Company News

Ascensus Closes Newport Merger Agreement

Leading provider of tax-advantaged savings and related services will serve more than 15 million savers with expanded technology, solutions, and expertise

Newport Awarded Best in Class Honors in 2021 PLANSPONSOR Defined Contribution Survey

Newport was recognized with honors in all service areas measured in this important industry survey, which ranks a company's satisfication with their retirement plan provider. These include participant services, sponsor services and support, investments and fees, and recordkeeping platforms.
 

Newport Websites Ranked Again Among Best in Industry

Newport’s participant and plan sponsor websites have been ranked among the among the best in the industry, according to DALBAR, the nation’s leading financial services market research firm.

Ascensus and Newport to Combine and Create a Leading Provider in Tax-Advantaged Savings 

Ascensus has entered into a definitive agreement under which Newport will merge with Ascensus. The newly combined organization will offer a broader set of capabilities and products to benefit institutional partners, clients, advisors, and savers.
 

Newport Websites Ranked Again Among Best in Industry

A market research firm has again ranked Newport's plan participant and plan sponsor websites among the very best in the retirement services industry.

Newport Named Leading DC Recordkeeper by PLANSPONSOR Magazine

PLANSPONSOR magazine has again ranked Newport as one of the leading defined contribution recordkeepers as well as one of the industry’s largest retirement services providers.
 

Newport Senior Relationship Manager Recognized as PLANSPONSOR Service Star

Senior Relationship Manager Jodi Throdahl of our St. Petersburg office has been recognized as a PLANSPONSOR Service Star for her dedication to excellent client service. Jodi was selected from more than 700  retirement services professional nomination for this annual award, which is part of PLANSPONSOR’s annual Defined Contribution Survey—one of the industry’s leading measures of companies’ satisfaction with their plan providers.

Newport Websites Again Recognized as Industry-Leading

The financial services market research firm DALBAR again ranks Newport's participant and plan sponsor websites among the best in the retirement services industry.

Newport Awarded 64 'Best in Class' Honors in PLANSPONSOR DC Survey

Newport earned 64 “Best in Class” awards in PLANSPONSOR magazine’s 2020 Defined Contribution Survey, another strong, consistent showing in this annual industry survey.

Newport Acquires and Welcomes Plan Administrators, Inc. (PAi)

Newport Group, Inc. (Newport) announced today that it has completed the purchase of Plan Administrators, Inc. (PAi), a third party administrator and recordkeeper headquartered in De Pere, Wisconsin. PAi—along with its affiliate PAi Trust Company—is now a wholly owned subsidiary of Newport, and will continue to operate under the PAi name. 
 

Copyright © 2015-2022 Newport Group, Inc.  All rights reserved.
Unauthorized access is prohibited. This site is designed for U.S. residents only.

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.  

Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

Newport Group Consulting, LLC, Newport Group Securities, Inc., and Newport Trust Company are subsidiaries of Newport Group, Inc., an Ascensus Company.