Full-Time
Posted on 10/3/2025
End-to-end 401(k) plan administration for SMBs
$28 - $30/hr
Remote in USA
Remote
| , , |
Human Interest offers end-to-end 401(k) plan administration for small and mid-sized businesses. Its service syncs with payroll, processes contributions, and handles compliance and IRS paperwork, so employers can offer retirement benefits with minimal effort. It charges transparent, affordable pricing with zero transaction fees, including a 3% cashback on employee contributions to boost savings for lower earners. In addition, it provides financial education through the (k)ickstart classroom and focuses on strong customer service and mobile access.
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$602M
Headquarters
San Francisco, California
Founded
2015
Help us improve and share your feedback! Did you find this helpful?
Our 401(k) includes a dollar-for-dollar employer match up to 4% of compensation
Top-of-the-line health, dental, and vision, with employee premiums fully paid and dependent premiums 50% covered by Human Interest
Stock options for every employee
Generous PTO policy
HSA or FSA offering with an annual employer contribution
Short/Long-term disability and life insurance
Generous parental leave policy
Dollar-for-dollar match of employee donations to nonprofit 501(c)(3) organizations, up to $1,000 per year
Monthly work from home stipend
Annual wellness stipend
Human Interest to provide recordkeeping for UBS financial advisers. The platform offers direct integrations with more than 500 payroll partners. Reported by Human Interest Inc., a 401(k) and 403(b) plan provider, announced Monday that more than 5,000 UBS Group AG advisers will have access to the company's recordkeeping platform, which is designed to automate setup, administration and compliance for 401(k) and 403(b) plans. It can help with tasks such as rollovers into Human Interest plans and depositing withdrawals in as little as one business day, according to the announcement. Human Interest also offers direct integrations with more than 500 payroll partners, according to its internal data, allowing employers to monitor contribution flows and confirm funding status. "Advisers working with retirement plans shouldn't be held back by manual administration. We've built a turnkey ecosystem that automates the operational heavy lifting through deep integrations," said Chris Cupolo, Human Interest's head of strategic partnerships, in a statement. "This allows financial advisers to scale their practice and focus on high-value, holistic advice." According to the announcement, Human Interest has invested more than $200 million in product development for its platform. In January, Human Interest announced its "price match guarantee," calling it an "industry-first pledge" to match or beat verified offers from competing plan providers. The company also expanded its customer experience guarantee in August 2025, offering customer credit for missed benchmarks, and earned a J.D. Power certification in December 2025 for "outstanding customer service phone support." It also introduced an automated auditing process for midsize businesses' 401(k) plans in September 2025 and an investment lineup that included collective investment trusts for small and midsize businesses in October 2025. As of December 1, 2025, Human Interest was a recordkeeper for almost 50,000 customers and more than 2 million eligible employees. More than 650 advisory firms use Human Interest technology, according to the announcement.
