Penelope

Penelope delivers a cutting-edge, digital-first recordkeeping platform, empowering TPAs, advisors, and benefits administrators to efficiently scale their 401(k) offerings while reducing both cost and complexity. The Penelope platform is fully operationalized for SECURE 2.0, ensuring that TPAs, consultants, and advisors can effectively serve the rapidly growing SMB market, projected to increase significantly by 2029. With Penelope, businesses can unlock new levels of efficiency and growth. Penelope's primary address is in New York, 10014, US.

The adaptable API-first architecture of Penelope enables seamless integration with proprietary software, including health offerings and advisory tools, as well as with third-party payroll, custody, and benefits providers. Embedded AI and workflow automation facilitate faster onboarding, compliance, plan design, and operations. This dramatically reduces time-to-market, increases processing accuracy, and eliminates the challenges associated with fragmented and manual processes common in legacy platforms. Penelope ensures a superior user experience.

The modern dashboards provided by Penelope ensure an intuitive user experience that spans from the participant to the sponsor to the plan administrator. Built as a cloud-native SaaS from the start, the platform scales quickly and securely, launching new features to clients seamlessly. This transformative solution allows retirement TPAs and recordkeepers to reduce operating costs while providing clients with better servicing and more customization. Penelope is committed to a conflict-free model, providing highly customizable user experiences under your brand and not selling directly to employers.

To the manager of Penelope, we invite you to create a customized and exclusive company showcase and product listing on our platform to further enhance your market presence.