Company News

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

Jan 27, 2021

Walnut Creek, CA—January 27, 2021—Newport, a leading provider of retirement plans, insurance, and consulting services, announced today that it has been awarded 64 “Best in Class” awards in PLANSPONSOR magazine’s 2020 Defined Contribution Survey. 

This was another strong, consistent showing for the company in this annual industry survey.

We were ranked among the top providers for total awards, and were recognized with “Best in Class” honors in all service areas measured in the survey. These include participant services, sponsor services, plan administration, service teams and support, and investments and fees. 
In the area of service teams and support, we earned every honor possible across the four niches, or client markets, in which we qualified.

And just as rewarding, our clients indicated they are very likely to recommend us as a provider.  

PLANSPONSOR is the premier publication reporting on the retirement services industry, and its survey is one of the industry’s leading measures of companies’ satisfaction with their plan providers. 

About Newport
Headquartered in Walnut Creek, California, Newport is a leading independent retirement services provider that helps employers—and the advisors who serve them—prepare employees for a more financially secure retirement. The company has more than $140 billion in retirement assets under administration and more than $270 billion in corporate retirement and insurance assets. Newport maintains investment objectivity, fee transparency and a commitment to flexible, responsive service. Staffed by an exceptional team of nearly 1,600 retirement, insurance, and consulting professionals, the company provides retirement solutions tailored to the needs of employers of every size, from small businesses to the Fortune 1000.

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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.