401(k) · DOL Form 5500 · 2023

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
1,108
Participants Near avg headcount
68th
Percentile by assets National rank
$14,299
Avg per participant Low balance/head
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Official DOL plan name: Truecourse 401(k) Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services

$16M in assets, 1,108 participants

Newport Group, Inc.'s Truecourse 401(k) Pooled Employer Plan reported $16M in total assets and 1,108 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #13,748 in Professional & Technical Services (20,321 peers)

Newport Group, Inc. multi-year trail

Newport Group, Inc.'s plans moved +223.3% in assets from 2022 to 2024; this filing shows Truecourse 401(k) Pooled Employer Plan at $16M / 1,108 participants.

#13,748
in Professional & Technical Services (20,321 peers)
+57.9%
assets growth YoY

Truecourse 401(k) Pooled Employer Plan's outsized position by total assets

Truecourse 401(k) Pooled Employer Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,843,566 Top 32% higher than 68% of 127,068 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 2023

Truecourse 401(k) Pooled Employer Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Truecourse 401(k) Pooled Employer Plan lands in the large band (1,108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Truecourse 401(k) Pooled Employer Plan reported participants rose from 215 in the plan year 2022 filing to 1,108 in the plan year 2023 filing.
  • Truecourse 401(k) Pooled Employer Plan reported net income rose from $1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Truecourse 401(k) Pooled Employer Plan end-of-year assets rose from $10M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 272037969 · Newport Group, Inc. PY 2023 · 401(k)

Truecourse 401(k) Pooled Employer Plan · $16M · 1,108 · 68th

  • PCT $16M
  • EIN 1,108
  • RANK 68th
  • PHOTO 401(k)
  • IND near Pennsylvania Medical Society 401(k) Retirement Savings Plan
  • EOY ind #13748

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 →

Truecourse 401(k) Pooled Employer Plan in the asset neighbourhood

Truecourse 401(k) Pooled Employer PlanTruecourse 401(k) Pooled Emp…$16MPennsylvania Medical Society 401(k) Retirement Savings PlanPennsylvania Medical Society…$16MFire Fighter Sales & Service Co. 401(k) PlanFire Fighter Sales & Service…$16MMeadows Bank 401(k) Retirement PlanMeadows Bank 401(k) Retireme…$16MR.W. Troxell & Company 401(k) Profit Sharing PlanR.W. Troxell & Company 401(k…$16M
End-of-year total assets ($M) among Truecourse 401(k) Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Newport Group, Inc. multi-year asset trail

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

Newport Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$16M
Net Income$5M
Employer EIN272037969
Plan Effective Date2021-05-25
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Truecourse 401(k) Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Truecourse 401(k) Pooled Employer Plan, Total assets ($B): 0.015843566 · Participants: 1108Truecourse 401(k) Pooled Employer PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Truecourse 401(k) Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Truecourse 401(k) Pooled Employer Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Pennsylvania Medical Society 401(k) Retirement Savings Plan in PA ($16M); by covered participants it is Quaker Houghton Retirement Savings Plan in PA (1,108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,108 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Truecourse 401(k) Pooled Employer Plan assets move in 2023? ▼
Truecourse 401(k) Pooled Employer Plan surged - up 57.9% during 2023, from $10M to $16M. Reported net income was $5M.
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.
Which 401(k) plans are similar in size to Truecourse 401(k) Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pennsylvania Medical Society 401(k) Retirement Savings Plan in PA ($16M, 78 participants).
Which 401(k) plans cover a similar participant headcount to Truecourse 401(k) Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quaker Houghton Retirement Savings Plan in PA (1,108 participants, $252M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.