Company News

Newport Awarded Best in Class Honors in 2021 PLANSPONSOR Defined Contribution Survey

Feb 03, 2022

Walnut Creek, CA—February 03, 2022—Newport, a leading provider of retirement plans, insurance, and consulting services, announced today that it has again been ranked among top providers for total “Best in Class” awards in PLANSPONSOR magazine’s 2021 Defined Contribution Survey.

This was another strong, consistent showing for the company in this annual industry survey. Newport was recognized with honors in all service areas measured in the survey. These include participant services, sponsor services and support, investments and fees, and recordkeeping platforms.

In the combined markets for which we qualified; Newport tied for second among the 15 retirement services providers who participated in this year’s survey. And in those markets, we earned every honor possible in the areas of plan administration, investment options and account/client service teams. Even more rewarding, our clients indicated they are very likely to recommend us as a provider.  

PLANSPONSOR is the premier monthly 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 $150 billion in retirement assets under administration and more than $300 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 1,500 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 -

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 or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or

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.