Company News

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

Feb 14, 2019

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. Our clients also indicated they are very likely to recommend us as a provider.  

This survey is one of our industry’s leading measures of companies’ satisfaction with their plan providers. Our awards include “Best in Class” honors in every service category measured by the magazine—including sponsor service/support, plan administration, education and communications, investments and fees, and technology.

Plansponsor is a premier monthly publication reporting on the retirement services industry. Recognition from this publication and our clients is especially gratifying during a time of tremendous growth for our company. These results are a tribute to our people and a validation of our focus on our mission and core values. We thank our clients for this important vote of confidence. 

Click here to download a copy of this announcement.


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 $100 billion in retirement assets under administration and more than $250 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 1,200 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. (“NGI”), an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit newportgroup.com or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or adviserinfo.sec.gov.

Newport Trust Company is a New Hampshire state-chartered trust company and wholly owned subsidiary of NGI. Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

The views expressed herein are those of NGI and are current only through the date indicated. These views are subject to change at any time based upon market or other conditions, and NGI disclaims any responsibility to revise these materials to reflect updated views. These views may not be relied upon as investment advice and, because investment decisions for NGI are based on many factors, may not be relied upon as an indication of trading intent.