The Newport Group Employee Directory
Financial Services501-1000 Employees
Newport Group is a financial services company that specializes in retirement services for employers and plan sponsors. It offers defined contribution solutions, along with plan administration and recordkeeping, and provides fiduciary support through partnerships such as 3(16) administration. The company is based in Walnut Creek, California, and employs a workforce in the hundreds, reflecting a mid-sized organizational footprint. Its clients include plan sponsors and participants seeking comprehensive retirement program management and investment program offerings, supported by collaborations with other providers in the industry. The firm has a history of partnerships and corporate activity to expand its service capabilities, including past collaborations with PlanMember Financial Corporation and Ancora Holdings Group. In November 2023, Ascensus College Savings, Inc. acquired Newport Group, marking a notable development in its corporate trajectory.