The Review · 2026-03-24 · 71d

How Guideline's Founder Solved 401(k) Adoption to Drive Acquisition by Gusto

Kevin Busque discovered that only 36% of TaskRabbit employees were enrolled in the company's 401(k) plan despite significant employer investment, prompting him to identify systemic issues with 401(k) providers. This insight led him to found Guideline, a company focused on fixing retirement benefits administration, which was eventually acquired by Gusto. The article examines the early decisions and contrarian bets that drove Guideline's path to product-market fit.

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Metrics in this report

401(k) Plan Enrollment Rate

36%

actual

TaskRabbit employees in 2014

Annual 401(k) Employer Cost

20000$

minimum

TaskRabbit company spend

Company Headcount

70employees

actual

TaskRabbit in 2014