401(k) · DOL Form 5500 · 2024
Newport Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $431M
- Total assets
- 23,074
- Participants
- 97th
- Percentile by assets
- $18,685
- Avg per participant
Official DOL plan name: Savewisetm Pooled Employer Plan · Sponsored by Newport Group, Inc. · California · Professional & Technical Services
$431M in assets, 23,074 participants
Newport Group, Inc.'s Savewisetm Pooled Employer Plan reported $431M in total assets and 23,074 participants in its 2024 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 123,622 plans)
- #19,704 in Professional & Technical Services (20,173 peers)
Coverage in California
Savewisetm Pooled Employer Plan covers 23,074 participants in California, 37x the typical California plan (state average ~630 per filing). Assets: $431M.
- $431M
- total plan assets (2024 EOY)
- 23,074
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $18,685
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Savewisetm Pooled Employer Plan reported participants rose from 18,345 in the plan year 2023 filing to 23,074 in the plan year 2024 filing.
- Savewisetm Pooled Employer Plan end-of-year assets rose from $347M in the plan year 2023 filing to $431M in the plan year 2024 filing.
- Savewisetm Pooled Employer Plan reported net income fell from $72M in the plan year 2023 filing to $68M in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Savewisetm Pooled Employer Plan reports 23,074 participants - 37x that state average ($431M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $347M |
|---|---|
| Net Assets (End of Year) | $431M |
| Net Income | $68M |
| 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
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Scale composition for Savewisetm Pooled Employer Plan
Savewisetm Pooled Employer Plan reports $431M in end-of-year assets across 23,074 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.025% of 93,925,755 covered participants) - about $18,685 per participant (14% of the national average assets-per-participant) . Net income for plan year 2024 was $68M.
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 | Open filing |
| 2024 · index core | 23,074 | $431M | This page |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- 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)
- Unity 401(k) Pooled Employer Plan (401(k), $146M, 1,334 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.
- Love's and Affiliated Companies 401(k) Savings Plan (OK) $431M · 30,084
- IBEW Local 347 Retirement and 401(k) Plan (MI) $432M · 3,268
- Valmet, Inc. Retirement Savings Plan (GA) $432M · 2,160
- Ardagh North America 401(k) Plan (IN) $432M · 2,167
Frequently Asked Questions
How did Savewisetm Pooled Employer Plan assets move in 2024? ▼
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