401(k) · DOL Form 5500 · 2022

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$176M
Total assets Near avg plan size
2,638
Participants Above avg headcount
95th
Percentile by assets National rank
$66,641
Avg per participant Below avg balance/head
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Official DOL plan name: Lutz Financial Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services

$176M in assets, 2,638 participants

Newport Group, Inc.'s Lutz Financial Pooled Employer Plan reported $176M in total assets and 2,638 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #20,760 in Professional & Technical Services (21,562 peers)

Coverage in California

Lutz Financial Pooled Employer Plan covers 2,638 participants in California, 4.2x the typical California plan (state average ~630 per filing). Assets: $176M.

#20,760
in Professional & Technical Services (21,562 peers)
+66.2%
assets growth YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lutz Financial Pooled Employer Plan's outsized position by total assets

Lutz Financial Pooled Employer Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$175,799,813 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Lutz Financial Pooled Employer Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lutz Financial Pooled Employer Plan lands in the large band (2,638 participants).

Published 5500 schedule card

Filing strip 272037969 · Newport Group, Inc. PY 2022 · 401(k)

Lutz Financial Pooled Employer Plan · $176M · 2,638 · 95th

  • SCH $176M
  • SCH 2,638
  • SCH 95th
  • SCH 401(k)
  • SCH near Specialtycare 401(k) Plan
  • SCH ind #20760

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in California →

Lutz Financial Pooled Employer Plan in the asset neighbourhood

Cantel Medical Retirement Savings PlanCantel Medical Retirement Sa…$176MHma Group Holdings, LLC 401(k) PlanHma Group Holdings, LLC 401(…$176MMead & Hunt, Inc. 401(k) Savings PlanMead & Hunt, Inc. 401(k) Sav…$176MLutz Financial Pooled Employer PlanLutz Financial Pooled Employ…$176MSpecialtycare 401(k) Plan$176M
End-of-year total assets ($M) among Lutz Financial Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$176M
Net Income-$9M
Employer EIN272037969
Plan Effective Date2021-07-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Newport Group, Inc.)

Sponsor-wide plan assets over time

All Newport Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 223.3356432771119% vs 2022
2024 filing year
$0B$0.5B$1B$1.5B$2B$2.5B 202220232024 $0.58B $1.88B ▲ +224.1%
Year Plans Participants Total Assets
2022 19 17,298 $581M
2023 30 45,238 $1.2B
2024 32 58,553 $1.9B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lutz Financial Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Lutz Financial Pooled Employer Plan, Total assets ($B): 0.175799813 · Participants: 2638Lutz Financial Pooled Employer PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Lutz Financial Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Lutz Financial Pooled Employer Plan side-by-side with 3 peers →

Lutz Financial Pooled Employer Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Specialtycare 401(k) Plan in TN ($176M); by covered participants it is Ziff Davis, Inc. Retirement Savings Plan in NY (2,639 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($176M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,638 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lutz Financial Pooled Employer Plan assets move in 2022? ▼
Lutz Financial Pooled Employer Plan surged - up 66.2% during 2022, from $106M to $176M. Reported net income was -$9M.
How have Newport Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport Group, Inc.'s sponsor-wide assets grew 223.3%, from $581M to $1.9B.
Where does Lutz Financial Pooled Employer Plan rank by assets among Form 5500 filers? ▼
Lutz Financial Pooled Employer Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lutz Financial Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Specialtycare 401(k) Plan in TN ($176M, 1,815 participants).
Which 401(k) plans cover a similar participant headcount to Lutz Financial Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ziff Davis, Inc. Retirement Savings Plan in NY (2,639 participants, $173M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 272037969.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.