Wallet1000 is a web-based financial wellness portal for 401(k) participants, advisors, financial coaches and employers. Participant plans can cover budgeting, debt payment, retirement, college savings, insurance and a financial timeline. Coaches can create an initial plan from client information and assign next steps with educational content. Scheduled progress emails and customized education support ongoing engagement, while a wellness score recalculates after transactions, completed tasks or account updates. Built-in calculators cover retirement, savings and debt-payment scenarios. Advisors receive firm branding, a participant CRM, analytics and reporting; the engagement platform records meetings, calls and emails. Employers can offer personalized plans and optional automated follow-up. Content is available in English and Spanish, with more languages forthcoming. The Advisor plan costs 249.00 USD per month and includes unlimited plans, participants and financial plans, plus CRM, analytics, reporting and branding.
Who it is for
Wallet1000 is intended for 401(k) advisors, financial coaches and employers offering employee financial-wellness programs. It also serves participants who need guided planning and financial-health tools.
What is good
- Covers budgeting, debt, retirement, college and insurance
- Generates plans and assigns actionable next steps
- Wellness score updates after participant activity
- Records meetings, calls and emails
- Supports English and Spanish participant content
What to know first
- No free plan
- Web platform only
- Coaching access is listed as none
- Additional languages are still forthcoming
Verdict
Wallet1000 combines participant planning, coaching workflows, engagement records and advisor reporting in a browser-based portal. Its published Advisor plan is designed for organizations managing multiple 401(k) plans and participants.
Wallet1000 plans and pricing
All plansCompared on employee financial wellness software
- Free plan
- No
- Education content
- Yes
- Financial planning
- Yes
- Coaching access
- none
- Financial health tools
- Yes
- Employer reporting
- advanced
- Available platforms
- web
