An executive benefits provider is working with an outside trust company to launch a new executive benefits plan program for midsize companies.

MullinTBG Insurance Agency Services L.L.C., Los Angeles, is working with a unit of Wilmington Trust Corp., Wilmington, Del., to introduce the IDP Select non-qualified deferred comp program.

Wilmington Trust will handle corporate-owned life insurance premium remittance processing, benefit payment services, tax reporting and some aspects of rabbi trust services.

IDP Select clients can choose which insurance companies they want to underwrite the COLI, according to MullinTBG.