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Human Interest in the news.

Press Contact

Madelyn McHugh

[email protected]

Press releases

Human Interest

September 06, 2023

Human Interest introduces Fast Track 401(k), the easiest way to set up a retirement plan

Radically simplified experience lets small and medium-sized businesses start a plan in 10 minutes or less.

Human Interest

July 18, 2023

Human Interest Brings 401(k)s to 250,000+ Logistics Workers Through RCPA Partnership

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

June 06, 2023

Human Interest Offers Industry-First 3% Cash Back for Retirement

Participants get paid to save with first-ever 401(k) provider cash incentive.

Human Interest

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

Globe News Wire

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...

Global NewsWire

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.

SWNS Digital

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.

BenefitsPRO

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.

GlobeNewswire

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.

OnePoll

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.

SWNS Digital

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.

globenewswire

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.

Globenewswire

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.

Globe Newswire

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.

Globe Newswire

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.

Globe Newswire

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.

BusinessWire

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).

PRweb

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.

As seen in

The New York Times
Fortune
Forbes
The Wall Street Journal
InvestmentNews
TechCrunch
PlanAdviser
HR

Media coverage

Forbes

March 05, 2024

America's Best Startup Employers

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.

Yahoo Finance

November 10, 2023

BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings

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.

MarketWatch

July 17, 2023

Delivery and logistics workers want access to 401(k) plans to save for retirement

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%.

Wall Street Journal

June 06, 2023

Can $250 Get You to Start Saving for Retirement?

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.

CardRates.com

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.

TechCrunch

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.

The Wall Street Journal

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.

Pensions & Investments

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."

401(k) Specialist

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.

Benefits Pro

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%).

Wealth Management

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.

HR Drive

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.

Benefit News

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.

Fast Company

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 ...

The New York Post

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).

Market Watch

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.”

Wealth Management

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.

Bankrate

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?

Company News

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December 15, 2023

Human Interest Named to Fortune’s Impact 20 List of World-Changing Startups

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.

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December 12, 2023

Hospitality Workers Least Prepared for Retirement, New Industry Ranking Reveals

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.

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September 06, 2023

Human Interest introduces Fast Track 401(k), the easiest way to set up a retirement plan

Radically simplified experience lets small and medium-sized businesses start a plan in 10 minutes or less.

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July 18, 2023

Human Interest Brings 401(k)s to 250,000+ Logistics Workers Through RCPA Partnership

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.

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June 06, 2023

Human Interest Offers Industry-First 3% Cash Back for Retirement

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.

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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.

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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.

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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.

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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.

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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.

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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. 

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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.

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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.

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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.

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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.

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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.

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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.

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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