Company News

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. 
 

Newport Achieves High Rankings in PLANSPONSOR Recordkeeping Survey

PLANSPONSOR magazine, a premier monthly publication reporting on the retirement industry, has again ranked Newport among the nation’s largest and fastest growing defined contribution recordkeepers.

Newport to Strengthen Huntington Partnership, Acquire Its Recordkeeping and Administration Business

Newport announced that it has entered into an agreement with Huntington National Bank to assume its retirement recordkeeping and administration business. Huntington will continue to serve as plan advisor for its retirement plan services clients.

Clay Kennedy Joins Newport as Regional Director

Newport, a leading provider of retirement plan services, has announced that Clay Kennedy has joined the organization as a Regional Director.

Newport to Assist Clients by Offering Vital 3(16) Administrative Fiduciary Services at No Cost

Newport is offering cost-free 3(16) administrative fiduciary services as a way to assist clients and their human resource departments as they respond to issues stemming from the coronavirus (COVID-19) pandemic.

How Newport is Responding to COVID-19

Newport is focused on serving clients and retirement plan participants while also doing what we can to protect the health and well-being of our employees and communities.

Keeping You Informed on Newport’s Response to Coronavirus (COVID-19)

Amid growing concerns about coronavirus (COVID-19), we want you to know that our company is committed to providing a high level of service. We have been working to mitigate any potential impact to our clients and advisor partners, as well as protecting our employees and the communities in which we live and work.

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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 and wholly owned subsidiary of Newport Group, Inc.
Securities are offered through Newport Group Securities, Inc., a dually registered investment advisor and broker dealer, member FINRA and affiliate of Newport Group, Inc. Securities in California are offered under the Newport Securities Insurance Services. See BrokerCheck for more information. Other insurance products may be offered by Newport Group, Inc.
For more information about Newport Group Consulting and its services, please refer to our Form ADV Part 2A.
Newport Trust Company, is a New Hampshire state chartered trust company and wholly owned subsidiary of Newport Group, Inc. Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.