I recommend not doing business with them
January 04, 2023

I recommend not doing business with them

Gladys Garavito | TrustRadius Reviewer
Score 1 out of 10
Vetted Review
Verified User

Overall Satisfaction with Human Interest

I use Human Interest as a plan administrator of the company 401k.
  • Nothing
  • Basic data entry
  • Customer Service
  • Understanding customers' time zone
  • I feel it is a waste of my valuable time
I dislike what may be an easy end-user website. I do not believe it has been beta tested with end users. I believe developers think it is all very easy to use. From my experience, information is either hidden, not in a logical location, or not addressed at all.

Do you think Human Interest delivers good value for the price?

No

Are you happy with Human Interest's feature set?

No

Did Human Interest live up to sales and marketing promises?

No

Did implementation of Human Interest go as expected?

No

Would you buy Human Interest again?

No

Two scenarios where Human Interest is less appropriate immediately come to mind. They are governed by ERISA guidelines, though from my experience it appears their employees are not aware of the gravity of their mistakes. More specifically, they deducted money from my company's bank account because money was debited from my paycheck, yet, the money did not make it to my account. This took 9 months to "resolve" and I am not confident it was. I escalated this situation to DOL who suggested we shop for a new plan provider. Additionally, $490 was deducted from an hourly employee's pay and company bank account, for a loan payment. However, that employee doesn't even have $500 in their 401k and the employee whose pay should have been deducted was not. Supposedly they are still "researching it", but I feel that is simply poor.

Human Interest Feature Ratings

Administration and Recordkeeping
1
Payroll Integration
1
Compliance Maintenance
1
Plan Flexibility
1
Filings and Disclosures
1
Ease of Enrollment
1