[{"data":1,"prerenderedAt":397},["ShallowReactive",2],{"project-9859389":3},{"id":4,"name":5,"line":6,"line_source":7,"title":8,"url":9,"domain":10,"maker":11,"posted_at":12,"year":13,"points":14,"comments":15,"rank_in_year":16,"shown_in_year":17,"top":18,"tier":19,"category":20,"subcategory":21,"format":22,"keywords":23,"reception":28,"sentiment":29,"stance_mix":30,"scored_comments":35,"aspects":36,"strip":42,"post_text":44,"what":45,"said":74,"maker_in_thread":197,"shape":207,"grid":212,"attempts":357,"same_week":358,"maker_shows":34,"maker_hidden":389,"reader_version":390,"card":391},"9859389","Captain401","A paperless 401k with automated advising built-in","title","Show HN: A paperless 401k with automated advising built-in","https:\u002F\u002Fcaptain401.com","captain401.com","psawaya",1436463178,2015,83,63,319,2565,13,"notable","finance_crypto","401k retirement plans","web_app",[24,25,26,27],"401k","robo advisor","retirement plan","paperless 401k","curious",0.202,{"positive":31,"neutral":32,"mixed":33,"critical":34},8,24,0,2,34,{"idea":37,"design":39,"pricing":41},{"positive":38,"critical":33},3,{"positive":33,"critical":40},1,{"positive":34,"critical":33},[33,38,33,38,38,40,40,38,38,38,33,33,33,33,33,33,33,33,33,38,38,38,38,43,43,33,38,38,33,43,43,38,33,43,43,38,43,33,38,33],5,null,{"problem":46,"audience":53,"pricing":57,"motivation":66,"time_to_build":44,"stack":70,"openness":71,"stage":72,"team_size":73},{"value":47,"source":48,"evidence":49},"Small employers find 401k plans too costly and time-consuming; employees find plan interfaces archaic and choosing investments overwhelming.","maker",[50],{"id":51,"by":11,"text":52},"9859972","My cofounder (hn:roger_lee) and I started working on Captain401 because we both had bad experiences with 401k accounts. As an employer, he kept putting off setting one up because…",{"value":54,"source":48,"evidence":55},"Employers, especially small startups, and their employees.",[56],{"id":51,"by":11,"text":52},{"value":58,"source":48,"evidence":59},"Employer pricing not final; employees pay a low percentage of assets yearly for advising.",[60,63],{"id":61,"by":11,"text":62},"9861414","Actually, we're still finalizing pricing. Please contact us, and we'll be happy to talk. https:\u002F\u002Fcaptain401.com\u002Fjoin",{"id":64,"by":11,"text":65},"9861594","We also charge employees a low percentage assets under management yearly for the automated advising service, just as other automated advisors do.",{"value":67,"source":48,"evidence":68},"Founders had bad experiences with 401k accounts as employer and employee.",[69],{"id":51,"by":11,"text":52},[],"unknown","launched","team",{"praise":75,"objections":99,"requests":133,"questions":147,"alternatives":177},[76,88],{"value":77,"source":78,"evidence":79},"Useful for small companies and HR onboarding.","commenter",[80,84],{"id":81,"by":82,"text":83},"9859876","ashleyw0ng","Could save big companies a lot of time educating their employees about 401k and on-boarding them to the plan. It could actually take away the role of an HR generalist who is…",{"id":85,"by":86,"text":87},"9860729","jeffasinger","That's definitely the future. I work for a company whose major goal is to make that job disappear, and do most employee onboarding and other annoying HR documents tasks online,…",{"value":89,"source":78,"evidence":90},"Looks good and is a welcome alternative to legacy 401k providers.",[91,95],{"id":92,"by":93,"text":94},"9859931","greattypo","I always wondered why my brokerage account felt so modern (Wealthfront), but my 401k feels like it's from the stone age. Makes complete sense. Do all employees have to use the…",{"id":96,"by":97,"text":98},"9860125","matttah","Awesome - right now it looks like you are beating the other small business 401k provider that I know of (theonline401k) which i think charges around 525\u002Fquarter+4 per employee on…",[100,111,122],{"value":101,"source":78,"evidence":102},"Founders