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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.

Administration Features

We made 401(k) plans seriously easy, so you can focus on running your business.

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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.

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.


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Let our Retirement Specialist Help You Find the Right Plan

Most Popular Plan

Safe Harbor 401(k)

Safe Harbor plans automatically satisfy most IRS non-discrimination testing, significantly reducing administrative and correction headaches associated with these tests.

This is the most popular plan type for businesses who are looking to help their employees grow through 401(k) contribution matches.




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.

Easy to Get Started

Give yourself a 401(k) that works for you.

You and your employees deserve to have a 401(k) that is easy to understand and simple to manage
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Simple subscription pricing

We make 401(k)s affordable.
Seriously affordable.

Retirement plans that start at:

  • $8 / employee per month.
  • No Asset Under Management fees.
  • Penelope never takes a cut of your retirement income.

Don’t wait any longer to start building wealth for you and your employees.

Tell us about your business by answering a few questions and let us help you build your 401(k) retirement plan.