The Pangburn Group
The Pangburn Group provides fee-for-service recordkeeping, plan design, and compliance services for nonqualified benefit plans and employer-owned life insurance, serving over 2,000 businesses, nonprofits, and financial institutions across all 50 US states.
- Company typePrivate
- Founded1996
- HeadquartersNew Roads, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What The Pangburn Group does
The Pangburn Group is a privately held third-party administrator headquartered in New Roads, Louisiana, that provides comprehensive recordkeeping and administration services for nonqualified benefit plans and employer-owned life insurance programs. Founded in 1996 by Wayne and Brian Pangburn, the firm operates through two wholly-owned subsidiaries — The Pangburn Company, Inc. (nonqualified deferred compensation plan administration) and TPC Consulting, Inc. (BOLI compliance and risk management for financial institutions). Services span plan design and consultation, ongoing recordkeeping, accounting, and regulatory compliance under IRC Section 409A, ERISA, and financial-institution rules, including DOL Top Hat Plan electronic filings.
The company's core technology is proprietary Java/J2EE software developed in-house and used exclusively for nonqualified plan recordkeeping, with a web platform delivering daily online valuation for account balance plans, secure access for participants, plan sponsors, and producers, and report exports in PDF and spreadsheet formats. The firm has held an annual AICPA SSAE 18 SOC 1 Type 2 examination for 19 consecutive years through NDB Accountants & Consultants, covering internal controls, IT infrastructure, software development lifecycle, and security. An in-house engineering team is led by a CFO/CTO with a Ph.D. in computer science, and consulting work is supported by a Fellow of the Society of Actuaries.
The Pangburn Group serves over 2,000 clients including businesses, nonprofit organizations, banks, and credit unions across all 50 states, on a strict fee-for-service basis with multi-year contracts and no commission or product-sourcing conflicts. Distribution combines direct sales to plan sponsors with an advisor-led referral channel maintained through relationships with financial advisors, major life insurers, and trust companies, supplemented by NAPA conference sponsorship and co-marketing content (articles, podcasts, webcasts). The firm remains family-led, with Brian E. Pangburn, Ph.D., serving as Principal & CEO and approximately 50 professionals dedicated to the niche.
The Pangburn Group firmographics
Firmographics- Name
- The Pangburn Group
- Legal name
- The Pangburn Group, Inc.
- Website
- https://pangburngroup.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Pangburn Group provides fee-for-service recordkeeping, plan design, and compliance services for nonqualified benefit plans and employer-owned life insurance, serving over 2,000 businesses, nonprofits, and financial institutions across all 50 US states.
- Ownership category
- akta.pro rank
The Pangburn Group industry classification
Industry- Product category
- Nonqualified Benefit Plan Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Life Insurance (6311), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Group Life Administration/Enrollment Platforms (TPA & Benefits Admin) (FSAIADAJ)
Keywords
Where The Pangburn Group is headquartered
LocationHeadquarters
- HQ city
- New Roads
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The Pangburn Group business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Fee-for-Service Recordkeeping Services: The company operates exclusively on a fee-for-service basis for recordkeeping nonqualified benefit plans and employer owned life insurance programs. Services include plan consultation, implementation, accounting, and compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Fee-for-service recordkeeping services |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
The Pangburn Group product offering
Product offeringCore offering
The Pangburn Group provides comprehensive recordkeeping solutions for nonqualified benefit plans and employer owned life insurance programs, delivered on a fee-for-service basis. Its offering spans plan design consultation, implementation, ongoing recordkeeping, accounting, compliance/risk management, DOL Top Hat electronic filings, and a proprietary web-based technology platform used by plan sponsors, participants, and producers.
Product overview
The Pangburn Group offers a comprehensive suite of nonqualified benefit plan recordkeeping solutions built on proprietary technology. The core offering consists of five interconnected components: (1) Recordkeeping Services for nonqualified benefit plans and employer owned life insurance, (2) Plan Design & Consultation for establishing new plans or revitalizing existing ones, (3) Financial Institution Compliance services for BOLI and regulatory guidance, (4) DOL Top Hat Filings electronic submission system with searchable database, and (5) a Proprietary Technology Platform providing web-based daily valuation, reporting, and secure access for participants, plan sponsors, and producers. All services are provided on a fee-for-service only basis.
Differentiator
Problem solved
Functional benefit
Products and services
- Recordkeeping Services Comprehensive recordkeeping solutions for nonqualified benefit plans and employer owned life insurance programs, providing accurate reports on a timely basis from plan consultation and implementation through ongoing accounting and compliance. Targeted at businesses, nonprofit organizations, and financial institutions of all sizes across all 50 states.
- Plan Design & Consultation Consulting services that recommend best practices in plan design and assist clients and advisors in determining solutions to retention and recruitment problems for nonqualified benefit plans, including SERPs, 401(k) mirror plans, phantom stock plans, 457(f) plans, and split dollar arrangements.
- Financial Institution Compliance Compliance guidance and risk management services for financial institutions navigating the dynamic regulatory environment, including Bank Owned Life Insurance (BOLI) programs, split dollar arrangements, and executive benefit plans.
- DOL Top Hat Filings Electronic filing system for Department of Labor Top Hat Plan statements with a searchable database of existing Top Hat filings across all 50 states, providing plan sponsors with a streamlined regulatory submission and lookup tool.
- Proprietary Technology Platform Proprietary software developed exclusively for nonqualified plans, providing a web-based platform for daily online valuation market for account balance plans, web reporting technologies, and secure participant/administrator access.
