Articles

Our Commitment to Protecting Your Data 

Newport understands how important information and data security is to your business and ours. The trust you place in us to protect your important and often confidential information forms the foundation of our long-term relationship, and we understand our obligations to manage it effectively and securely.
 

Keeping Up With Wages is More Important Than Ever in Today's Tight Labor Market

How can employers keep their finger on the pulse of competitive pay in today’s highly competitive labor market? Newport's Compensation Consulting experts show you how.

Help Your Clients Put a Plug on Retirement Plan Leakage

The ability to access retirement savings in a financial emergency is a safety net that many employers want to provide for their employees. But most employers also want to strike a careful balance so that early access to retirement savings – referred to as plan leakage – doesn’t harm their employees’ chances of accumulating adequate retirement savings. Here are strategies that you can use to decrease plan leakage.

Plan Design Features to Drive Higher Savings Rates

Plan sponsors have several plan design options to help drive stronger participant savings outcomes. Newport's experts share insight on strategies that can help them find the right balance between helping employees prepare for retirement and staying on budget with plan expenses.

401(k) Nondiscrimination Testing: Balancing a Top Heavy Determination

A top-heavy determination can cast a bigger shadow than it should for those who may not be aware of the rules surrounding this nondiscrimination test for qualified retirement plans. Here's how you can help employers better understand top-heavy rules.

Impacted by the Great Resignation? Turn it Into the Great Retention

Are you impacted by the Great Resignation? Newport's experts reveal how to turn it into the Great Retention with winning compensation and benefits strategies. 

How the 2022 Cost of Living Increases May Impact Your Retirement Plan

Administering a retirement plan in compliance with the tax laws can be challenging. There are many rules that govern retirement plan operations. Some are tied to the contribution and compensation dollar limit. It’s important to be aware of these limits and how they interact, so you understand when additional employer contributions may be required or a plan design change may help your plan pass nondiscrimination tests. 

Managing Compensation and Benefits in a Competitive Labor Market

Compensation, Retirement and Benefits (CRB) programs are a crucial factor for recruiting and retaining top talent in 2021. Looking ahead to 2022, employers need to strategize about how to keep compensation and benefits programs competitive, while ensuring alignment with strategic company goals.

Add Value by Helping Plan Sponsors Develop a Fiduciary Calendar

Advisors can add value to their retirement plan support services by helping plan sponsors develop a strategy for satisfying their fiduciary duties under ERISA. Here's how to educate your plan sponsor clients about the importance of setting a schedule to complete fiduciary tasks, create a list of topics to address, and whom to invite to their meetings. 

BOLI Market Update

The COVID Economy has created a challenging earnings environment for banks.  Persistent low interest rates and high bank liquidity have caused many banks to look to bank-owned life insurance (BOLI) as an efficient and effective way to generate earnings. In this update, Newport shares the latest developments impacting the BOLI market.

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Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Securities in California are offered through Newport Securities Insurance Services. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov.  

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