look young and lack financial experience for handling other people's money.",[103,107],{"id":104,"by":105,"text":106},"9860041","bosco","I have to agree. Why showing the team works for a lot of startups, I don't think it works that well in fintech when dealing with other people's money. Especially when founders…",{"id":108,"by":109,"text":110},"9860012","therobot24","Quick question: How long do you see yourselves operating Captain401? The photos on the website make you guys look pretty young and if I were an employer I'd be nervous that…",{"value":112,"source":78,"evidence":113},"Robo advice guarantees and fiduciary liability questioned.",[114,118],{"id":115,"by":116,"text":117},"9859995","jsprogrammer","As a user receiving advice from your robo advisors, what guarantees do you provide that the advice I receive is sound and that following the advice will result in my retirement…",{"id":119,"by":120,"text":121},"9861247","jeffwass","Hi Roger, some not so easy questions if I may? What does this mean, that the robo advisor is based off of decades of Nobel Prize winning research? Eg - Long Term Capital…",{"value":123,"source":78,"evidence":124},"Nobel-winning research is questioned as basis for advice.",[125,129],{"id":126,"by":127,"text":128},"9860350","boomshucka","Nobel prize winning academic research is awful in the finance space. It's based on flawed assumptions and it's results are completely useless. Either a) the person claiming this…",{"id":130,"by":131,"text":132},"9860534","icu","I agree, most of the time... perhaps start with an understanding of how models break by reading \"Black Swan\" and \"The Misbehaviour of Markets\".",[134,141],{"value":135,"source":78,"evidence":136},"Support individual 401ks for self-employed people.",[137],{"id":138,"by":139,"text":140},"9860685","whisk3rs","Do you plan to support Individual 401ks for self-employed persons?",{"value":142,"source":78,"evidence":143},"Show screenshots of the admin interface.",[144],{"id":145,"by":139,"text":146},"9860711","Can you share screenshots of what the administration UI looks like?",[148,159,170],{"value":149,"source":78,"evidence":150},"How does it compare to Honest Dollar and Ubiquity?",[151,155],{"id":152,"by":153,"text":154},"9860472","kolencherry","This looks really interesting. How does this compare to Honest Dollar (http:\u002F\u002Fwww.honestdollar.com\u002F)?",{"id":156,"by":157,"text":158},"9860416","hmahncke","How does this compare to Ubiquity [1] which also seems to target smaller companies with a paperless 401k system? [1] https:\u002F\u002Fwww.myubiquity.com\u002F",{"value":160,"source":78,"evidence":161},"Which third-party recordkeeper is used?",[162,166],{"id":163,"by":164,"text":165},"9860390","wj","So you are both the record keeper and RIA on the plans? Or do you use a third party record keeper?",{"id":167,"by":168,"text":169},"9861516","dp1234","What 3rd party recordkeeper are you using? Do you use the recordkeeper's websites or have you built your own?",{"value":171,"source":78,"evidence":172},"How much does it cost for employers?",[173],{"id":174,"by":175,"text":176},"9861271","rhc2104","How much does Captain401 cost for employers?",[178,182,186,190],{"value":179,"source":78,"evidence":180},"Honest Dollar",[181],{"id":152,"by":153,"text":154},{"value":183,"source":78,"evidence":184},"Ubiquity",[185],{"id":156,"by":157,"text":158},{"value":187,"source":78,"evidence":188},"theonline401k",[189],{"id":96,"by":97,"text":98},{"value":191,"source":78,"evidence":192},"Vanguard target retirement funds",[193],{"id":194,"by":195,"text":196},"9860074","vonmoltke","That said, why do you think your robo advisors will be better at this than Vanguard's target retirement funds?",{"comments":198,"answered":43,"key":199},9,[200,201,204],{"id":51,"text":52},{"id":202,"text":203},"9860013","Thanks for the stat. Expanding access to 401ks is definitely a goal of ours.",{"id":205,"text":206},"9860720","Yes, please