Fundacao Atlantico

What Fundacao Atlantico does

Fundação Atlântico de Seguridade Social is a closed private pension entity (entidade fechada de previdência complementar — EFPC) regulated by PREVIC and headquartered in Botafogo, Rio de Janeiro, Brazil. Founded in 2004 under SPC Portaria 103, the foundation administers seven complementary pension plans — TELEMARPREV, TELEMARPREV-SISTEL, PBS-TELEMAR, TCSPREV, CELPREV Amazônia, PBS-TNC, and Plano Família Atlântico — on behalf of sponsoring employers Oi S.A. (and its controlled/affiliated companies) and Fundação Sistel. Its primary customer base is therefore the employees, retirees (assistidos), and family members of these telecom-sector sponsors, who use the foundation to accumulate supplementary retirement income beyond the Brazilian public social security system (INSS). Plan designs include both defined-benefit and variable-contribution structures, with monthly contributions set as a percentage of participant salary (Normal Básica at 2%) and optional extraordinary contributions in 0.5% increments.

The foundation's technology layer is a web-based participant portal (fundacaoatlantico.com.br) with two-factor authentication, an online adhesion/enrollment workflow, a retirement income simulator (Simulador de Aposentadoria), and a participant risk-profile questionnaire that routes users into one of three investment profiles (Conservador, Moderado, Arrojado). Auxiliary channels include the 'Renda+' financial education platform, the Canal Atlântico news channel, the electronic Jornal Atlântico newsletter, and a 0800-based customer service center. Administrative expenses are funded through the Plano de Gestão Administrativa (PGA) rather than direct participant fees, and the foundation is governed by a tripartite structure comprising a Deliberative Council, Fiscal Council, and Executive Board. Bylaws were most recently re-approved by PREVIC via Portaria Nº 179 on 22 February 2022.

Fundação Atlântico is a non-profit, non-traded entity (no parent company, no public ticker, no venture funding), and revenue is not publicly disclosed — consistent with the closed pension fund model in Brazil. Its economic engine is the management of contributions, investments, and benefit payouts for the Oi/Sistel participant base. Recent strategic emphasis has been on digital modernization (portal, mobile app, self-serve enrollment), participant segmentation through the investment-profile framework, and extension of the participant base beyond direct sponsor employees via the Plano Família Atlântico. There are no disclosed M&A, international expansion, or external funding activities.

Name

Fundacao Atlantico

Legal name

FUNDAÇÃO ATLÂNTICO DE SEGURIDADE SOCIAL

Website

https://fundacaoatlantico.com.br

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Fundação Atlântico de Seguridade Social is a PREVIC-regulated closed private pension entity in Brazil that administers seven complementary pension plans for employees, retirees, and family members of sponsor companies Oi S.A. and Fundação Sistel, operating via a digital portal and education platform.

Ownership category

akta.pro rank

Product category

Complementary Pension Administration

NAICS

Pension Funds (525110), Pension Funds (52511)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Retirement Plan Participant Advice & Managed Accounts (FSAEABAF), Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Complementary pension plans
• Closed pension fund
• Retirement benefit administration
• Corporate pension management
• Social security supplements

Headquarters

HQ city

Botafogo

HQ country

Brazil

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Pricing tiers

Distribution channels3 records

Marketing channels5 records

Core offering

Fundação Atlântico de Seguridade Social is a closed private pension entity (EFPC) that administers multiple corporate pension benefit plans — TelemarPrev, PBS-Telemar, TCSPREV, Celprev, PBS-TNC, and Família Atlântico — providing supplementary retirement, pension, and death benefits to employees of sponsor companies such as Oi and Fundação Sistel. The foundation operates a secure participant portal, online retirement income simulator, investment profile questionnaires (Conservador, Moderado, Arrojado), and digital enrollment for new participants, all regulated by PREVIC.

