401(k) · DOL Form 5500 · 2023
Newport Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $130M
- Total assets
- 6,841
- Participants
- 93rd
- Percentile by assets
- $19,066
- Avg per participant
Official DOL plan name: Ascensus Secure Retirement Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services
$130M in assets, 6,841 participants
Newport Group, Inc.'s Ascensus Secure Retirement Pooled Employer Plan reported $130M in total assets and 6,841 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #19,121 in Professional & Technical Services (20,321 peers)
Coverage in California
Ascensus Secure Retirement Pooled Employer Plan covers 6,841 participants in California, 11x the typical California plan (state average ~630 per filing). Assets: $130M.
- $130M
- total plan assets (2023 EOY)
- 6,841
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $19,066
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ascensus Secure Retirement Pooled Employer Plan reported net income rose from -$16M in the plan year 2022 filing to $34M in the plan year 2023 filing.
- Ascensus Secure Retirement Pooled Employer Plan end-of-year assets rose from $49M in the plan year 2022 filing to $130M in the plan year 2023 filing.
- Ascensus Secure Retirement Pooled Employer Plan reported participants rose from 4,688 in the plan year 2022 filing to 6,841 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Ascensus Secure Retirement Pooled Employer Plan reports 6,841 participants - 11x that state average ($130M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $49M |
|---|---|
| Net Assets (End of Year) | $130M |
| Net Income | $34M |
| 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 $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Scale composition for Ascensus Secure Retirement Pooled Employer Plan
Ascensus Secure Retirement Pooled Employer Plan reports $130M in end-of-year assets across 6,841 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 $19,066 per participant (14% of the national average assets-per-participant) . Net income for plan year 2023 was $34M.
This plan identity (EIN 272037969, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $49M to $206M (+321.1%) while covered participants moved from 4,688 to 10,586 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,688 | $49M | Open filing |
| 2023 | 6,841 | $130M | This page |
| 2024 · index core | 10,586 | $206M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Savewisetm Pooled Employer Plan (401(k), $431M, 23,074 participants)
- Lutz Financial Pooled Employer Plan (401(k), $369M, 4,628 participants)
- Ascensus Secure Retirement Pooled Employer Plan (401(k), $206M, 10,586 participants)
- Fiducient Advisors Pooled Employer Plan (401(k), $174M, 2,596 participants)
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.
- Regional West Health Services Retirement Savings Plan (NE) $130M · 1,216
- Big 'i' Mep 401(k) Plan (VA) $130M · 737
- Jackson Kelly PLLC 401(k) Ps Plan Trust (WV) $130M · 274
- Bryn Mawr Medical Specialists Association Profit Sharing Plan (PA) $131M · 333
Frequently Asked Questions
How did Ascensus Secure Retirement Pooled Employer Plan assets move in 2023? ▼
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 10% 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