Human Interest Retirement Benefit Plans

Human Interest Retirement Benefit Plans

Affordable, customizable, and automated retirement benefit plans for small to medium-sized businesses.

State-mandated retirement plans

According to a National Institute on Retirement Security report from 2021, nearly 57 million (just under half) of private sector working Americans lack access to a workplace retirement plan*. To help individuals save for retirement, states across the country have enacted retirement savings programs

Many states have passed legislation regarding retirement plans—and have upcoming registration deadlines. It’s more important than ever to figure out what’s required of your business, as well as to find the best retirement plan for you and your employees.

What SMBs Should Know

Employees are 15 times more likely to save for retirement* when their company offers a retirement plan. So while state-sponsored programs are encouraging more individuals to save for retirement, they can lack the flexibility and control businesses expect and SMBs need. Many of the programs rely on a Roth IRA, which has a much lower contribution limit compared to a 401(k), impacting the overall growth potential of your plan.


Why Human Interest?

Running a business is tough. Managing your retirement accounts shouldn’t be. Offer your employees the benefits they are looking for without putting a strain on your company resources.

Human Interest takes the hassle out of the day-to-day operations of managing your 401(k), by creating employee accounts, processing contributions every pay period and syncing them with your payroll provider, and ensuring that compliance testing and paperwork is completely taken care of.

Easy, automated, and affordable 401(k) and 403(b) programs with the same benefits as big-name 401(k)s at half the cost and with nearly zero administration effort.



Human Interest offers numerous benefits for both you and your employees.

  • Easy setup and administration
    Enrollment, contributions, and compliance are all completely streamlined or automated.


  • Zenefits integration
    “No-Touch” integration with Zenefits eliminates the time-consuming and manual work of managing your 401(k).


  • Customized investment advice
    Get investment advice with personalized features from an SEC-Registered Investment Adviser* who acts as a fiduciary, or choose to self-manage funds.


  • Quality investment options
    Access low-cost Vanguard index funds from every major asset class and risk category. Access to almost any mutual fund or low-cost index fund available on the open market.


  • Ongoing account management
    An account management team will oversee the setup process and support your plan administrator, as well as employees.


  • Affordable, transparent pricing
    With three pricing plans, you can choose the 401(k) that fits your needs and find the best plan for your business.

How it works

Human Interest makes it easier for small and medium-sized businesses to offer and administer a 401(k) or 403(b) plan to their employees. See how a Human Interest + Zenefits integration could work for both admins and employees at your company

Frequently Asked Questions

What does a "no-touch" integration mean?

That means that businesses who use Zenefits’ payroll software will be able to offer a Human Interest 401(k) or 403(b) to their employees without any manual work that’s involved in managing a company’s retirement plan, such as updating contributions amounts, sending out compliance notifications, etc.

What's the difference between a 401(k) and a 403(b)?

If you're a non-profit wondering which option is best for you, check out Human Interest's blog article reviewing the differences between these two retirement plans.

How much does a 401(k) or 403(b) cost employers?

Employer pricing for Human Interest plans starts at $120 per month base fee + $4 per employee per month.

If you're starting a plan for the first time, you may qualify for tax credits.

If you already have a plan, talk to us so we can help you see if you qualify to save money on a deconversion fee.

What tax credits are available to employers?

Businesses starting a 401(k) or other retirement plan may be eligible for tax credits including:

1) The Retirement Plans Startup Costs Tax Credit, which allows eligible employers to claim 50% of their ordinary and necessary startup costs up to $5,000 per year for up to three years. Employers may choose to start claiming the credit in the tax year before the tax year in which the plan becomes effective. Expenses incurred by employers to educate employees about the plan are also eligible.

2) There is a tax credit for new and existing 401(k) plans when they add an auto-enroll feature. The value of that tax credit is $500 per year for three years (a total of $1,500).

Why should I offer an employer match? Do I have to?

Outside of the tax deductions given to employers for making contributions to their employees’ retirement accounts, the employer match is a powerful recruiting tool to attract top talent.

No, employers are not required to provide a match, though many do! 75% of all Human Interest plans offer an employer match (as of 1/3/22, Human Interest data). Matching can be a powerful incentive for both hiring and retaining talented employees and there are major tax incentives for employers that offer a match.

Do I have to offer a retirement plan?

Many states have passed legislation regarding retirement plans—and have upcoming registration deadlines. It’s more important than ever to figure out what’s required of your business, as well as to find the best retirement plan for you and your employees.

Which states have passed legislation?

Since 2012, 46 states have either implemented a state-based retirement savings program, studied program options, or considered legislation. Today, there are 14 states and two cities that have enacted new programs for private sector workers. Of that number, five states have an active program.

If you work or have full time employees in California, Illinois, New Jersey, New York, or Oregon, there is active legislation and states with upcoming deadlines.

Learn more here

How do I set up the Human Interest integration?

To set up the Human Interest integration, click Add an App at the bottom of your Zenefits dashboard. You'll be taken to the Human Interest site to either set up a new account, or log into an existing account.
Note: this option isn't available for all companies, so if you don't see the app, reach out to our support team for more information.

Once you're all set up with your Human Interest account, you can use the Sync with Zenefits button to push information over to Zenefits. Zenefits will present a list of all the information shared with Human Interest for you to authorize.

After you set up contributions in your Human Interest account, these will flow into worker Pay Templates in Zenefits Payroll. Anytime you need to change a deduction or contribution, this should be done directly in your Human Interest account.

Starting your plan with Human Interest is easy.

It only takes a few minutes.