401(k) · DOL Form 5500 · 2023

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
182
Participants Below avg headcount
49th
Percentile by assets National rank
$35,662
Avg per participant Low balance/head
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Official DOL plan name: Direct Advisors Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services

$6M in assets, 182 participants

Newport Group, Inc.'s Direct Advisors Pooled Employer Plan reported $6M in total assets and 182 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,713 in Professional & Technical Services (20,321 peers)

Coverage in California

Direct Advisors Pooled Employer Plan covers 182 participants in California, about 29% of the average California filer (state average ~630 per filing). Assets: $6M.

#9,713
in Professional & Technical Services (20,321 peers)
+23.1%
assets growth YoY

Direct Advisors Pooled Employer Plan's mid-pack asset rank among Professional & Technical Services and all filers

Direct Advisors Pooled Employer Plan vs every filed plan by assets

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

$6,490,536 49th percentile higher than 49% 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

Direct Advisors Pooled Employer Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Direct Advisors Pooled Employer Plan sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Direct Advisors Pooled Employer Plan reported net income rose from -$447K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Direct Advisors Pooled Employer Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Direct Advisors Pooled Employer Plan reported participants rose from N/A in the plan year 2022 filing to 182 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

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

Direct Advisors Pooled Employer Plan · $6M · 182 · 49th

  • EOY $6M
  • 5500 182
  • ASSETS 49th
  • PCT 401(k)
  • EIN near Smartercommerce 401(k) Savings Plan
  • RANK ind #9713

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 →

Direct Advisors Pooled Employer Plan in the asset neighbourhood

Direct Advisors Pooled Employer PlanDirect Advisors Pooled Emplo…$6MSmartercommerce 401(k) Savings PlanSmartercommerce 401(k) Savin…$6MTendercare Home Health Services Retirement PlanTendercare Home Health Servi…$6MTradewind Aviation LLC 401(k) PlanTradewind Aviation LLC 401(k…$6MArea Agency on Aging 1-B 401(k) PlanArea Agency on Aging 1-B 401…$6M
End-of-year total assets ($M) among Direct Advisors Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN272037969
Plan Effective Date2021-01-01
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.

Direct Advisors Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Direct Advisors Pooled Employer Plan, Total assets ($B): 0.006490536 · Participants: 182Direct Advisors 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
Direct Advisors Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Direct Advisors Pooled Employer Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Smartercommerce 401(k) Savings Plan in FL ($6M); by covered participants it is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Direct Advisors Pooled Employer Plan assets move in 2023? ▼
Direct Advisors Pooled Employer Plan grew sharply - up 23.1% during 2023, from $5M to $6M. Reported net income was $1M.
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 Direct Advisors Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Smartercommerce 401(k) Savings Plan in FL ($6M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Direct Advisors Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 participants, N/A 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.