NEW ROADS, La., Aug. 2 /PRNewswire/ -- The Pangburn Company, afee-for-service third party administrator (TPA) of nonqualified executivebenefit plans and its strategic partner, TPC Consulting, a fee-for-serviceTPA of Bank Owned Life Insurance (BOLI), today announced that they willbegin operating jointly under "THE PANGBURN GROUP." As a central part ofthis venture, they have created a new web portal athttp://pangburngroup.com Brian E. Pangburn, President & Chief Technology Officer of The PangburnCompany, commented, "The pangburngroup.com portal will allow everyone withwhom we work to access our companies and services from a single location.We are very excited because as part of pangburngroup.com we've launchedbrand new secure sites for our plan sponsors and participants built onEnterprise Java technology. These sites include a number of new featuresincluding online participant enrollment. We will also be rolling outadditional enhancements over the coming months." THE PANGBURN GROUP also introduces two new servicing organizations, TPCActuarial, an actuarial consulting firm specializing in COLI & BOLI, andPangburn Technology, a custom software company specializing in technologysolutions for nonqualified executive benefit plans. About The Pangburn Company The Pangburn Company was founded in 1996 in response to the demand forfee-based plan administrative services in the nonqualified executivebenefit marketplace. Today, The Pangburn Company is one of the fewprivately-owned, fee-for-service, nonqualified executive benefit plan thirdparty administrators operating on a national basis. Client plans range fromsimple one-life split dollar plans in small closely-owned businesses tomulti-hundred-life defined contribution plans in Fortune 500 companies. ThePangburn Company combines experience with technology to bringstate-of-the-art plan administration to its clients. About TPC Consulting TPC Consulting is an independent privately-owned provider of consultingand risk management services to financial institutions that have purchasedor are contemplating the purchase of Bank Owned Life Insurance (BOLI). TPCConsulting does not participate, directly or indirectly, in the sale oflife insurance, mutual funds, or other financial products. As afee-for-service provider, TPC Consulting does not participate in the saleof financial products. TPC Consulting offers financial institutions anunbiased analysis of their BOLI holdings and is in a unique position toassist with the implementation and/or post-sale assessment of riskmanagement programs. They also provide financial institutions sponsoringnonqualified executive benefit plans with comprehensive state-of-the-artplan administration.
