The Pension Center of Florida

What The Pension Center of Florida does

The Pension Center of Florida is an independent third-party pension plan administrator (TPA) headquartered in Pensacola, Florida, founded in 1999 by industry veterans Leslie (Barlow) Livingston and Mason Clarke. The firm provides retirement plan administration, accounting, consulting, and plan design services to employers across the United States, covering 401(k) plans, profit sharing plans (including cross-tested and age-weighted designs), 403(b) plans for nonprofits, defined benefit, and cash balance plans. Its service suite spans trust accounting, coverage and nondiscrimination testing, governmental reporting, eligibility reviews, distribution processing, plan reconciliation, document drafting, audit support, voluntary correction programs (VCP), and consulting on plan design optimization.

The underlying technology is limited to industry-standard regulatory tooling, specifically the EFAST2 electronic filing system for governmental reporting, with no proprietary platform or technology moat indicated. Revenue is generated through professional services fees quoted based on plan type, participant count, and complexity; pricing is not publicly disclosed. The firm operates on a sales-led, relationship-driven go-to-market motion, relying on direct professional engagement with plan sponsors, referrals from CPA firms, and the founders' industry networks, with limited digital marketing presence.

The team consists of six named professionals: two founders in operational leadership roles and four plan accountants, several of whom hold the Qualified 401(k) Administrator (QKA) credential. The firm is privately held, founder-controlled, has no disclosed external funding, and has not been involved in any M&A activity. The company's stated ambition is to operate as one of the premier independent TPA firms in the country, though its footprint remains a single Pensacola office serving a national client base.

Name

The Pension Center of Florida

Legal name

The Pension Center of Florida

Website

https://thepensioncenter.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

The Pension Center of Florida is an independent third-party pension plan administrator founded in 1999 in Pensacola, Florida, providing retirement plan design, administration, compliance testing, and consulting services for 401(k), profit sharing, 403(b), defined benefit, and cash balance plans to US employers.

Ownership category

akta.pro rank

Product category

Retirement Plan Administration

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Pension Funds (525110)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Retirement plan administration
• Third-party administration
• Pension plan consulting
• Trust accounting services
• 401(k) plan services

Headquarters

HQ city

Pensacola

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Retirement Plan Administration Services: The company generates revenue through professional services fees for pension plan administration, trust accounting, consulting, plan design, and compliance services. As a third-party administrator (TPA), they charge fees for services including plan document drafting, governmental reporting, testing, and audit support.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Core offering

The Pension Center of Florida provides third-party administration (TPA) for employer-sponsored retirement plans, including trust accounting, plan design, consulting, compliance, governmental reporting, coverage testing, eligibility reviews, distribution processing, document drafting, and audit support. The firm administers 401(k), profit sharing, 403(b), defined benefit, and cash balance plans for clients throughout the United States.

Product overview

The Pension Center of Florida offers a unified suite of retirement plan administration services consisting of two main product lines: Accounting & Administrative Services (covering trust accounting, coverage testing, governmental reporting, eligibility reviews, distribution processing, plan reconciliation, document drafting, audit support, and plan correction) and Pension Plans (including 401(k) Plans, Profit Sharing Plans, 403(b) Plans, and Defined Benefit/Cash Balance Plans). The company provides end-to-end retirement plan solutions including expert consulting, plan design, and administrative services to clients throughout the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting and Administrative Services

Quantifiable outcome

• Plans maintained in compliance with IRS, DOL, and PBGC regulations

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• Ubiquity Retirement + Savings: A third-party administrator focused on retirement plan administration for small and mid-sized employers, offering a modern technology platform. Comparable to The Pension Center of Florida in serving as an outsourced plan administrator, but competing on automation and digital onboarding rather than on traditional CPA-led relationships.
• Sentinel Benefits Group: An independent retirement plan TPA providing administration, consulting, and compliance services to employers across plan types including 401(k) and defined benefit. Closely mirrors The Pension Center of Florida's service mix and target market of small-to-mid-sized plan sponsors.
• July Business Services: A third-party administrator offering retirement plan administration, plan design, and compliance support. Overlaps directly with The Pension Center of Florida in target customer (employers sponsoring retirement plans) and core service lines.
• DWC – The 401(k) Company: A traditional retirement plan TPA providing administration, consulting, and ERISA compliance services to small and mid-sized plan sponsors. A close comparable on service breadth, plan-type coverage, and target market.

Emerging players

• Human Interest: A modern 401(k) and retirement plan administrator serving small businesses via an automated, technology-led platform. Competes for the same small-employer segment as The Pension Center of Florida but with a fundamentally different, fintech-driven delivery model.
• Guideline: A technology-driven 401(k) administrator targeting small businesses with streamlined pricing and digital onboarding. Represents the emerging, automation-led end of the TPA market that competes with traditional firms like The Pension Center of Florida.
• Vestwell: A retirement plan administration platform offering 401(k), 403(b), and pooled employer plan administration with a SaaS-oriented model. Adjacent to the traditional TPA services offered by The Pension Center of Florida, particularly for small and mid-sized employers.

Broad incumbents

• Ascensus: One of the largest independent retirement plan TPAs and recordkeepers in the U.S., serving employers, advisors, and financial institutions across a wide plan-type portfolio. Competes with The Pension Center of Florida in the small-to-mid market but with substantially broader scale, technology, and service breadth.
• Empower Retirement: A large retirement plan recordkeeper and administrator serving millions of participants across DC and DB plans. Represents the scaled, broad-line incumbent side of the retirement plan administration market against which small independents like The Pension Center of Florida compete.
• ADP Retirement Services: A major retirement plan recordkeeper bundled with ADP's payroll and HR services, serving small and mid-sized employers. Competes with The Pension Center of Florida for small-employer retirement plan administration through a payroll-integrated, technology-led delivery model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-pension-center-of-florida-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Pension Center of Florida