

Press releases

May 12, 2023
Human Interest: Top 401(k) Provider Now in Utah’s Silicon Slopes
Human Interest continues to win accolades and is doubling down on Customer Experience with a new office in Utah’s Silicon Slopes

January 13, 2023
Human Interest and BlackRock Join Efforts to Expand Access to Retirement Plans for Working Americans
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...

December 06, 2022
Neighborly® Selects Human Interest as 401(k) Preferred Vendor
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.

November 01, 2022
How Have Workers Changed Their Attitudes About The Retirement Experience?
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.

May 05, 2022
Narrowing the SMB retirement savings gap
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.

May 03, 2022
Human Interest Appoints Catherine Wong, Domo COO and EVP of Engineering, to Its Board of Directors
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.

April 13, 2022
Some workers think they won't have enough money to last the rest of their life
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.

April 13, 2022
Nearly half of respondents believe you can be “too old” to start saving for retirement
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.

December 14, 2021
Human Interest Appoints Abhi Mishra as Chief Technology Officer
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, and will apply his expertise in building world-class customer experiences and highly scalable infrastructure to expand Human Interest's platform. He will lead both product and engineering functions and will be focused on significantly expanding both following Human Interest’s Series D funding round in August 2021.

November 04, 2021
Human Interest Appoints New Independent Board Members as it Prepares for IPO
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.

August 04, 2021
The Rise Fund Leads $200M Series D Investment in Human Interest to Accelerate Growth and Societal Impact
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.

February 11, 2021
Human Interest Completes $105M Series C Following Breakout Year in 2020
Amid record-breaking growth, SMB 401(k) provider Human Interest today announced a hefty $55M capstone to its Series C funding. Led by Glynn Capital, an existing investor, with participation by new investor NewView Capital, the additional financing brings the round to $105M and Human Interest’s total funding to $136.7M.

November 19, 2020
Study Reveals What It Means to Feel Financially Well Today
In a national survey, conducted by Human Interest, small business employees reveal what it means to feel financially well today. They are 5x more likely to say that financial wellness is about not feeling stressed about money vs. having a high net worth or high income.

September 15, 2020
Human Interest Eliminates 401(k) Transaction Fees, Reimagines Retirement Benefits to Support Underserved Workforce
Human Interest continues to redefine retirement benefits by offering small and medium-sized businesses and their more than 60 million employees access to an affordable, easy-to-use 401(k).

July 08, 2020
The Magnitude of the Racial Retirement Wealth Gap; How Employers Can Help Close It
Today, Human Interest, the full-service 401(k) provider for SMBs, releases a meta-analysis report on the magnitude of the racial retirement wealth gap, with actionable steps for employers on how to help close it.

May 20, 2020
Human Interest Sees Increased Demand for Retirement Benefits; Raising Capital to Support Growth and Product Development
Human Interest, the affordable, full-service 401(k) provider for small and medium-sized businesses (SMBs), today announces that it is upsizing its Series C financing to $50 million. The company is raising additional capital in response to strong customer demand, even during the COVID-19 crisis.

May 06, 2020
Wage Gap Worsens Over Time; Women’s Retirement Could Be Even More at Risk According to New Report on SMB Employees’ Retirement
New data examines the 401(k) and 403(b) contribution rates of SMB employees by industry, region, age, gender, and more.

March 11, 2020
Human Interest on Track to Bring Retirement Benefits to Millions of Americans
With this $40 million C round, Human Interest has raised more capital than any other startup 401(k) provider. With this additional capital, we will continue to focus on making it easier and more affordable for employers to offer this important benefit to their employees.
As seen in


Media coverage

February 15, 2023
Human Interest Helps SMBs Attract and Retain Talent with User-Friendly, Affordable Retirement Plans
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.

January 13, 2023
BlackRock acquires minority stake in SMB 401(k) provider Human Interest
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.

January 13, 2023
BlackRock, World’s Largest Asset Manager, Buys Stake in Small-Business 401(k) Startup
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.

December 13, 2022
Robo 401(k) Providers Are Still Open to Crypto Options
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."

December 06, 2022
Neighborly Selects Human Interest as 401(k) Plan Vendor
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.

December 01, 2022
The Post-Pandemic Retirement Reshuffle: Getting Employees To Refocus On Saving
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%).

November 14, 2022
Will Wealth Advisors Ever Get Interested in the 401(k) Plan Business?
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.

November 10, 2022
Employees May Be Retiring Later, But Transition To ‘Pre-retirement’ Is A Big Factor
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.

November 10, 2022
How Americans Could Save $83 billion With One Tweak to the 401(k) System
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.

