Fast. Simple. Fair.
Retirement plans built for small businesses
- Automated onboarding
- No asset-based or transaction fees
- Just $8 per employee
- We handle the details
Indipop members can receive up to $875 off their plan by signing up now.
We take care of everything from compliance to annual reporting to the IRS so you can focus on what matters, running your business.
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/participating employee per month
- 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.
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.
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.
Hear from business owners like you
Partner
Jefferson Macklin
Partner, Traveler Street Hospitality
"We chose Penelope over the Massachusetts Restaurant Association's plan because I wanted a plan that encouraged participation without all the fees."
Founder
Tiffany Dufu
Founder, The Cru
"It’s been a joy to work with Penelope. For me as an entrepreneur, as a founder, I know I don’t have to worry about a 401(k)."