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Pen-Cal was founded in 1959 by Bob Penland. Bob graduated from the University of California, Berkeley with a business degree. After graduating, he attended Purdue University where he earned a degree in pension plan design and education. Bob quickly realized that his clients needed a more comprehensive service than what was currently being provided by the larger insurance company based administrative platform. Pen-Cal was founded with the goal to bring all facets of retirement plan consulting and administration under one roof. In order to do this, he invested a great deal of resources to technology and administrative staff. Today, 50 years later, Pen-Cal is one of the nation's leading executive and employee benefit firms and Plansponsor.com ranked us one of the top five executive benefit consulting firms in the United States.

PenCal Questions

The PenCal annual revenue was $21.7 million in 2026.

Terry O'Prey is the COO of PenCal.

9 people are employed at PenCal.

PenCal is based in Livermore, California.

The NAICS codes for PenCal are [54, 5419, 81, 812, 541].

The SIC codes for PenCal are [87, 874].

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