Quantifiable outcome
- Over 2,000 clients served across all 50 states
- +2 more outcomes
Companies that use The Pangburn Group
Customer profileNamed customers3 records
Segments3 records
The Pangburn Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
The Pangburn Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- NDB Accountants & Consultants, LLPcoreIndependent audit firm that has conducted Pangburn's SSAE 18 (SOC 1) Type 2 examinations for 19 consecutive years. The audit reviews Pangburn's internal controls, business process controls, IT infrastructure, and risk management.
- Sentinel PensionminorPangburn COO Trisha Morrison appeared on Sentinel Pension's TPA Tidbits Podcast discussing Nonqualified Plans 101.
- Penn MutualminorPangburn consultant Cliff Dixon appeared on Penn Mutual's Possibilities podcast to share insights on nonqualified plan design.
- John Hancock Advanced MarketsminorPangburn COO Trisha Morrison participated in a John Hancock podcast on Plan Administration for Nonqualified Executive Benefit Plans.
- NAPA (National Association of Plan Administrators)corePangburn sponsors NAPA's Nonqualified Plan Advisor Conference, where advisors can explore adding nonqualified plans to their business model and earn the Nonqualified Plan Advisor (NQPA) Certificate.
Scale indicators4 records
Recent moves8 records
Expansion highlights4 records
The Pangburn Group competitors and assessment
Company assessmentBroad incumbents
- Lincoln Financial Group: Lincoln Financial provides executive benefits, BOLI, and nonqualified plan solutions to corporate and bank clients, including recordkeeping-adjacent services. It competes with Pangburn for the same BOLI-heavy financial institution segment.
- Ascensus: Ascensus is one of the largest independent U.S. retirement and college savings TPAs, with a nonqualified plan recordkeeping business built in-house and via the Newport Group acquisition. It is the most direct scaled competitor to Pangburn's nonqualified plan administration offering.
- Prudential Financial: Prudential's Group Insurance and Retirement Strategies businesses offer nonqualified deferred compensation recordkeeping, executive benefit plans, and BOLI services—direct competitors to Pangburn's recordkeeping and employer-owned life insurance offerings.
- Principal Financial Group: Principal's retirement and insurance solutions include nonqualified executive benefit plans and BOLI/COLI products and administration for businesses and financial institutions, putting it in direct competition with Pangburn's recordkeeping and compliance services.
- Empower Retirement: Empower (formerly Great-West Financial) is a top-five U.S. retirement plan recordkeeper serving defined-contribution, defined-benefit, and nonqualified executive benefit plans. Its size and breadth of services overlap with Pangburn's recordkeeping and BOLI-adjacent capabilities.
- Fidelity Investments: Fidelity's Workplace Investing business provides nonqualified deferred compensation plan recordkeeping and executive benefits services for large corporate plans, making it a relevant institutional competitor to Pangburn.
- Voya Financial: Voya's Institutional Retirement and Employee Benefits segments provide nonqualified deferred compensation recordkeeping, group life, and BOLI-related services to corporate and financial institution clients—directly overlapping with Pangburn's core offerings.
Emerging players
- Milliman: Milliman is a global actuarial and consulting firm with deep nonqualified plan and executive compensation expertise, often competing with Pangburn on consulting, valuation, and design work for complex plans.
- Mercer: Mercer's Wealth and Health consulting practices advise on nonqualified executive benefit plan design, BOLI, and funding, with overlap in plan design and consulting that competes with Pangburn's consulting and compliance services.
- WTW (Willis Towers Watson): WTW provides actuarial, benefits administration, and BOLI consulting for corporate and financial institution clients. Its administration and consulting capabilities overlap with Pangburn's plan design and financial institution compliance offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
The Pangburn Group social profiles
Digital presenceThe Pangburn Group compliance and trust
Trust signalCompliance2 records
The Pangburn Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Pangburn Group leadership team
Management profileNumber of profiles
The Pangburn Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
The Pangburn Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Pangburn Group 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 The Pangburn Group
What does The Pangburn Group do?
The Pangburn Group provides comprehensive recordkeeping solutions for nonqualified benefit plans and employer owned life insurance programs, delivered on a fee-for-service basis. Its offering spans plan design consultation, implementation, ongoing recordkeeping, accounting, compliance/risk management, DOL Top Hat electronic filings, and a proprietary web-based technology platform used by plan sponsors, participants, and producers.
Is The Pangburn Group a public or private company?
The Pangburn Group is a private company. It is classified as family owned and is currently operating.
When was The Pangburn Group founded?
The Pangburn Group was founded in 1996. It employs 101 to 250 people.
Where is The Pangburn Group based?
The Pangburn Group is headquartered in New Roads, United States, in the North America region.
How does The Pangburn Group make money?
One revenue line is on record: fee-for-Service Recordkeeping Services.
Who are The Pangburn Group's main competitors?
Broad incumbents on record are Lincoln Financial Group, Ascensus, Prudential Financial, Principal Financial Group, Empower Retirement, Fidelity Investments and Voya Financial. Emerging players are Milliman, Mercer and WTW (Willis Towers Watson).
Does The Pangburn Group have an API?
No public API is recorded for The Pangburn Group.
What industry is The Pangburn Group in?
The Pangburn Group's product category is Nonqualified Benefit Plan Administration. Its primary akta.pro industry code is FSAIADAJ, Group Life Administration/Enrollment Platforms (TPA & Benefits Admin). Its NAICS code is 524292 and its SIC code is 6311.