---
title: Looking to Switch 401k providers?
description: Streamline your 401(k) provider switch with Human Interest. Discover how to optimize retirement plans, minimize hassle, and maximize employee benefits.
image: https://blog.threadhcm.com/hubfs/Imported_Blog_Media/HI-New-Payroll-Partner-Thread-HCM-2.png
---

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[Benefits](https://blog.threadhcm.com/tag/benefits)

# Looking to Switch 401k providers?

 By [Barbara Collins](https://blog.threadhcm.com/author/threadhcm) March 16, 2021

![](https://blog.threadhcm.com/hs-fs/hubfs/Imported_Blog_Media/HI-New-Payroll-Partner-Thread-HCM-2.png?width=700&height=250&name=HI-New-Payroll-Partner-Thread-HCM-2.png)

Retirement planning does not need to come at a high-cost. Traditional providers hide dozens of fees in plan documents which add up over time. That’s why Thread HCM has partnered with Human Interest, a 401(k) provider for small- and medium-sized businesses, to offer our clients with affordable retirement plans.

Human Interest reduces the burden of managing a 401(k) plan with easy setup and administration, recordkeeping, and streamlined onboarding for employees. A top rated 401(k) provider on G2[\[1\]](https://blog.threadhcm.com/switch-401k-providers-human-interest#_ftn1), Human Interests works with over 3,000+ businesses and has a 70% participation rate[\[2\]](https://blog.threadhcm.com/switch-401k-providers-human-interest#_ftn2) (2x the industry average) due to their unique technology platform.

With Human Interest you’ll receive:

- Affordable, high-quality investment options
- [**Zero** transaction fees](https://humaninterest.com/pressroom/articles/zero-401k-transaction-fees/)
- Transparent three-tier pricing structure, each with a different level of service

Best of all, converting a plan to Human Interest isn’t as complicated as you might think. You’ll receive a dedicated Implementation Manager to ensure a seamless transition.  We’re committed to our customers, that’s why Thread HCM is excited to partner with Human Interest in making affordable retirement plans accessible to people in all lines of work.

**Special Thread HCM** **Client Offer:** Human Interest is offering a promotion of covering the cost of your conversion fee (up to $1,500) if you sign up with Human Interest before June 30th.

Interested in learning more? Contact sales@threadhcm.com

[\[1\]](https://blog.threadhcm.com/switch-401k-providers-human-interest#_ftnref1) G2: Human Interest Inc.’s 401(k) administrative services (https://www.g2.com/products/human-interest), and Google (https://hi-info.co/googlereviews): Human Interest, Inc., as of August 31, 2020.

[\[2\]](https://blog.threadhcm.com/switch-401k-providers-human-interest#_ftnref2)  Source: Human Interest customer data, 2020; U.S. Census Bureau, 2017

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