The Newport Group, Inc. 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $41.8 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

The Newport Group, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
THE NEWPORT GROUP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE NEWPORT GROUP, INC.
Participants
659
Former employees with a balance
0
Employer contributions
$431,524 in plan year 2015 (10% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jan 1, 1994
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Feb 1, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $4.14 million went into the plan in contributions, $431,524 of it from the employer (10%).
  • $3.19 million was paid out to participants.

How the The Newport Group, Inc. 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010529$25.1 million$275,131$1.80 million
2011542$26.3 million$320,799$4.07 million
2012610$30.0 million$329,789$2.92 million
2013633$37.0 million$378,581$2.93 million
2014660$41.3 million$391,961$1.80 million
2015 (final)659$0$431,524$3.19 million

The Newport Group, Inc. 401(k) Contact Information

Phone
407-333-2905
Mailing address
300 INTERNATIONAL PARKWAY SUITE 270, HEATHROW FL 32746
Plan sponsor
THE NEWPORT GROUP, INC.
Employer identification number (EIN)
59-2386168
Plan number
002

Questions about the The Newport Group, Inc. 401(k)

Is the The Newport Group, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2015.

Does The Newport Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $431,524, 10% of all contributions.

Does the The Newport Group, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Newport Group, Inc 401(k) plan?

659 participants at the start of plan year 2015.

Who manages the The Newport Group, Inc 401(k) accounts?

Newport (an Ascensus company) is the plan's recordkeeper, which is where participants log in to see their balance.

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