Human Interest logo

Human Interest

by Human Interest · Since 2015
No reviews yet
Active1+ countriesCloud
Quick facts
VendorHuman Interest
Year launched2015
StatusActive
Location655 Montgomery St, Suite 1800, San Francisco, California 94111, USA
Countries served1+
Languages1
Integrations11+
Free tier
Free trial
Contact sales

About Human Interest

Human Interest is a retirement plan software from Human Interest that helps businesses offer 401(k) plans. It provides automated plan administration, customizable investment options, and employee education resources so employers can efficiently manage retirement benefits. This platform is designed to simplify the complexity of retirement planning for both employers and employees, ensuring compliance with regulations and fostering financial wellness. Users can access a dashboard for real-time insights and reporting, making it easier to adjust contributions and track progress. Key capabilities: automated plan administration customizable investment options employee education resources real-time dashboard compliance support Best for: small to medium-sized businesses that need a reliable solution for managing employee retirement plans.

Human Interest by Human Interest is a robust investment management platform designed to streamline the administration of 401(k) and 403(b) retirement plans for small to medium-sized businesses. The software’s primary aim is to simplify the traditionally complex process of offering retirement benefits, making it more accessible to businesses of all sizes. With a focus on automation, customization, and transparency, Human Interest empowers employers to provide their teams with valuable retirement savings options while reducing the administrative burden. Key features, such as seamless payroll integration and compliance monitoring, ensure that businesses can offer retirement plans efficiently and with confidence. One of the platform’s standout qualities is its user-friendly interface. The dashboard is thoughtfully designed, with a clean and intuitive layout that makes it easy for both employers and employees to navigate. Features like quick-access menus and real-time data visualizations enhance usability and accessibility, even for users with limited technical experience. This intuitive design ensures that employers can manage plan administration effectively while enabling employees to monitor and engage with their retirement savings effortlessly.

Pros & Cons

What users like
  • +Ease of Use: Simple and intuitive interface for both employees and administrators.
  • +Seamless Integration: Integrates well with popular HR and payroll platforms like Rippling.
  • +Automated Features: Automates key administrative tasks, saving time and effort.
  • +Modern Experience: Provides a modern and user-friendly experience for employees.
  • +Educational Resources: Offers resources to guide employees in making informed investment decisions.
What users flag
  • Limited Customization: May not offer the level of customization some businesses require.
  • Customer Service Issues: Some users have reported issues with customer service responsiveness.
  • Investment Tracking Limitations: Limited investment tracking features, especially for advanced users.
  • Fund Selection: May have a limited range of investment options compared to other providers.
  • Account Migration Challenges: Some users have encountered difficulties migrating their accounts from other providers to Human Interest.

Features

Key features

1. Easy and Affordable
Designed for small and medium-sized businesses (SMBs) with focus on reducing administrative burden and offering low-cost plans.
2. Zero Transaction Fees
Human Interest boasts no hidden fees for employers or employees.
3. (k)ickstart™ Program
Offers a unique incentive of 3% cash back on employee contributions (up to $250) for those making $60,000 or less and contributing at least 8% of their paycheck.
4. Payroll Integration
Integrates with over 500 leading payroll providers for seamless contribution processing.
5. Modern User Interface
Provides user-friendly dashboards for both employers and employees for easy account management and investment tracking.
6. Financial Education
Includes a free 10-part course, (k)ickstart™ Classroom, to educate employees, especially first-time savers, about retirement planning and investing.
7. Award-Winning Customer Service
Offers support through various channels, including webinars in English and Spanish.
8. Compliance Management
Handles all required ERISA compliance testing and IRS paperwork for employers.
9. Flexible Plan Options
Offers a variety of plan choices including Traditional and Roth 401(k)s, 403(b)s, safe harbor plans, and profit-sharing plans. Employers can customize matching and vesting options.

Additional features

1. End-to-End Administration
Handles all aspects of plan administration, from payroll syncing and contribution processing to compliance tasks.
2. Plan Cost Calculator
Provides a tool to estimate the cost of a retirement plan.
3. Tax Credits
Informs employers about potential tax credits available for setting up a retirement plan.
4. Customer Reviews
Allows employers to see positive reviews from other businesses using Human Interest.
5. Learning Center
Offers resources dedicated to employers for learning about 401(k) administration and compliance.
6. State Mandates
Provides information on state-mandated retirement savings programs.
7. Contact Information
Includes phone numbers and a link to the support center for employers.
8. Mobile-Optimized Experience
Enables easy account access and management through a mobile app.
9. Seamless Onboarding
Makes enrolling and starting contributions simple for employees.
10. Investment Education
Provides educational resources within the platform to help employees make informed investment decisions.
11. Built-in Investment Options
Offers a selection of investment choices within the plan.
12. Partnership opportunities for accounting professionals, benefit brokers, financial advisors, and financial institutions.
13. Industry-specific solutions for startups, franchises, non-profits, and restaurants.
14. Case studies showcasing how other companies have benefited from Human Interest plans.
15. Blog with articles and insights on retirement planning.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Essentials

USD 120

Complete

USD 160

Concierge

USD 200

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

USA

Interface languages

English

Billing currencies

🇺🇸USD

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