Original filing (PDF)20251205140007NAL0001895363001

SMARTWORK, INC.

Name: SMARTWORK, INC. — PENELOPE STARTER 401(K) RETIREMENT POOLED EMPLOYER PLAN, Form 5500 (2024)
Creator: SMARTWORK, INC.

Form 5500-SF

FILING_RECEIVED

PENELOPE STARTER 401(K) RETIREMENT POOLED EMPLOYER PLAN

401(k) retirement plan

Signals · 1

Late filing · 0.6 mo

Active participants

119

Accounts w/ balance

Plan assets (EOY)

$48K

Net assets (EOY)

$48K

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

Total plan cost

Vendor stack

100

Participation health

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SMARTWORK, INC..

Plan sponsor

Name

SMARTWORK, INC.

DBA

PENELOPE

EIN

87-1268410

Address

18 W 18TH ST # 06-103 · NEW YORK, NY · 100114607

Phone

(201) 580-5582

Industry

Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-12-05

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3B · Covers self-employed individuals

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

Small plans don't disclose service providers

Related plans

Similar-size Finance & Insurance plans

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$47K · 2 participants

GRI LLC

GRI RETIREMENT PLAN

$46K · 18 participants

FAMILY TREE FINANCIAL SERVICES LLC 401(K) PROFIT SHARING PLAN

$51K · 2 participants

BENEFITS PLUS TRUST FUND WELFARE BENEFIT PLAN

$44K · 160 participants

SHANNON LOVE & ASSOCIATES

Knocking points off

No IQPA named; plan is in the 80-120 transition zone — may be filing as small.
Filed 0.6 months past the 10.5-month grace window.
Only 37% as many balances as active participants — suggests many active employees aren't deferring.

Helping the score

Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
No Schedule C compensation disclosed — likely a small plan or unbundled.