Results of work on the assembly and adjustment of an original pentagonal, two-loop interferometer are reported; the interferometer is a passive version of a compact laser gravitational wave detector. It is shown that the correlative automatic noise-compensation system developed for the project is capable of lowering the phase noise level in the resultant signal channel of the detector by two orders of magnitude. Zh. Tekh. Fiz. 68, 121–125 (May 1998)