FIBRA
FIBRA is a non-profit closed private pension entity founded in 1988 in Foz do Iguaçu, Brazil, administering Defined Benefit and Defined Contribution plans exclusively for Itaipu Binacional employees, retirees, and their families under PREVIC regulation.
- Company typePrivate
- Founded1988
- HeadquartersFoz Do Iguaçu, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FIBRA does
FIBRA - Fundação Itaipu Brasil de Previdência e Assistência Social is a closed private pension entity (entidade fechada de previdência complementar, EFPC) founded on April 1, 1988, and headquartered in Foz do Iguaçu, Paraná, Brazil. Sponsored exclusively by Itaipu Binacional and regulated by PREVIC under Lei Complementar 109/2001, FIBRA administers supplemental pension benefits for current and former Itaipu employees and their families. The organization operates under a non-profit, paritative governance model where 50% of board members are appointed by the sponsor and 50% are elected directly by active and retired participants.
FIBRA's product portfolio centers on three benefit plans: Plano BD Saldado (Defined Benefit, closed to new enrollment since 29/02/2024), Plano Plus CD (Defined Contribution, for active Itaipu employees), and Plano Família Itaipu (institutional plan extended to family members, HMCC, and PTI collaborators). The supporting technology stack comprises a secure participant portal (Área do Participante), native iOS/Android mobile applications, a 100% electronic voting platform for governance elections with CPF authentication, a suitability questionnaire system that auto-allocates conservative profiles, a personal loan module (Empréstimo Fibra), and participant-facing content platforms including TV Fibra, Fibra Notícias, and Educação Previdenciária. Compliance infrastructure includes LGPD (Brazil's data protection law) alignment with a designated DPO and three independent governance certifications from ABRAPP and ICSS.
Commercially, FIBRA generates revenue through mandatory and voluntary pension contributions: active participants pay progressive aliquots on remuneration, assisted participants contribute 10% of settled benefits (including annual bonus), and the sponsor (Itaipu Binacional) covers planned benefit costs per actuarial funding requirements. Administrative fees are explicitly structured only to sustain operating costs rather than generate profit. Pricing is anchored to the URF (Unidade Referência Fibra), a reference unit valued at R$ 6,751.95. Distribution is conducted entirely through digital self-service channels with direct support via 0800, WhatsApp, email, and the participant portal, targeting a captive but non-disclosed participant base anchored to the Itaipu ecosystem.
FIBRA firmographics
Firmographics- Name
- FIBRA
- Legal name
- Fundação Itaipu Brasil de Previdência e Assistência Social
- Website
- https://fundacaoitaipu.com.br
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FIBRA is a non-profit closed private pension entity founded in 1988 in Foz do Iguaçu, Brazil, administering Defined Benefit and Defined Contribution plans exclusively for Itaipu Binacional employees, retirees, and their families under PREVIC regulation.
- Ownership category
- akta.pro rank
FIBRA industry classification
Industry- Product category
- Pension Fund Administration
- NAICS
- Pension Funds (52511), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Life Insurance (6311)
- akta.pro primary industry
- Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)
Keywords
Where FIBRA is headquartered
LocationHeadquarters
- HQ city
- Foz Do Iguaçu
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
FIBRA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Pension Contributions: Fibra generates revenue through mandatory and voluntary contributions from active participants, sponsors (Itaipu and Fibra), and assisted participants. Active participants contribute through progressive aliquots applied to their remuneration. Assisted participants contribute 10% of their settled benefit amount.
- Administrative Fees: Non-profit entity structure where fees charged serve only to sustain operational costs without profit generation. The small tax rate practiced serves only to sustain the cost structure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Assisted Participant Contribution |
| Usage-based | Monthly | Active Participant Contribution |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
FIBRA product offering
Product offeringCore offering
Fundação Itaipu Brasil de Previdência e Assistência Social (FIBRA) is a closed private pension entity (EFPC) that administers supplemental pension benefit plans for employees, former employees, and family members of Itaipu Binacional. The foundation manages three benefit plans — Plano BD Saldado (Defined Benefit, closed to new participants since February 29, 2024), Plano Plus CD (Defined Contribution for active Itaipu employees with progressive aliquot contributions), and Plano Família Itaipu (institutional Defined Contribution plan extended to HMCC and PTI collaborators) — alongside complementary services such as personal loans (Empréstimo Fibra) and a participant mobile application. The entity operates as a non-profit under Brazilian Complementary Law 109/2001 and is regulated by PREVIC.
