401(k) · DOL Form 5500 · 2022

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-11

$136M
Total assets
6,211
Participants
94th
Percentile by assets
$21,882
Avg per participant
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Official DOL plan name: Savewisetm Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services

$136M in assets, 6,211 participants

Newport Group, Inc.'s Savewisetm Pooled Employer Plan reported $136M in total assets and 6,211 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #20,551 in Professional & Technical Services (21,562 peers)

Coverage in California

Savewisetm Pooled Employer Plan covers 6,211 participants in California, 9.9x the typical California plan (state average ~630 per filing). Assets: $136M.

$136M
total plan assets (2022 EOY)
6,211
covered participants
94th
percentile by assets (of 139,126 plans)
$21,882
avg assets per participant

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Savewisetm Pooled Employer Plan reports 6,211 participants - 9.9x that state average ($136M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$465K
Net Assets (End of Year)$136M
Net Income$13M
Employer EIN272037969
Plan Effective Date2021-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newport Group, Inc.)

$0B$0.5B$1B$1.5B$2B$2.5B 202220232024 $0.58B $1.88B ▲ +224.1%
Total plan assets by year, all Newport Group, Inc. plans on file
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.

Savewisetm Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants

Savewisetm 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 Savewisetm Pooled Em…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Savewisetm Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Savewisetm Pooled Employer Plan

Savewisetm Pooled Employer Plan reports $136M in end-of-year assets across 6,211 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $21,882 per participant (16% of the national average assets-per-participant) . Net income for plan year 2022 was $13M.

This plan identity (EIN 272037969, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $136M to $431M (+217.2%) while covered participants moved from 6,211 to 23,074 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,211 $136M This page
2023 18,345 $347M Open filing
2024 · index core 23,074 $431M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savewisetm Pooled Employer Plan by total assets, not by location.

Frequently Asked Questions

How did Savewisetm Pooled Employer Plan assets move in 2022?
Savewisetm Pooled Employer Plan surged - up 29154.4% during 2022, from $465K to $136M. Reported net income was $13M.
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 Savewisetm Pooled Employer Plan rank by assets among Form 5500 filers?
Savewisetm Pooled Employer Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Savewisetm Pooled Employer Plan?
Among 401(k) plans in other states, the closest by assets is Gibraltar 401(k) Plan in NY ($136M, 1,705 participants).

Filing takeaways

Ways to act on Savewisetm Pooled Employer Plan's numbers.