401(k) · DOL Form 5500 · 2024

Newport Group, Inc. 401(k) Plan

Data updated 2026-08-25

$431M
Total assets Above avg plan size
23,074
Participants Very large workforce
97th
Percentile by assets National rank
$18,685
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

$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.

  • #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.

#19,704
in Professional & Technical Services (20,173 peers)
+24.2%
assets growth YoY
4.3×
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 2024 · DOL Form 5500

$431,139,330 Top 3% higher than 97% 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

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savewisetm Pooled Employer Plan is a mega filing (23,074 participants), the rightmost band on the breakdown.

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

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

Savewisetm Pooled Employer Plan · $431M · 23,074 · 97th

  • EBSA $431M
  • PART 23,074
  • TYPE 97th
  • NET 401(k)
  • BOOK near Love's and Affiliated Companies 401(k) Savings Plan
  • VS-ST ind #19704

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

Ardagh North America 401(k) PlanArdagh North America 401(k) …$432MValmet, Inc. Retirement Savings PlanValmet, Inc. Retirement Savi…$432MIBEW Local 347 Retirement and 401(k) PlanIBEW Local 347 Retirement an…$432MSavewisetm Pooled Employer PlanSavewisetm Pooled Employer P…$431MLove's and Affiliated Companies 401(k) Savings PlanLove's and Affiliated Compan…$431M
End-of-year total assets ($M) among Savewisetm Pooled Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$347M
Net Assets (End of Year)$431M
Net Income$68M
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. 050000100000150000 -200204060 Total assets ($B) Participants Savewisetm Pooled Employer Plan, Total assets ($B): 0.43113933 · Participants: 23074Savewisetm 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
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 $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:

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

Outside California, the nearest 401(k) by assets is Love's and Affiliated Companies 401(k) Savings Plan in OK ($431M); by covered participants it is Danaher Corporation & Subsidiaries Savings Plan in DC (23,090 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($431M here).

Similar participant headcount

Nearest other-state filings by covered participants (23,074 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 Savewisetm Pooled Employer Plan assets move in 2024? ▼
Savewisetm Pooled Employer Plan grew sharply - up 24.2% during 2024, from $347M to $431M. Reported net income was $68M.
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 123,622 plans that reported assets for plan year 2024 (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 Love's and Affiliated Companies 401(k) Savings Plan in OK ($431M, 30,084 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 Danaher Corporation & Subsidiaries Savings Plan in DC (23,090 participants, $6.5B 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.