Human Interest Unveils Third Generation of Human Interest Fabric™, the Industry’s Leading White-Label 401(k) Platform

SAN FRANCISCO, December 18, 2025 - Human Interest, Retirement Industry Disruptor^TM and the fastest growing 401(k) provider,¹ today announced the third generation of its embedded retirement technology platform, Human Interest Fabric™ (“Fabric”), that allows payroll providers, financial institutions, accountants, and other financial services providers to embed retirement plans into their products. 

Since launching the first version of Fabric in 2019, Human Interest has seen rapid adoption, with over 18,000² customers of partners now signed up for a 401(k) through the embedded platform - establishing Human Interest as the industry’s largest provider of white-label retirement plans.³

While Human Interest is unable to disclose the partners who are participating in Fabric, they include some of the largest financial institutions and payroll providers in the world.⁴ Rakesh Mahajan, Chief Revenue Officer, Human Interest, said, “As we’ve become the fastest growing retirement provider in America, we’ve also quietly become the largest white-label retirement platform. We never want to steal our partners’ thunder, but we do want to share the news of this new release and its adoption as the industry’s leading white-label solution.”

The Fabric platform seamlessly integrates Human Interest’s top-rated retirement technology⁵ for partners, allowing companies to embed retirement plan offerings directly into their payroll and financial applications, without needing multiple log-ins. The latest generation of Fabric adds several innovative new features purpose-built to meet partners’ unique needs:

Embedded functionality, not just branding: The newest release of Fabric enables full integration with a partner's native applications and workflows. Fabric is designed to function seamlessly within a partner's core technology, unlike other white-label providers who simply add a logo or color palette to their generic interface. 

Empowering users with active management: With Fabric, plan participants can do much more than simply view retirement account balances. Savers can instantly update their enrollment, change investment selections, or adjust savings rates directly from the payroll, finance, and benefits apps they use every day. 

Visibility across the payroll lifecycle: For employers, Fabric supercharges their preferred payroll platform into an operational command center for retirement plan administration. Employers can track ACH debits, monitor contribution flows, and confirm funding status without ever leaving their native payroll experience, ensuring better accuracy and control.

The "No-Cost Partnership Guarantee"

Other providers may charge millions in licensing fees for their white-label platforms. Human Interest is the only retirement provider to guarantee that partners will never pay an additional fee to use the Fabric platform.

Mahajan added, "Our priority is growing a joint customer base, not nickel-and-diming our partners for access to our technology. We are removing the barriers to entry so that every payroll provider, bank, and advisor can offer a native, high-quality retirement solution."

A partner-centric focus on innovation

Human Interest has spent more than $200 Million on product development in the last five years, more than all other digital retirement providers combined, and plans to continue investing heavily in products which provide a superior experience across the retirement ecosystem. 

In addition to the success of Fabric, the company has also seen rapid adoption of PartnerConnect™, an intuitive platform developed in close consultation with financial advisors to streamline 401(k) plan management. Since the launch of PartnerConnect in April 2025, over 500 financial advisor firms have onboarded nearly 5,000 clients onto the platform.⁶

The company’s partner-centric approach has contributed to its success: over 90% of the 45,000 companies using Human Interest originated from one of its 3,000 referring partners.⁷ In addition, Human Interest can integrate with nearly 600 payroll companies— significantly more than any other provider in the space. 

“Not only are we integrating with more payroll providers in the industry, but 99.6% of Human Interest’s integrations are direct integrations, which naturally delivers a better customer experience as opposed to using often-fragile 3rd-party middleware-based integrations,” added Mahajan.

