Start building wealth with a
401(k) designed for your business.
At Penelope, we've simplified the 401(k) so you can keep your focus on what
truly matters - growing your business.
New Plan Option!
Starter 401(k)
This plan is designed to be easy to manage, eliminating common barriers to retirement plan adoption for small businesses. As a great alternative to state-sponsored plans, this affordable plan provides you and your employees with an easy way to save for the future.

Let our retirement experts help you find the right plan!
Attract and retain top talent, secure tax benefits, and prepare for a financially stable future
Most Popular Plan
Safe Harbor 401(k)
These employer matching plans allow businesses to avoid annual IRS nondiscrimination testing, significantly reducing administrative and correction headaches. It is the most popular plan type for businesses.

Safe Harbor 401(k) with Profit Sharing
Profit sharing is a great way to effectively contribute towards the annual 401(k) contribution limits and provide an additional financial reward to thank employees for their hard work throughout the year.
Non-Safe Harbor 401(k)
Non-Safe harbor 401(k)s do not require mandatory employer matching contributions. However, this plan type requires hefty annual compliance testing that can significantly increase administrative headaches and the risk of fines.
Solo 401(k)
Sole-proprietors can maximize their savings with a 401(k) in a way that traditional IRAs would not be able to. A Solo 401(k) offers the same abilities as a regular 401(k), but just for you.
Let our retirement experts help you find the right plan!
Attract and retain top talent, secure tax benefits, and prepare for a financially stable future
Administration Features
We made 401(k) plans seriously easy, so you can focus on running your business.

We track your 401(k) plan’s balances, transactions, deferrals and more in-house.
This means that you get access to all your records faster and easier.
Penelope can integrate with most digital Payroll Providers on the market.
We can automatically enroll your eligible employees, giving you more time to run your business.
Penelope designed our dashboard just for you-no unnecessary jargon.
And our expert support team is always here to provide you in-depth knowledge via chat or email.
We've streamlined compliance to simplify your success.
Don't worry about testing and 5500 filings - we'll handle them for you.
Don’t wait any longer to start building wealth for you and your employees.
Get started today by answering a few simple questions about your business and let us help you build your 401(k) retirement plan.