401(k) · DOL Form 5500 · 2023
Newport Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $347M
- Total assets
- 18,345
- Participants
- 97th
- Percentile by assets
- $18,926
- Avg per participant
Official DOL plan name: Savewisetm Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services
$347M in assets, 18,345 participants
Newport Group, Inc.'s Savewisetm Pooled Employer Plan reported $347M in total assets and 18,345 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #19,820 in Professional & Technical Services (20,321 peers)
Coverage in California
Savewisetm Pooled Employer Plan covers 18,345 participants in California, 29x the typical California plan (state average ~630 per filing). Assets: $347M.
- $347M
- total plan assets (2023 EOY)
- 18,345
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $18,926
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Savewisetm Pooled Employer Plan reported net income rose from $13M in the plan year 2022 filing to $72M in the plan year 2023 filing.
- Savewisetm Pooled Employer Plan reported participants rose from 6,211 in the plan year 2022 filing to 18,345 in the plan year 2023 filing.
- Savewisetm Pooled Employer Plan end-of-year assets rose from $136M in the plan year 2022 filing to $347M in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Savewisetm Pooled Employer Plan reports 18,345 participants - 29x that state average ($347M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $136M |
|---|---|
| Net Assets (End of Year) | $347M |
| Net Income | $72M |
| Employer EIN | 272037969 |
| Plan Effective Date | 2021-04-01 |
| 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.
Savewisetm 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 Savewisetm Pooled Employer Plan
Savewisetm Pooled Employer Plan reports $347M in end-of-year assets across 18,345 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $18,926 per participant (14% of the national average assets-per-participant) . Net income for plan year 2023 was $72M.
This plan identity (EIN 272037969, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $136M to $431M (+217.2%) while covered participants moved from 6,211 to 23,074 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,211 | $136M | Open filing |
| 2023 | 18,345 | $347M | This page |
| 2024 · index core | 23,074 | $431M | 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 Savewisetm Pooled Employer Plan by total assets, not by location.
- Standard Chartered Bank Employees Capital Accumulation Plan (NJ) $347M · 1,103
- Greenman-Pedersen, Inc. 401(k) Profit Sharing Plan and Trust (NY) $347M · 1,482
- Bayada Home Health Care 401(k) Plan (NJ) $348M · 40,647
- Retirement Savings Plan (OH) $347M · 1,249
Frequently Asked Questions
How did Savewisetm Pooled Employer Plan assets move in 2023? ▼
How have Newport Group, Inc. plan assets changed over time? ▼
Where does Savewisetm Pooled Employer Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Savewisetm Pooled Employer Plan? ▼
Next read for Savewisetm Pooled Employer Plan
Filing takeaways
Ways to act on Savewisetm Pooled Employer Plan's numbers.
- By total assets, Savewisetm Pooled Employer Plan ranks in the top 5% 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