November 04, 2022
Not Sure About Retiring? Maybe You Should Try ‘Pretirement’
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 ...

November 02, 2022
How Workers Have Changed Their Attitudes About Retirement
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).

November 01, 2022
COVID-19 Gave People A ‘Revelation’ About Retirement
“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.”

October 17, 2022
'The Innovator’s Dilemma:' A Roadmap to Survive Disruption in the 401(k) Space
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.

October 13, 2022
How To Protect Your 401(k) From A Market Crash
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?

October 07, 2022
Should Remote Workers Be Paid Less Than Those In The Office? Experts Weigh In.
Remote work has eliminated some of the geographic barriers that dictated pay in the pre-Covid-19 era. Now, many companies are wrestling with how to determine pay for remote workers. Experts say there are several best practices.

September 14, 2022
6 Budgeting Tips Every Retiree Needs to Know
Budgeting doesn't end when you enter into retirement. The length of retirement is unknown and it's critical that retirees do not run out of money in their later years. An emergency fund matters now more than ever for retirees. Eric Phillips, CFA and senior director at Human Interest, said with the current uncertainty of the markets it is even more important to have an emergency fund in retirement in the event something outside of your normal expenditures comes up.

August 31, 2022
4 Reasons You Should Consider Taking a Sabbatical Before Retiring for Good
Taking an extended work break can actually benefit you when you return to your job. Kristina Wallender, chief experience officer at Human Interest, a 401(k) provider, has taken a sabbatical every six years and said it has helped her in her career. “I set out to focus my first sabbatical on non-career goals like travel,” she said. “What surprised me were the many unanticipated professional benefits."

August 15, 2022
Location, Location, Location: The State of Geographic Pay Differentials
Determining how to handle geographic pay differentials isn’t a new challenge for employers. But it’s fair to say that it’s become a bigger concern for many employers since the arrival of the coronavirus and the overnight explosion of remote work that came with it. Debbie Gunning, Human Interest’s vice president of talent three years ago, today, Gunning is one of more than 600 Human Interest team members. About 200 of these employees still call Human Interest’s Golden City headquarters home, with the rest working remotely throughout more than 40 U.S. states.
Company News

May 12, 2023
Human Interest Recognized as Top Rated 401(k) Provider by G2 and TrustRadius; Also Wins Stevie Award for Achievement in Customer Satisfaction
Human Interest continues to win accolades and is doubling down on Customer Experience with a new office in Utah’s Silicon Slopes.

March 13, 2023
FAQs: Impact of bank closures on Human Interest and our customers
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.

January 13, 2023
BlackRock Invests in Human Interest
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.

November 10, 2022
How Americans Could Save $83 billion With One Tweak To The 401(k) System
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.

November 01, 2022
How Have Workers Changed Their Attitudes About The Retirement Experience?
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.

September 23, 2022
Custodian transfer FAQs
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.

May 05, 2022
Narrowing The SMB Retirement Savings Gap
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.

May 03, 2022
Human Interest Appoints Catherine Wong, Domo COO and EVP of Engineering, to Its Board of Directors
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.

April 13, 2022
Nearly Half Of Respondents Believe You Can Be “Too Old” To Start Saving For Retirement
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.

December 21, 2021
Human Interest Appoints Abhi Mishra as Chief Technology Officer
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.

November 04, 2021
Human Interest Appoints New Independent Board Members as it Prepares for IPO
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.

August 04, 2021
The Rise Fund Leads $200M Series D Investment in Human Interest to Accelerate Growth and Societal Impact
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.

May 03, 2021
Celebrating the Big Moments of Small Businesses
It’s no secret: we admire the work of small business owners. Every day we are inspired by the persistence and… Read More

March 15, 2021
The Human Interest Learning Center: Your new hub for financial wellness
We heard you! Human Interest exists to make it easier to start offering a 401(k)—but that’s not all.

February 11, 2021
Human Interest Completes $105M Series C Following Breakout Year in 2020
Amid record-breaking growth, SMB 401(k) provider Human Interest today announced a hefty $55M capstone to its Series C funding. Led by Glynn Capital, an existing investor, with participation by new investor NewView Capital, the additional financing brings the round to $105M and Human Interest’s total funding to $136.7M.

September 15, 2020
Goodbye 401(k) Transaction Fees
We’ll come right out and say it: The 401(k) industry is notorious for being filled with dozens of sneaky, shady… Read More

September 15, 2020
Meet the New Human Interest
Zero 401(k) transaction fees. New brand. New tech platform. Five years ago, we launched our first retirement plan Helping our… Read More

June 10, 2020
Recordkeeping transition FAQs
New updates will ease the administration of your retirement plan and help your employees save for retirement. Now, we have… Read More