Product overview
FIBRA (Fundação Itaipu Brasil de Previdência e Assistência Social) is a closed private pension entity (fundo de pensão) that administers three main benefit plans: Plano BD Saldado (Defined Benefit Plan - closed to new participants since 29/02/2024), Plano Plus CD (Defined Contribution Plan for active employees), and Plano Família Itaipu (institutional plan for HMCC and PTI). The company also offers complementary services including personal loans, a mobile app, video content (TV Fibra), news portal (Fibra Notícias), pension education website, participant portal (Área do Participante), and Annual Information Report (RAI). The plans are governed by PREVIC and subject to Brazilian pension legislation.
Differentiator
Problem solved
Functional benefit
Brands
- Plano BD Saldado: Defined Benefit Plan that underwent settlement process in 2022, enrollment closed from 29/02/2024.
- Plano Plus CD
- Plano Família Itaipu
- TV Fibra
- Fibra Notícias
- Educação Previdenciária
Products and services
- Plano BD Saldado Defined Benefit Plan for FIBRA participants that underwent settlement as of February 29, 2024 with enrollment closed to new participants. Provides supplemental retirement benefits including retirement by contribution time, retirement by age, disability retirement, special retirement, funeral assistance, pension by death, and contribution lockdown benefits.
- Plano Plus CD Defined Contribution Plan for active employees of Itaipu Binacional. Participants make contributions via progressive aliquots on remuneration, with optional adhesion at any time. Features include Programmed Retirement, Disability Retirement, Pension by Death, Longevity Benefit, Funeral Assistance, and Temporary Portability Income.
- Plano Família Itaipu Institutional Defined Contribution pension plan established by FIBRA, extended to HMCC and PTI collaborators. Features a target allocation of 72% Fixed Income, 12% Structured Multimarket, 8% Variable Income, and 8% International Investments. Achieved returns of 149% CDI in 2021 and surpassed 100 adhesions shortly after launch.
- Empréstimo Fibra Personal loan service for FIBRA participants, accessible through the participant area. Includes dedicated customer service via WhatsApp and operates with special end-of-year recesso periods.
Quantifiable outcome
- 149% of CDI return achieved by Plano Família Itaipu in 2021
- +2 more outcomes
Companies that use FIBRA
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
FIBRA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
FIBRA partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, major and minor.
- Itaipu BinacionalcorePrimary sponsor of Fibra pension plans. Due to the international nature of Itaipu Binacional, Fibra is subject to Complementary Law 109/2001. Itaipu contributes monthly to cover planned benefit costs as defined in the funding plan actuarial review.
- PREVIC (Superintendência Nacional de Previdência Complementar)coreRegulatory oversight body for closed private pension entities (EFPC) in Brazil. Fibra's actions are regulated by this government body.
- ABRAPP (Associação Brasileira das Entidades Fechadas de Previdência Complementar)majorBrazilian association of closed private pension entities that grants self-regulation seals for corporate governance and investment governance. Fibra has received both Selo de Autorregulação em Governança Corporativa and Selo de Autorregulação em Governança de Investimentos.
- ICSS (Instituto de Certificação Institucional e dos Profissionais de Seguridade Social)majorCertification institute for institutional and professional credentials in social security. Awards Selo de Excelência em Governança recognizing leadership training investment and governance body performance.
- LixotecminorAssociation that performs free electronic waste collection for over 10 years, partnered with Fibra to establish an electronic waste collection point at Fibra headquarters as part of the IPES socio-environmental program.
- IBRC (Instituto Ibero Brasileiro de Relacionamento com o Cliente)minorIndependent research institute conducting Fibra's 2025 Satisfaction Survey through multiple channels including SMS, WhatsApp, telephone calls, and web surveys to gather participant feedback.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
FIBRA competitors and assessment
Company assessmentDirect peers
- Petros - Fundação Petrobras de Seguridade Social: Largest closed pension fund in Latin America, sponsored by Petrobras. Closely comparable to FIBRA in structure — single dominant sponsor, multiple benefit plans (BD/CD), governance certifications from ABRAPP, PREVIC oversight, and similar paritative governance.
- Forluz - Fundação Forluminas de Seguridade Social: Closed pension fund for Cemig (energy sector) employees. Comparable to FIBRA as a Brazilian energy-sector single-sponsor EFPC with BD/CD plan structure and PREVIC regulation.
- Real Grandeza - Fundação de Previdência e Assistência Social: Closed pension entity sponsored by Eletrobras/Eletronuclear — a state-controlled energy company, analogous to FIBRA's Itaipu (energy) sponsor. Operates EFPC structure with multiple benefit plans under PREVIC oversight.
