Newport Group is more than a record keeper and more than a specialty boutique provider. We are a full-service provider. We offer fully-bundled and unbundled retirement solutions, allowing you to create an optimal retirement program. We design and administer retirement and benefit plans of every size, type and business requirement, and have done so for firms in virtually every sector of American business.
We offer not just 401(k) plans, but a full-range of retirement solutions
Full-Service Defined Contribution Plans
Our 401(k), 403(b) and 457 plan solutions allows you to select from virtually all publicly available mutual funds to create a customized line-up of the best funds. A dedicated, highly knowledgeable account manager helps you ensure that every aspect of your plan is covered, from recordkeeping and administration to plan design and documentation.
Defined Benefit/Defined Contribution Combined Plans
The complexity of the regulatory, compliance and fiduciary requirements and responsibilities for a combined plan can seem daunting. Newport Group’s highly trained professionals can help you ensure that important tasks such as discrimination testing is conducted correctly.
Money Purchase Pension Plans
We can guide you through the process of setting up a money purchase plan that is highly competitive and builds employee satisfaction.
Profit Sharing Plans
A profit sharing plan serves as a powerful incentive for attracting and retaining employees, delivering tax benefits to both employers and employees and giving employers contribution flexibility. Newport Group can assist you in assessing if a profit sharing plan would complement your existing plan and we can design a flexible plan to meet your firm's unique circumstances.