401(k) · DOL Form 5500 · 2022

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
4,688
Participants Above avg headcount
88th
Percentile by assets National rank
$10,415
Avg per participant Low balance/head
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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.

  • #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.

#19,155
in Professional & Technical Services (21,562 peers)
-76.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

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.

Ascensus Secure Retirement Pooled Employer Plan's outsized position by total assets

Ascensus Secure Retirement Pooled Employer Plan vs every filed plan by assets

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

$48,827,765 Top 12% higher than 88% 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

Ascensus Secure Retirement 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. Ascensus Secure Retirement Pooled Employer Plan lands in the large band (4,688 participants).

Form 5500 schedule snapshot

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

Ascensus Secure Retirement Pooled Employer Plan · $49M · 4,688 · 88th

  • PART $49M
  • PART 4,688
  • PART 88th
  • PART 401(k)
  • PART near Benderson Development Co., LLC 401(k) Retirement Plan
  • PART ind #19155

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 →

Ascensus Secure Retirement Pooled Employer Plan in the asset neighbourhood

Ascensus Secure Retirement Pooled Employer PlanAscensus Secure Retirement P…$49MBenderson Development Co., LLC 401(k) Retirement PlanBenderson Development Co., L…$49MEpiserver, Inc. 401(k) Profit Sharing Plan & TrustEpiserver, Inc. 401(k) Profi…$49MQualified Emergency Specialists, Inc. 401(k) Profit Sharing PlanQualified Emergency Speciali…$49MGulf Island Fabrication Inc. Qualified Retirement PlanGulf Island Fabrication Inc.…$49M
End-of-year total assets ($M) among Ascensus Secure Retirement Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$204M
Net Assets (End of Year)$49M
Net Income-$16M
Employer EIN272037969
Plan Effective Date2021-02-01
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.

Ascensus Secure Retirement Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Ascensus Secure Retirement Pooled Employer Plan, Total assets ($B): 0.048827765 · Participants: 4688Ascensus Secure Retirement 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
Ascensus Secure Retirement Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Ascensus Secure Retirement Pooled Employer Plan side-by-side with 3 peers →

Ascensus Secure Retirement Pooled Employer Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Benderson Development Co., LLC 401(k) Retirement Plan in FL ($49M); by covered participants it is Osi Restaurant Partners, LLC Salaried Employees 401(k) Plan and Trust in FL (4,687 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,688 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 Ascensus Secure Retirement Pooled Employer Plan assets move in 2022? ▼
Ascensus Secure Retirement Pooled Employer Plan contracted severely - down 76.1% during 2022, from $204M to $49M. Reported net income was -$16M.
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 Ascensus Secure Retirement Pooled Employer Plan rank by assets among Form 5500 filers? ▼
Ascensus Secure Retirement Pooled Employer Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ascensus Secure Retirement Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Benderson Development Co., LLC 401(k) Retirement Plan in FL ($49M, 335 participants).
Which 401(k) plans cover a similar participant headcount to Ascensus Secure Retirement Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Osi Restaurant Partners, LLC Salaried Employees 401(k) Plan and Trust in FL (4,687 participants, $152M 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.