Company News

Newport Group to Purchase PNC Bank's Vested Interest DC Recordkeeping Business 

Walnut Creek, CA—April 12, 2019—Newport Group, Inc. (“Newport Group”) and PNC Bank, National Association (“PNC Bank”) announced today that the two companies have entered into a definitive agreement by which Newport will purchase the Vested Interest® defined contribution plan recordkeeping business from PNC Bank. Terms of the transaction were not disclosed.

Newport Group in the Spotlight at NAPA's 2019 401(k) Summit

Newport Group's expertise will be front and center at the 2019 National Association of Plan Advisor's (NAPA) 401(k) Summit.

Meet the Team

Meet the Team: Kelly Jennings

Newport Group Receives 46 "Best In Class" Awards in Plansponsor Survey

Walnut Creek, CA—February 14, 2019—Newport Group has once again participated in Plansponsor magazine’s annual Defined Contribution Survey, and we are pleased to announce that we have achieved another impressive showing in this survey. The reviews from our plan sponsor clients helped place us among the Top 10 providers in the retirement services industry, with 46 “Best in Class” awards.

Highlights from Our 2018-19 Compensation, Retirement and Benefits Trends Report

Using flexible approaches for recruiting, rewarding and retaining talent. Finding “critical” value in non-qualified deferred compensation plans. And turning more frequently to high deductible health plans (HDHPs). These are just a few of the findings from Newport Group’s Compensation, Retirement and Benefits (CRB) Trends Report for 2018-19.
 

Newport Group Takes Center Stage at NAPA’s Non-Qualified Advisor Conference

Our industry leading expertise in non-qualified plans played a major role at a major industry event. Find out more, and learn how you can partner with us in the non-qualified marketplace.
 

Meet the Team

Newport Group’s Directors of Non-Qualified Client Services

Michael DiCenso Joins Newport as Executive Vice President

Walnut Creek, CA—June 19, 2018—Newport, a leading provider of retirement plans, insurance, and consulting services, announced today that Michael DiCenso has joined the organization as Executive Vice President.

Nicole McKay joins Newport as Regional Director for Non-Qualified Plans in the Midwest

Walnut Creek, CA—April 27, 2018—Newport , a leading provider of retirement plans, insurance, and consulting services, announced today that Nicole McKay has joined the organization as Regional Director for Non-Qualified Plans in the Midwest territory, as well as a Senior Relationship Manager for the company's bank-owned life insurance (BOLI) clients.

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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.