Vestwell to acquire Accrue 401k

Vestwell has entered into an agreement to acquire Accrue 401k , the entity formed to support Guideline 401(k) plans that were not included in Gusto’s acquisition of Guideline . Following the close, nearly 30,000 retirement plans representing roughly 350,000 savers are expected to transition onto Vestwell’s platform.

Under the agreement, Vestwell will become the new platform provider for Accrue 401k clients, many of whom access their plans through payroll providers including Intuit QuickBooks, Rippling, Paylocity, Deel, Square, OnPay, BambooHR, and Check-powered platforms. Employers and employees will continue using their existing payroll systems while gaining access to Vestwell’s payroll-integrated infrastructure and broader suite of workplace savings programs.

The transaction expands Vestwell’s national footprint and reinforces its role as a payroll-connected retirement and savings technology provider serving small and mid-market employers. Vestwell said the transition is designed to reduce administrative burden, improve compliance accuracy, and maintain low-cost plan pricing while adding access to additional savings offerings such as education, emergency savings, disability, and student loan repayment programs.

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early 2026.

“If we’re going to close the $50 trillion savings gap in the U.S., saving needs to be synonymous with earning. Payroll connectivity is the foundation for workplace savings. Automatic integrations ensure employees can save effortlessly, and employers can offer instrumental benefits without added complexity. We appreciate the work Guideline has done to support small businesses, and we are committed to carrying that mission forward on their behalf through our nearly 200 payroll providers.” – Aaron Schumm, founder and CEO of Vestwell.