The next fintech going public might surprise you. Welcome to TechCrunch Fintech! This week, Domlai is looking at Human Interest's path toward an IPO, fintech's newest unicorn, a slew of new fundraises, and more. To get a roundup of TechCrunch's biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story. SMB-focused 401k provider Human Interest last week announced a $267 million funding round, further paving the way for a public market listing. No timeline has been given. CFO Tripp Faix told TechCrunch: "We are looking to become a public company when the time is right." It's been wild watching this company grow. I first covered Human Interest when it raised a $40 million Series C in March 2020. It raised a few more rounds before BlackRock acquired a minority stake in the company in January 2023. Impressively, the company says it is "approaching cash flow break-even and has enough cash on the balance sheet to fund continued 70%+ year-over-year growth without additional capital." Fun fact: Layoffs.fyi founder Roger Lee co-founded Human Interest in 2015 and remains a director on its board. Analysis of the week. Fintech unicorns are getting to be about as rare as a four-leaf clover. According to CB Insights' State of Fintech Q2 Report, the number of new fintech unicorns born in the second quarter totaled just two. For comparison, in the second quarter of 2021, 49 new fintech unicorns were birthed. Altruist, a custodian for registered investment advisors (RIA), in May raised $169 million in a Series E funding round led by investment firm ICONIQ Growth that gave it a valuation of more than $1.5 billion. And in April, Paris-based startup Pigment raised a $145 million funding round, valuing it at $1 billion just five years after its inception. The enterprise software company offers a business planning platform for large companies to visualize their past financial performance and forecast upcoming quarters. Will Domlai see more unicorns in 2024? Scroll down to read about one more. Dollars and cents. Digital ledger API startup Fragment raised $9 million from fintech infrastructure executives from Stripe, BoxGroup, Avid Ventures, Zach Perret (Plaid), and Jack Altman (Lattice). Coast, a startup that describes itself as "a financial services platform for the future of transportation," has raised $40 million in Series B funding led by ICONIQ Growth - just four months after announcing a $25 million venture round. Astor, a free personal finance platform for women that merges community and investing in an approachable way, raised $1.4 million. Sam Altman-backed Slope, a Silicon Valley-based B2B payments platform offering order-to-cash workflow automation for enterprise companies, secured JP Morgan Payments as the lead in a new $65 million strategic equity and debt financing round. Matera, a Brazilian company that provides instant payment, QR code payment and core banking software to financial institutions, received a $100 million investment from Warburg Pincus. What else Domlai is writing. Indian fintech Paytm's struggles won't seem to end. The company on Friday reported that its revenue declined by 36% and its loss more than doubled in the first quarter as it continues to grapple with a regulatory clampdown that has significantly curtailed business at its payments bank subsidiary. Fast-growing payroll provider Deel has made another acquisition - its third this year. Deel has acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren't disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million. African remittance fintech Pesa is in the final stages of acquiring the requisite licenses for rollout in the United States, having just recently launched in 27 European countries after seeing success in Canada.
Human Interest introduces enhanced 3(38) investment lineup to lower small-biz fees. San Francisco-based Human Interest Advisors today unveiled a new 3(38) investment fiduciary lineup designed to significantly lower costs for over 40,000 small and medium businesses. The new lineup, which includes Great Gray Collective Investment Trusts (CITs) with underlying investment in BlackRock index solutions, among other investment strategies, offers new investment options that Human Interest says are up to 63% less expensive than the previous options,reducing the average investment expense ratio of the model portfolios managed by HIA from 0.06-0.07% to between 0.04-0.05%. "We are creating a future where every American has access to the most efficient and effective tools for retirement savings. The addition of low-cost CITs across tens of thousands of our 401(k) plans is a major milestone in turning that vision into a reality," said Ronnie Cox, Investment Director for Human Interest Advisors. "This is more than a product launch - it's about changing the economic equation for retirement savers in the small and medium plan market." The change is projected to save nearly 675,000 participants of the plans who use HIA's model portfolios an estimated $1.6 to $2.4 million collectively in fees in the next year alone. It is the latest move in HIA's self-stated ongoing mission to maximize value for 401(k) clients. By providing broader access to investment strategies at prices historically only available to large plans, HIA said it continues to promote fee transparency and lower costs for businesses of all sizes. HIA is one of the first investment advisors to enable access to CITs through a centralized platform of tens of thousands of plans through a single 3(38) lineup. HIA said in a press release that today's development extends its "track record of innovation and disruption by minimizing fees, enabling businesses to offer retirement plans with low-cost investment options that help simplify plan setup and ongoing management." The company claims several industry firsts: eliminating transaction fees, offering a cash-back incentive program for plan participants, and the first of its kind money-back customer experience guarantee.
Morgan Stanley Tactical Value will invest up to $50 million in Human Interest Inc., a 401(k) provider, as part of a Series E funding round. This investment brings Human Interest's total financings to over $700 million. The funds will support the development of an enhanced version of their PartnerConnect platform. Human Interest is expanding 401(k) access, especially for hourly workers, and is progressing towards public company readiness, though no IPO timeline is set.
Human Interest helps small companies set up 401(k) services.