title: What is Human Interest? - Company Overview & Details date: "2023-10-04" author: "Alexandra Bennett" avatar: "default-avatar" description: "Explore the mission, leadership, and innovative solutions offered by Human Interest, a company dedicated to making 401(k) plans accessible for small and medium businesses." tags: ["Human Interest", "401(k)", "Finance", "Technology"] category: "Business" readingTime: "6 min read"
What is Human Interest? - Company Overview & Details
In today's rapidly evolving business landscape, small and medium enterprises (SMEs) often face challenges in providing competitive employee benefits, particularly retirement plans. Human Interest aims to bridge this gap by offering affordable, zero-transaction fee 401(k) plans designed specifically for SMEs. Founded in 2015 and headquartered in San Francisco, Human Interest leverages advanced technology to simplify the complexities of retirement plan management.
Who Founded Human Interest?
Human Interest was co-founded by Roger Lee and Paul Sawaya, both of whom recognized the need for accessible retirement solutions for businesses that traditionally struggled to provide such benefits. Their vision has paved the way for a new approach to retirement planning, focusing on inclusivity and simplicity.
Key Executives at Human Interest
To steer the company toward its mission, Human Interest has assembled a leadership team with extensive experience in finance, technology, and business strategy.
Chief Executive Officer (CEO) - Jeff Schneble
Jeff Schneble serves as the Chief Executive Officer of Human Interest. With a robust strategic vision, Schneble leads the company's operations and continues to drive its mission of making retirement plans accessible to all businesses. You can connect with Jeff on LinkedIn.
Chief Technology Officer (CTO) - Abhi Mishra
Abhi Mishra is the Chief Technology Officer, responsible for overseeing the technological advancements that enable Human Interest to deliver innovative solutions to its clients. His leadership in technology ensures that the company stays at the forefront of the digital transformation in retirement planning. Connect with Abhi on LinkedIn.
Human Interest Company Details & Key Information
Location
Human Interest is proudly headquartered in San Francisco, United States, a city known for its vibrant tech ecosystem and innovation culture.
Employee Count
With a workforce ranging between 500 to 1,000 employees, Human Interest has grown significantly since its inception, reflecting its commitment to serving a diverse clientele.
Year of Establishment
Founded in 2015, Human Interest has quickly established itself as a leader in the 401(k) market for small and medium businesses.
Official Website
For more information, you can visit the Human Interest official website, which offers a plethora of resources and insights into their services.
The Need for Accessible Retirement Plans
Many small and medium businesses struggle to provide retirement benefits due to high costs, administrative burdens, and lack of resources. According to a report by the U.S. Department of Labor, only around 50% of small businesses offer retirement plans to their employees. This gap not only affects employee satisfaction but can also hinder talent acquisition and retention.
Human Interest addresses these challenges by providing:
- Affordable Pricing: With zero-transaction fees, businesses can manage their retirement plans without worrying about hidden costs.
- Simplified Management: The platform employs advanced technology to streamline the process of plan administration, making it user-friendly for both employers and employees.
- Comprehensive Support: Human Interest offers dedicated support to companies, ensuring they have the resources and information necessary to navigate retirement planning.
Success Stories
The impact of Human Interest can be seen through various success stories of small businesses that have adopted their services:
- Tech Startups: A San Francisco-based startup reported that implementing a Human Interest 401(k) plan significantly improved employee morale and retention, as team members felt more secure about their financial futures.
- Retail Businesses: A local retail store owner found that providing an affordable retirement plan helped attract and retain skilled workers in a competitive job market.
Key Features of Human Interest's Offerings
Human Interest offers a variety of features that set it apart from traditional retirement plan providers:
- No Transaction Fees: Unlike many providers, Human Interest does not charge transaction fees, making it a cost-effective solution for businesses.
- User-Friendly Interface: The platform is designed to be intuitive, allowing employees to easily manage their contributions and investment options.
- Investment Options: Human Interest provides a wide range of investment options, catering to various risk tolerances and retirement goals.
- Compliance Support: The platform helps businesses stay compliant with federal regulations, reducing the administrative burden on employers.
"At Human Interest, we believe that every employee deserves access to a secure retirement plan, regardless of the size of their employer." - Jeff Schneble, CEO
Conclusion
Human Interest stands out in the crowded field of retirement plan providers by prioritizing accessibility, affordability, and technology. In an era where small and medium businesses are increasingly challenged to offer competitive benefits, Human Interest provides a viable solution that not only enhances employee satisfaction but also contributes to a more secure financial future for all.
For businesses looking to simplify their retirement plan management while providing their employees with valuable benefits, Human Interest represents a forward-thinking choice that combines innovation with a commitment to service. As the company continues to grow and evolve, it remains focused on its mission to democratize access to retirement plans, ensuring that all employees can enjoy the peace of mind that comes with financial security.
