How is your business managing the administration of its 401K program? For many of us, it’s a quagmire of compliance reports, random filings, seemingly arbitrary procedures, and just a basic low-grade headache that never really goes away. Now there’s a remedy.

It’s called The Penelope plan, and it was designed for micro and small businesses, nonprofits, and entrepreneurs. Penelope has simplified all of the plan design and investment options to reduce the confusion and complexities that often accompany 401k plans. Now small business owners, organizations, and entrepreneurs can focus on their customers, clients and employers.

Key Features:

• Seamless onboarding and setup
• Simplified investment options (Vanguard Target Date Funds)
• 3(16) Fiduciary to manage administrative and compliance tasks
• Integration with over 150 small business payroll providers (ADP, Paychex, Justworks, Gusto, Trinet and more) to reduce administrative time for HR managers and business owners
• Subscription pricing that is fair and equitable based on number of employees, not an employee’s assets ($125/month for admin fees and $8/month for participating employees)

Set up a demo today. You deserve that satisfying sigh that comes from taking something unnecessarily complex off your plate. You can get that with Penelope. When you talk with them, let them know you learned about them from Niki’s Notes.