Product overview

Fundação Atlântico de Seguridade Social is a closed private pension entity (entidade fechada de previdência complementar) that administers seven distinct pension benefit plans: TELEMARPREV, TELEMARPREV-SISTEL, PBS-TELEMAR, TCSPREV, CELPREV Amazônia, PBS-TNC, and Plano Família Atlântico. The entity operates primarily as a digital service platform, offering participants a secure member portal, an online retirement income simulator, investment profile selection tools (Conservative, Moderate, and Aggressive), and a participant profile questionnaire. The main TELEMARPREV plan operates as a variable contribution model where both participants and sponsoring companies contribute. The foundation is regulated by PREVIC and sponsored mainly by Oi and its subsidiaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Plano TelemarPrev A variable contribution pension benefit plan sponsored by Oi and its subsidiaries. It operates as a complement to Social Security retirement, where both the participant and the sponsoring company make contributions.
• Plano TelemarPrev - Sistel A benefit plan administered by Fundação Atlântico, sponsored by Fundação Sistel, for Sistel employees.
• Plano PBS-Telemar A defined benefit pension plan for Telemar employees, providing retirement benefits based on salary history and years of service.
• Plano TCSPREV A supplementary pension plan for employees of TCSPREV sponsoring companies.
• Plano Celprev Amazônia A supplementary pension plan for employees of Celular Amazônia and associated companies.
• Plano PBS-TNC A defined benefit pension plan for Tele Norte Celular employees.
• Plano Família Atlântico A family pension plan offered by Fundação Atlântico, accessible through a separate portal at familiaatlantico.com.br.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Fundação Sistel: Closed pension entity serving the Brazilian telecom sector and a co-sponsor of the TelemarPrev-Sistel plan administered by Fundação Atlântico. Operates the same EFPC regulatory model under PREVIC with comparable DB and DC plans.
• Fundação Petrobras de Seguridade Social (Petros): Large Brazilian EFPC sponsored by Petrobras providing DB and defined contribution plans to oil-sector employees. Highly comparable closed-pension structure, regulatory framework, and multi-plan administration model.
• Fundação Vale: Closed complementary pension entity sponsored by Vale, administering DB and Variable Contribution plans for mining-sector employees. Mirrors Fundação Atlântico's EFPC structure, participant portal model, and PREVIC regulatory oversight.
• Previ – Caixa de Previdência dos Funcionários do Banco do Brasil: One of Brazil's largest EFPCs, sponsored by Banco do Brasil, administering DB and sponsor-funded plans for financial-sector employees. Closely comparable corporate-pension foundation operating under the same PREVIC framework.
• Funcef – Fundação dos Economiários Federais: Closed pension entity serving employees of Caixa Econômica Federal, managing multiple benefit plans including BD and CD structures. Directly comparable closed-pension governance, plan administration, and investment profile offerings.
• Fundação Itaú Unibanco: Closed pension entity from the Brazilian financial sector offering supplementary pension plans for Itaú Unibanco employees. Same EFPC regulatory model with comparable DB/DC mix and sponsor-driven participant base.
• Real Grandeza Fundação: Closed pension entity serving the Brazilian electricity and oil sectors, administering multiple benefit plans. Comparable multi-plan EFPC model with similar participant profile and governance structure under PREVIC.
• Fundação CESP (now Vivest): Originally a closed pension entity from the São Paulo electric utility sector that has expanded into a broader open-market pension and insurance platform. Useful comparable for understanding how a telecom-anchored EFPC could evolve into a broader financial-services entity.

Broad incumbents

• Brasilprev: Open private pension subsidiary of Banco do Brasil offering PGBL/VGBL plans to the general market. Adjacent rather than directly comparable because it sells to the open market rather than through employer sponsorship, but it represents a relevant alternative model in the supplementary pension space.

Others

• ABRAPP – Associação Brasileira das Entidades Fechadas de Previdência Complementar: Industry association representing Brazilian EFPCs including Fundação Atlântico. Not a competitor, but a relevant ecosystem participant that sets ethical codes, advocacy, and industry standards relevant to Atlântico's operating environment.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fundacao-atlantico-de-seguridade-social

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Fundacao Atlantico