We provide numerical evidence that a px−ipy paired Bonderson-Slingerland (BS) non-Abelian hierarchy state is a strong candidate for the observed ν=12/5 quantum Hall plateau. We confirm the existence of a gapped incompressible ν=12/5 quantum Hall state with shift S=2 on the sphere, matching that of the BS state. The exact ground state of the Coulomb interaction at S=2 is shown to have a large overlap with the BS trial wave function. Larger overlaps are obtained with BS-type wave functions that are hierarchical descendants of general px−ipy weakly paired states at ν=5/2. We perform a finite-size scaling analysis of the ground-state energies for ν=12/5 states at shifts corresponding to the BS (S=2) and 3-clustered Read-Rezayi (S=−2) universality classes. This analysis reveals very tight competition between these two non-Abelian topological orders.