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.
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.