Jul 12, 2017
Walnut Creek, CA—July 12, 2017
— We are pleased to announce that the retirement industry’s leading publication has again named Newport Group one of the nation’s largest defined contribution recordkeepers.
In its annual list of top recordkeepers, Plansponsor
magazine ranked Newport Group 17th out of the more than 50 firms featured in the survey.
This year’s ranking positions us firmly among the best-known brands in retirement services
, and further solidifies our position as one of the largest independent recordkeepers working through financial advisors. It also reflects the growth of our entire retirement business—both qualified and non-qualified. In addition, Newport Group ranked:
- #11 in assets by plans in the $10 million to $100 million range
- #1 in non-qualified assets, as our ranking from last year continues to stand
These rankings are the result of our ongoing commitment to our sponsors, advisors and our core values: accountability, client focus, collaboration, integrity, and knowledge.
Click here to view this year's survey results.
About Newport Group
Headquartered in Walnut Creek, California, Newport Group is a leading independent retirement services firm that helps employers – and the advisors who serve them – prepare employees for a more financially secure retirement. The company has more than $80 billion in retirement assets under administration and more than $150 billion in corporate retirement and insurance assets. Newport Group maintains investment objectivity, fee transparency and a commitment to flexible, responsive service. Staffed by an exceptional team of more than 1,000 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