- Valia - Fundação Vale do Rio Doce de Seguridade Social: Closed pension fund sponsored by Vale S.A., administering BD and CD plans. Comparable to FIBRA as a single-sponsor EFPC with industrial sponsor and similar regulatory and certification regime.
- Fapes - Fundação de Assistência e Previdência Social do BNDES: Closed pension fund for BNDES employees, regulated by PREVIC. Comparable to FIBRA in single-sponsor concentration (state-affiliated entity), multi-plan structure, and ABRAPP-governed certification framework.
- Previ - Caixa de Previdência dos Funcionários do Banco do Brasil: One of the largest Brazilian closed pension funds, sponsored by Banco do Brasil. Operates under the same EFPC regulatory regime as FIBRA and administers multi-plan (BD/CD) benefit structures for employees of a major Brazilian strategic entity.
- Banesprev - Fundo de Pensão dos Funcionários do Banespa/Santander: Closed pension fund originally for Banespa employees, now associated with Santander Brasil. Operates as a Brazilian EFPC with single-sponsor structure analogous to FIBRA's relationship with Itaipu.
- Funcef - Fundação dos Economiários Federais: Closed pension fund for Caixa Econômica Federal employees, operating as an EFPC under PREVIC. Comparable in single-sponsor concentration, multi-plan structure, and Brazilian regulatory framework to FIBRA.
Broad incumbents
- Brazilprev Seguros e Previdência: Open private pension provider (EAPC) offering PGBL/VGBL products to the broader Brazilian market. Indirect competitor to FIBRA's Plano Família for Itaipu employees' voluntary retirement savings decisions; included to capture open-market pension competition.
Others
- ABRAPP - Associação Brasileira das Entidades Fechadas de Previdência Complementar: Industry association representing Brazilian closed pension entities. Not a competing EFPC but the governing/standards body that grants FIBRA its governance certifications — relevant as ecosystem/regulatory peer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
FIBRA social profiles
Digital presenceFIBRA compliance and trust
Trust signalCompliance4 records
FIBRA financial estimates
Financial estimateRevenue estimate
Valuation estimate
FIBRA leadership team
Management profileNumber of profiles
Profiles8 records
FIBRA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FIBRA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FIBRA
What does FIBRA do?
Fundação Itaipu Brasil de Previdência e Assistência Social (FIBRA) is a closed private pension entity (EFPC) that administers supplemental pension benefit plans for employees, former employees, and family members of Itaipu Binacional. The foundation manages three benefit plans — Plano BD Saldado (Defined Benefit, closed to new participants since February 29, 2024), Plano Plus CD (Defined Contribution for active Itaipu employees with progressive aliquot contributions), and Plano Família Itaipu (institutional Defined Contribution plan extended to HMCC and PTI collaborators) — alongside complementary services such as personal loans (Empréstimo Fibra) and a participant mobile application. The entity operates as a non-profit under Brazilian Complementary Law 109/2001 and is regulated by PREVIC.
Is FIBRA a public or private company?
FIBRA is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was FIBRA founded?
FIBRA was founded in 1988. It employs 11 to 50 people.
Where is FIBRA based?
FIBRA is headquartered in Foz Do Iguaçu, Brazil, in the Latin America region.
How does FIBRA make money?
Two revenue lines are on record. Pension Contributions are the primary driver. The others are administrative Fees.
Who are FIBRA's main competitors?
Direct peers on record are Petros - Fundação Petrobras de Seguridade Social, Forluz - Fundação Forluminas de Seguridade Social, Real Grandeza - Fundação de Previdência e Assistência Social, Valia - Fundação Vale do Rio Doce de Seguridade Social, Fapes - Fundação de Assistência e Previdência Social do BNDES, Previ - Caixa de Previdência dos Funcionários do Banco do Brasil, Banesprev - Fundo de Pensão dos Funcionários do Banespa/Santander and Funcef - Fundação dos Economiários Federais. Brazilprev Seguros e Previdência is listed as a broad incumbent. ABRAPP - Associação Brasileira das Entidades Fechadas de Previdência Complementar is listed as an others.
Does FIBRA have an API?
No public API is recorded for FIBRA.
What industry is FIBRA in?
FIBRA's product category is Pension Fund Administration. Its primary akta.pro industry code is FSAAAGAB, Pension Master Trusts, Superannuation & Provident Funds. Its NAICS code is 52511 and its SIC code is 6311.