Penelope | The retirement platform for small business

401(k)s that build wealth
for small businesses

Intentionally designed for small businesses. Made to be simple, transparent and straight-forward.

We believe building wealth
for retirement should be easy
and accessible. For everyone.

That’s why we've streamlined everything about 401(k) plans to make them simple, affordable, and easy to manage for businesses of any size.

Simple & transparent pricing

Flat-fee subscription plan
$8/per employee
No asset based and transactions fees

Create your plan in just 15 minutes

Tell us about your business
Select eligibility requirements
See your detailed plan

We handle the details

Penelope takes care of compliance testing, annual reporting to the IRS, and serves as your digital recordkeeper.

Simple & transparent pricing

401(k) plans shouldn’t be so complicated

We've designed our retirement plans to streamline decision-making for busy business owners. Our plans feature Vanguard funds for best-in-class performance. Start growing wealth for yourself and your employees without hassle of sifting through endless options.

Stand out from the crowd

Attract and retain the best employees with a retirement plan

The cost of losing and retraining an employee can add up. 92% of workers say that retirement plans, along with healthcare, are a key reason for staying. Bolster your benefits with a cost effective and straightforward plan.

Take advantage of Secure Act 2.0

There’s never been a better time to start a 401(k) Plan

If you’re starting a new 401(k) plan your business may be eligible to receive up to $16,500 in tax credits over the plan’s first three years to help offset initial plan costs.