Case Study

HII offers employees an alternative to 401(k) loans through Alight and Kashable

HII offers employees an alternative to 401(k) loans through Alight and Kashable

HII offers employees an alternative to 401(k) loans through Alight and Kashable

Pages 5 Pages

HII, the U.S.'s largest military shipbuilder and global all-domain defense provider with over 44,000 employees headquartered in Virginia, delivers critical ships, unmanned systems, cyber solutions, ISR, AI/ML, and training to advance national security. To offer employees a smarter alternative to 401(k) loans, HII partnered with Alight and Kashable. Alight's Worklife® software seamlessly integrated Kashable's low-cost personal loans, slashing 401(k) loan participation by 34% while boosting financial wellness. This innovative platform provided easy access to ethical borrowing, preserved retirement savings, increased employee satisfaction, and supported HII's mission of protecting peace and freedom.

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