Comprehensive conversion management services ensure the transition to Newport Group is timely and accurate. These services include conversion schedules, data interface specifications, a customized transition communication plan, a hardcopy and online plan administration manual.
Enrollment Activity Analysis
In-depth plan information and analysis includes plan participation summary and projected deferrals, use of model portfolios, asset allocation detail, trends analysis, and recommendations to increase plan utilization.
A customized master calendar provides plan sponsors with a timeline of key events, activities and deliverables throughout the year.
Plan Sponsor Website
Our plan sponsor website is one of the most advanced executive benefits platforms available today. It’s designed to make your plan and account management less burdensome. You will have continuous access to customizable reports, accurate, up-to-the-minute plan and participant information, and the ability to align the participant experience with a company’s brand. In addition, the site allows sponsors to securely upload payroll files, review plan performance, post messages to participants, access participant information, and monitor transactions.
Plan Sponsor Reporting
You will have access to a robust reporting platform that allows sponsors to generate summary and detail-level reports covering all aspects of a plan including: participation rates, demographics, account balances, asset allocation, investment performance, and transaction activity—all in real time. You will also receive a comprehensive suite of accounting, financial, and tax reporting.