Human Interest Inc. 401(k) Review & Grade
Human Interest 401(k) Plan
San Francisco, CAProfessional, Scientific & Technical Services764 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,845Employer $ per active participant
$10,278Employee $ saved per active participant
$0 reportedDirect admin cost, % of plan assets
$56.5MNet plan assets, end of year
$42,362Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost12.5 / 25No direct expenses reported, scored neutral
- Employee saving9.2 / 1562th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | neutral |
| Employee saving | 62th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($29,657 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $467 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Human Interest put in about $4,845 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- The plan reported no administrative expenses paid from plan assets. The employer may pay them, or the costs may be built into fund fees. Check your 404(a)(5) fee disclosure for each fund's expense ratio.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,703,844 |
| Participant (employee) contributions | $7,857,910 |
| Other contributions (incl. rollovers in) | $2,059,953 |
| Administrative expenses paid from the plan | $0 |
| Benefits paid out | $6,325,398 |
| Net assets, start / end of year | $42.8M / $56.5M |
| Active participants, start / end of year | 793 / 736 |
| Participants with account balances | 1,334 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohnreznick LLP |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251126152122NAL0007099248001, received 2025-11-26, EIN 47-3868366, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.