About Human Interest

Human Interest, Retirement Industry Disruptor^TM, is focused on fixing a broken industry that often relies on legacy technology, manual processes, and offshored service models. Human Interest is transforming the way 401(k)s should work, including several industry firsts: eliminating transaction fees,⁸ offering a cash-back incentive program for plan participants, and the first of its kind money-back customer experience guarantee.⁹

Human Interest provides retirement benefits to nearly 50,000 companies, approaching 2 million employees.¹⁰ Human Interest expects to add more than 20,000 new 401(k) plans in 2025 alone, and estimates it will account for almost 40% of all new 401(k) plans started in the United States this year.¹¹ Human Interest has raised almost $1B¹² from investors including BlackRock, Baillie Gifford, SoftBank, TPG’s The Rise Fund, and investment funds managed by Morgan Stanley Tactical Value. Human Interest has raised more capital than all other independent digital 401(k) providers combined.¹³ For more information, please visit humaninterest.com.

1. Human Interest calculations based on total DC plans added in 2024 as reported to PLANSPONSOR and using plan count data for other providers from "Provider Rankings" reported in the PLANSPONSOR 2025 Recordkeeping Survey.

2. Human Interest data as of November 24, 2025. Includes white-label and cobrand.

3. Based on total plan count data as of 6/30/25 reported in the 2025 NAPA Black Book publication and customer count data published on provider websites as of December 18, 2025.

4. Participating partners as of December 2025 include large providers based on customer count platform assets, and/or assets under management, and include payroll providers, benefits platforms, accounting services platforms, banks and other financial institutions.

5. G2 and TrustRadius rankings. G2’s “Highest Rated 401(k) Software” list ranking as of November, 20, 2025. Ratings are based on the product’s satisfaction score, which is calculated by a proprietary algorithm that factors in real-user satisfaction ratings from review data. Of the 23 listed 401(k) software products, six products qualified. Human Interest’s overall G2 score is 4.3 out of 5, as of November 20. 2025. Ratings fluctuate in real-time. Solicited clients for reviews in exchange for de-minimis non-cash compensation. Solicitation and non-cash compensation make a customer more likely to portray Human Interest favorably. Testimonials may not be representative of the experience of others and past success does not guarantee future results. Previously, Human Interest offered gift cards as an incentive for customers to complete reviews. A higher value was offered for non-anonymous testimonials. Read our full disclosures here. TrustRadius Rating of 8.8 out of 10, as of December 1, 2025. Ratings fluctuate in real-time. Solicited clients for reviews in exchange for de-minimis non-cash compensation. Solicitation and non-cash compensation make a customer more likely to portray Human Interest favorably. Testimonials may not be representative of the experience of others and past success does not guarantee future results. Previously, Human Interest offered gift cards as an incentive for customers to complete reviews. “Top Rated 2025” award criteria: based entirely on customer reviews, 10 reviews required, Score of 7.5 or higher, and must earn >0.5% of all site traffic in the category. Read our full disclosures here.

6. Human Interest data as of December 18, 2025.

7. Human Interest calculation as of November 24, 2025, based on internal data tracking customer booking referral sources including partners and financial advisors.

8. For non-rollover distributions, shipping and handling fees may apply to requests for check issuance and delivery.

9. Participants are eligible for a maximum of four (4) successful claims per calendar year, with a limit of 1 (one) claim per month, and must submit a claim form. See full terms and conditions.

10. Includes all employees of Human Interest customers, regardless of participation in the employer sponsored plans, as of December 1, 2025.

11. Human Interest calculation and estimate as of December 2025 based on an independent analysis of recordkeepers reporting to PLANSPONSOR and/or the National Association of Plan Advisors. Human Interest estimates these sources cover over 98% of industry-wide 401(k) plans, verified against Department of Labor Form 5500 Pension Plan Bulletins data. 2025 estimates calculated by subtracting prior-year numbers from the total number of 401(k) plans self-reported by each recordkeeper in the current data release.

12. Includes the company’s credit facility.

13. Calculation based on publicly available information reported by digital retirement providers: 401GO, Betterment, Vestwell, and ForUsAll. Fundraising data for Betterment excludes secondaries and capital raised prior to launch of Betterment’s 401(k) offering.