contact us. https:\u002F\u002Fcaptain401.com\u002Fjoin",{"commenters":208,"max_depth":209,"maker_replies":198,"first_comment_mins":210,"lifespan_hours":211},36,7,11,122,[213,215,216,219,221,222,224,225,227,229,231,235,236,238,240,242,246,250,252,254,257,260,263,266,269,272,275,277,279,280,282,283,284,287,288,290,293,295,296,298,300,302,305,307,310,313,315,317,319,321,322,325,330,332,335,337,339,341,343,344,348,352,355],[51,33,33,214,11,40],"maker\u002Fneutral\u002Fidea",[115,33,38,214,116,33],[217,33,38,214,218,33],"9860070","roger_lee",[126,33,33,220,127,33],"commenter\u002Fneutral\u002Fidea",[130,33,33,220,131,33],[223,33,38,214,131,33],"9860497",[119,33,38,214,120,33],[108,33,38,226,109,33],"maker\u002Fneutral\u002Fnone",[104,33,40,228,105,33],"maker\u002Fcritical\u002Fnone",[230,33,38,226,218,33],"9860113",[232,33,40,233,234,33],"9860310","project\u002Fcritical\u002Fdesign","wmeredith",[163,33,38,226,164,33],[237,33,38,226,218,33],"9860601",[239,33,38,226,164,33],"9887635",[145,33,38,241,139,33],"project\u002Fneutral\u002Fdesign",[243,40,33,244,245,33],"9860533","other\u002Fneutral\u002Fidea","peter_l_downs",[247,40,33,248,249,33],"9860569","other\u002Fneutral\u002Fnone","majormajor",[251,40,33,248,218,33],"9860591",[253,40,33,248,139,33],"9860674",[255,40,33,248,256,33],"9861134","Amezarak",[258,40,33,248,259,33],"9862279","refurb",[261,40,33,248,262,33],"9861160","ForHackernews",[264,40,33,248,265,33],"9862650","spacehome",[267,34,33,248,268,33],"9859968","Gys",[270,34,33,248,271,33],"9859981","toomuchtodo",[273,34,33,248,274,33],"9860047","snikeris",[276,34,33,248,271,33],"9860055",[278,34,33,248,274,33],"9860093",[202,34,33,248,11,40],[138,34,38,281,139,33],"project\u002Fneutral\u002Fidea",[205,34,33,226,11,40],[92,38,38,281,93,33],[285,38,33,286,11,40],"9859966","project\u002Fpositive\u002Fidea",[194,38,38,281,195,33],[289,38,38,281,218,33],"9860167",[291,38,33,292,195,33],"9865051","commenter\u002Fneutral\u002Fnone",[81,294,43,286,82,33],4,[85,294,43,286,86,33],[297,43,43,286,164,33],"9859473",[299,43,33,226,11,40],"9859483",[301,43,38,226,164,33],"9859639",[152,303,38,304,153,33],6,"project\u002Fneutral\u002Fnone",[306,303,38,281,218,33],"9860557",[308,209,38,304,309,33],"9859898","2arrs2ells",[311,209,33,312,11,40],"9859954","project\u002Fpositive\u002Fnone",[96,31,43,314,97,33],"project\u002Fpositive\u002Fpricing",[316,31,38,281,218,33],"9860203",[318,31,43,312,97,33],"9863737",[320,31,38,226,218,33],"9864594",[156,198,38,304,157,33],[323,198,33,248,324,33],"9860602","saryant",[326,327,43,328,329,33],"9860730",10,"maker\u002Fpositive\u002Fnone","raspasov",[331,327,33,226,11,40],"9860836",[333,210,43,312,334,33],"9859934","jwb119",[167,336,38,226,168,33],12,[174,18,38,338,175,33],"project\u002Fneutral\u002Fpricing",[61,18,33,340,11,40],"maker\u002Fneutral\u002Fpricing",[342,18,43,314,168,33],"9861555",[64,18,33,338,11,40],[345,346,38,304,347,33],"9861784",14,"zrail",[349,350,33,248,351,33],"9860150",15,"innguest",[353,350,33,292,354,33],"9860288","fiveoak",[356,350,33,292,127,33],"9860368",[],[359,364,369,374,379,384],{"id":360,"name":361,"points":362,"category":363},"9878597","Density",258,"data",{"id":365,"name":366,"points":367,"category":368},"9892049","Democracy.io by EFF",144,"web_saas",{"id":370,"name":371,"points":372,"category":373},"9876868","Durat.io",119,"dev_tools",{"id":375,"name":376,"points":377,"category":378},"9889057","Actor",110,"infrastructure",{"id":380,"name":381,"points":382,"category":383},"9892515","Nestor",87,"productivity",{"id":385,"name":386,"points":387,"category":388},"9890566","GoWork",68,"languages",false,"v2",{"id":392,"name":5,"line":6,"ai":389,"cat":20,"year":13,"points":14,"comments":15,"rec":28,"s":393,"top":18,"kw":394,"maker":11,"domain":10,"tier":19,"attempts":33,"strip":395,"url":9,"mix":396,"praise":77,"objection":101,"sub":21},9859389,0.2,[24,25,26,27],"0303311333000000000333355033055305535030",[31,32,33,34],1793990927445]