TPA Program Unveiled

May 28, 2002 ( - Pan-American Life, a New Orleans insurance and financial services company, has updated its online program giving retirement plan third party administrators (TPAs) access to a client's plan information.

According to a company press release, Pan-American’s TPA 401(k) product gives TPAs access to investment services, plan and participant reports, and educational information.

The company said the product features:

  • integration with DATAIR TPA software systems initially, with Quantech compatibility by the third quarter of 2002,
  • fund selection, evaluation and due diligence process through Standard & Poor’s, that can help limit exposure to fiduciary liability,
  • bilingual Internet and multimedia-based educational programs in English and Spanish, and
  • regional support from account managers and consultants to conduct education and enrollment seminars and provide local support to the TPA network