interest’s growth.

There are three bipartisan retirement-related bills that the House and Senate are attempting to reconcile before the end of the 2022 legislative session (generally referred to as "SECURE 2.0"). The House bill includes one simple feature — automatic enrollment — that has the potential to enable greater financial security for millions of hard-working Americans.

A new poll of 2,002 U.S. adults ages 35–70 discovered the pandemic has had far-reaching effects on how employees are planning both their retirement and “pretirement” – a new life stage serving as a transition period between full-time work and retirement.

A custodian is a financial institution such as a bank or a trust company that holds plan assets and executes trades, as directed by the recordkeeper. 

Human Interest studied how this disparity impacts a large section of the American workforce that is saving for retirement without the help of employee-sponsored plans. Data reveals employees of small businesses are eager to save for retirement when given the chance.

Human Interest, a fast-growing 401(k) provider, today announced it has appointed Domo Chief Operating Officer and Executive Vice President of Engineering Catherine Wong to its board.

Conducted by OnePoll on behalf of retirement benefits provider Human Interest, a recent survey of 2,000 Americans, half between the ages of 18–29 and half between 30–64, looked at how these groups plan for retirement across various fields of employment.

Mishra joins Human Interest from Amazon, where his organization built personalized shopping experiences for Amazon's ecommerce customers. He also previously served as a General Manager in AWS, Amazon's cloud division. Mishra has significant experience growing both early-stage products and multi-billion dollar businesses.

Fast-growing SMB 401(k) provider Human Interest today announced it has appointed two new board members: Jane Alexander, Chief Marketing Officer of Carta, and Bruce Felt, Chief Financial Officer of Domo, who also will serve as chairman of the board’s Audit and Risk committee. The additions come as the company continues to see significant growth, including in areas that have not traditionally offered retirement benefits.

Human Interest today announced that it has raised a $200M Series D round led by The Rise Fund, TPG's global impact investing platform, and joined by SoftBank Vision Fund. The round comes just six months after the completion of Human Interest’s Series C, bringing the total amount raised over the last 12 months to $305M and valuing the company at $1B.