401(k) · DOL Form 5500 · 2024

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
935
Participants Near avg headcount
67th
Percentile by assets National rank
$17,940
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hb 3(38) Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services

$17M in assets, 935 participants

Newport Group, Inc.'s Hb 3(38) Pooled Employer Plan reported $17M in total assets and 935 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #13,286 in Professional & Technical Services (20,173 peers)

Newport Group, Inc. multi-year trail

Newport Group, Inc.'s plans moved +223.3% in assets from 2022 to 2024; this filing shows Hb 3(38) Pooled Employer Plan at $17M / 935 participants.

#13,286
in Professional & Technical Services (20,173 peers)
+51.3%
assets growth YoY

Hb 3(38) Pooled Employer Plan's outsized position by total assets

Hb 3(38) Pooled Employer Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,774,034 Top 33% higher than 67% of 123,620 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 2024

Hb 3(38) Pooled Employer Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hb 3(38) Pooled Employer Plan sits mid-pack in the medium band (935 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hb 3(38) Pooled Employer Plan end-of-year assets rose from $11M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Hb 3(38) Pooled Employer Plan reported participants rose from 734 in the plan year 2023 filing to 935 in the plan year 2024 filing.
  • Hb 3(38) Pooled Employer Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 272037969 · Newport Group, Inc. PY 2024 · 401(k)

Hb 3(38) Pooled Employer Plan · $17M · 935 · 67th

  • PART $17M
  • TYPE 935
  • NET 67th
  • BOOK 401(k)
  • VS-ST near Silverback Asset Management, LLC 401(k) Profit Sharing Plan
  • BOY ind #13286

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 →

Hb 3(38) Pooled Employer Plan in the asset neighbourhood

Tab Products Co. Tax Deferred Savings PlanTab Products Co. Tax Deferre…$17MHb 3(38) Pooled Employer Plan$17MSilverback Asset Management, LLC 401(k) Profit Sharing PlanSilverback Asset Management,…$17MFinser Corporation 401(k) Retirement PlanFinser Corporation 401(k) Re…$17MLongfellow Real Estate Partners, LLC 401(k) PlanLongfellow Real Estate Partn…$17M
End-of-year total assets ($M) among Hb 3(38) Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$17M
Net Income$5M
Employer EIN272037969
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Hb 3(38) Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hb 3(38) Pooled Employer Plan, Total assets ($B): 0.016774034 · Participants: 935Hb 3(38) Pooled Employer PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Hb 3(38) Pooled Employer Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Hb 3(38) Pooled Employer Plan side-by-side with 3 peers →

Hb 3(38) Pooled Employer Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Silverback Asset Management, LLC 401(k) Profit Sharing Plan in NC ($17M); by covered participants it is M. H. Logistics Corporation 401(k) Retirement & Savings Plan in IL (935 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (935 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hb 3(38) Pooled Employer Plan assets move in 2024? ▼
Hb 3(38) Pooled Employer Plan surged - up 51.3% during 2024, from $11M to $17M. 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 Hb 3(38) Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by assets is Silverback Asset Management, LLC 401(k) Profit Sharing Plan in NC ($17M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Hb 3(38) Pooled Employer Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is M. H. Logistics Corporation 401(k) Retirement & Savings Plan in IL (935 participants, $115M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.