401(k) · DOL Form 5500 · 2023

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$347M
Total assets Above avg plan size
18,345
Participants Very large workforce
97th
Percentile by assets National rank
$18,926
Avg per participant Low balance/head
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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.

  • #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.

#19,820
in Professional & Technical Services (20,321 peers)
+155.5%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Savewisetm Pooled Employer Plan's outsized position by total assets

Savewisetm Pooled Employer Plan vs every filed plan by assets

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

$347,202,202 Top 3% higher than 97% 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

Savewisetm Pooled Employer Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savewisetm Pooled Employer Plan is a mega filing (18,345 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

DOL schedule card

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

Savewisetm Pooled Employer Plan · $347M · 18,345 · 97th

  • PCT $347M
  • EIN 18,345
  • RANK 97th
  • PHOTO 401(k)
  • IND near Standard Chartered Bank Employees Capital Accumulation Plan
  • EOY ind #19820

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 →

Savewisetm Pooled Employer Plan in the asset neighbourhood

Bayada Home Health Care 401(k) PlanBayada Home Health Care 401(…$348MStandard Chartered Bank Employees Capital Accumulation PlanStandard Chartered Bank Empl…$347MSavewisetm Pooled Employer PlanSavewisetm Pooled Employer P…$347MGreenman-Pedersen, Inc. 401(k) Profit Sharing Plan and TrustGreenman-Pedersen, Inc. 401(…$347MRetirement Savings Plan$347M
End-of-year total assets ($M) among Savewisetm Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$347M
Net Income$72M
Employer EIN272037969
Plan Effective Date2021-04-01
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.

Savewisetm Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Savewisetm Pooled Employer Plan, Total assets ($B): 0.347202202 · Participants: 18345Savewisetm 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
Savewisetm Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Savewisetm Pooled Employer Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Standard Chartered Bank Employees Capital Accumulation Plan in NJ ($347M); by covered participants it is Innova Solutions, Inc. Retirement Savings Plan in GA (18,338 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($347M here).

Similar participant headcount

Nearest other-state filings by covered participants (18,345 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 Savewisetm Pooled Employer Plan assets move in 2023? ▼
Savewisetm Pooled Employer Plan surged - up 155.5% during 2023, from $136M to $347M. Reported net income was $72M.
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 Savewisetm Pooled Employer Plan rank by assets among Form 5500 filers? ▼
Savewisetm Pooled Employer Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savewisetm Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Standard Chartered Bank Employees Capital Accumulation Plan in NJ ($347M, 1,103 participants).
Which 401(k) plans cover a similar participant headcount to Savewisetm Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Innova Solutions, Inc. Retirement Savings Plan in GA (18,338 participants, $329M 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.