401(k) · DOL Form 5500 · 2022
Newport Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $49M
- Total assets
- 4,688
- Participants
- 88th
- Percentile by assets
- $10,415
- Avg per participant
Official DOL plan name: Ascensus Secure Retirement Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services
$49M in assets, 4,688 participants
Newport Group, Inc.'s Ascensus Secure Retirement Pooled Employer Plan reported $49M in total assets and 4,688 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- 88th percentile by assets (of 139,126 plans)
- #19,155 in Professional & Technical Services (21,562 peers)
Coverage in California
Ascensus Secure Retirement Pooled Employer Plan covers 4,688 participants in California, 7.4x the typical California plan (state average ~630 per filing). Assets: $49M.
- $49M
- total plan assets (2022 EOY)
- 4,688
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $10,415
- avg assets per participant
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Ascensus Secure Retirement Pooled Employer Plan reports 4,688 participants - 7.4x that state average ($49M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $204M |
|---|---|
| Net Assets (End of Year) | $49M |
| Net Income | -$16M |
| Employer EIN | 272037969 |
| Plan Effective Date | 2021-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Newport Group, Inc.)
| 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.
Ascensus Secure Retirement Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Ascensus Secure Retirement Pooled Employer Plan by total assets, not by location.
Frequently Asked Questions
How did Ascensus Secure Retirement Pooled Employer Plan assets move in 2022? ▼
How have Newport Group, Inc. plan assets changed over time? ▼
Where does Ascensus Secure Retirement Pooled Employer Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Ascensus Secure Retirement Pooled Employer Plan? ▼
Next read for Ascensus Secure Retirement Pooled Employ…
Filing takeaways
Ways to act on Ascensus Secure Retirement Pooled Employer Plan's numbers.
- By total assets, Ascensus Secure Retirement Pooled Employer Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Newport Group, Inc.'s sponsor-wide assets have grown 223.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans