Case Study: Teen Cancer America offers retirement benefits with Human Interest

Teen Cancer America proves nonprofits can offer retirement benefits

Teen Cancer America (TCA), a nonprofit organization, faced the challenge of boosting employee morale during the pandemic's financial strain without using cash. With fundraising events halted, Executive Director Simon Davies sought a thoughtful benefit to support his team and signal fiscal responsibility to donors. They turned to the vendor, Human Interest, to implement a 401(k) retirement plan.

Human Interest provided a cost-effective and customizable 401(k) solution, which included immediate plan eligibility and an employer match option. This allowed TCA to offer a valuable benefit while maintaining financial prudence. The solution was a success, resulting in 90% of the nonprofit's employees contributing to their 401(k) and helping to demonstrate responsible stewardship to the organization's donor base.

Teen Cancer America

Simon Davies

Executive Director