Betterment vs. Human Interest: Which 401(k) is Better for Your Company?

	Betterment at Work	Human Interest
Fees
Ongoing administrative (Paid by employer)	Essential: $100/month + $5/participant/month Pro: $150/month + $7/participant/month	Essentials: $120/month + $5/eligible employee/month Complete: $160/month + $7/eligible employee/month
Estimated fund fees (Paid by employee)	0.04%¹	0.07%²
Investment management (Paid by employee)	0.25% on assets annually	0.72% on assets annually (0.12% investment management, 0.60% recordkeeping & custody)
Investments
Funds	Exchange Traded Funds (ETFs)	Mutual Funds
Managed portfolios
Portfolios	8 strategies with customizable risk levels, plus the Flexible Portfolio Strategy	1 strategy
Qualified default investment	Core - globally diversified managed ETF portfolio	A managed mutual fund portfolio
Additional investment strategies	With an advisor, create a specific fund-lineup based on your employees’ needs using nearly 10,000 ETFs and mutual funds.
Flexibility	Participants may choose their own allocation	Participants may choose their own allocation
Socially responsible investments	3 managed portfolio strategies: Broad Impact Social Impact Climate Impact	2 mutual fund options: Nuveen Core Impact Bond R6, Vanguard FTSE Social Index Admiral Fund
Rebalance frequency	Ongoing, based on portfolio drift once at minimum account balance. Contributions/ withdrawals are used to realign portfolio back to target weights. A glidepath feature that automatically adjust allocations to and through retirement.	Quarterly
Employee Experience
Platform scope	401(k)-first experience with additional financial products: 529 Education Savings Financial Coaching Retail Investing Platform: Automated investing, High-yield cash savings, IRAs	401(k) 403(b) Solo 401(k) IRA
Personalized advice for all employees
External account syncing
Personalized retirement planning tools
Tax coordination strategies
Access to human advisors
Service and support
3(16) Administrative Fiduciary		Only available in 'Complete' and 'Concierge' tiers
Online signup process
Compliance expertise	Our Hassle-Free Compliance Guarantee
Access to onboarding support team

Betterment at Work vs. Human Interest

Ready for a better 401(k) plan?