Betterment is an investing and savings app that serves one purpose—to help you grow your money.
For one low, transparent fee, you can invest your money with automatic deposit and trading features that put your money to work.
Earn with interest and investment growth—plus maximize your savings with rewards on your everyday spending.
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Human Interest
Score9.2 out of 10
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Human Interest headquartered in San Francisco offers their cloud-based 401k administation platform for employers featuring flexible plan design and a dedicated account manager.
$125
per month
Pricing
Betterment
Human Interest
Editions & Modules
No answers on this topic
Essentials
$120 + $5 per eligible employee
per month
Complete
$160 + $7 per eligible employee
per month
Concierge
$200 + $9 per eligible employee
per month
Offerings
Pricing Offerings
Betterment
Human Interest
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
$499 one-time fee
Additional Details
Annual fee is 0.25%
Human Interest offers three products, for a choice of 401(k) or 403(b) that fits an organization's needs. All plans offer an all-in-one, no touch 401(k) to make it easy for employers to run and for employees to save. All plans have a setup fee of $499.
*Human Interest's average employee expense is 0.57%, compared to a 1.64% average for small 401(k) plans. Source: 401(k) Averages Book, 18th Edition.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Director of Operations, Administration, and Finance in Finance and Accounting at Center for Empowering Refugees & Immigrants (Non-profit Organization Management, 11-50 employees)
Chose Human Interest
We selected Human Interest based on it's pricing to the organization as well as pricing for employees (there is a discount for also being a Zenefits customer), timeline for being able to set everything up, and ease of use of the system. We spoke with 4 different 401(k) plan …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Key User Insights
Would buy again
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Delivers good value for the price
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Happy with the feature set
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Lived up to sales and marketing promises
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Implementation went as expected
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Features
Betterment
Human Interest
401(k)
Comparison of 401(k) features of Betterment and Human Interest