Human Interest

Human Interest is a San Francisco-based retirement benefits provider that offers 401(k) and 403(b) plans to small and mid-sized businesses through a technology platform that automates plan administration. The company positions itself against legacy recordkeepers by bundling plan design, payroll-synced contribution processing, compliance work, IRS filings, co-fiduciary investment oversight, loan and distribution approvals, and employee support into a single service. Employers select a plan design, connect a payroll provider (the company cites more than 600 payroll integrations) and a bank account, after which eligibility, salary changes, and contributions sync each pay run. New plans can reportedly be set up in minutes and existing plans transferred in as few as eight business days. Employees are defaulted into a diversified portfolio or may build a custom portfolio from the plan's fund lineup, and the platform includes built-in investment education.

The company markets a set of features it describes as industry firsts: elimination of more than 20 per-transaction fees for both plan sponsors and participants, a 3% cash-back incentive up to $250 for lower-wage employees to begin saving ((k)ickstart), a money-backed customer experience guarantee with published service standards, coverage of the independent audit cost required for plans with 100+ participants (Audit Relief), reimbursement and legal referrals in the event of a Department of Labor audit (DOL Audit Defense), and absorption of the cost of mailing required participant notices. Investment advisory services are provided by Human Interest Advisors, LLC, an SEC-registered investment adviser.

Human Interest frames its mission around the US retirement savings gap, citing figures that only 13% of small and mid-sized employers offer a 401(k), leaving roughly 4.9 million employers and 33+ million workers without a workplace savings option. Its 2026 leadership team comprises CEO Jeff Schneble, CRO Rakesh Mahajan, Chief Legal & People Officer Klinton Miyao, CTO Abhi Mishra, CFO Tripp Faix, and Chief Accounting Officer Natalia Voronina.