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Company News

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.

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Articles

BOLI Purchases in Today's Banking Environment

During this challenging economic landscape, Bank Owned Life Insurance (BOLI) remains an asset banks should consider due to the consistent income produced by BOLI policies through high credit quality insurance companies. 

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Company News

Newport Agrees to Acquire PAi

Plan Administrators, Inc. (PAi) and Newport Group, Inc. (Newport) have announced that Newport will acquire PAi and its affiliate PAi Trust Company, Inc. (PAi Trust).

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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.