ORLANDO, Fla.--(BUSINESS WIRE)--The Newport Group, a national provider of retirement and executive benefit plans, announced today that the firm is #1 in “Best in Class” awards in PLANSPONSOR® magazine’s 2014 Defined Contribution Survey. Newport earned a record 72 awards—the most of any other provider in the entire retirement services industry.
“Nothing is more important to Newport than delivering exceptional client service. It is our top priority, and has been every day since our founding 30 years ago,” said Newport Chief Executive Officer Peter Cahall. “We are honored that our plan sponsor clients recognized our efforts, and overwhelmingly expressed their confidence in us.”
The PLANSPONSOR survey is the industry’s leading measure of companies’ satisfaction with their plan providers. Newport earned “Best in Class” awards across a wide range of plan sizes and categories, including communications, technology, Participant Service Center, responsiveness of client service associates, range of investment options, fee fairness and fee disclosure. In addition, 99% of plan sponsors surveyed described themselves as “likely” to recommend Newport to others, with nearly 90% saying they were “extremely likely” to do so.
“We would like to thank our plan sponsor clients for their continued support and trust,” said Bryant Kirk, Newport’s Chief Operating Officer. “We would also like to thank the many Newport associates who are committed to providing them and the employees who participate in their retirement and executive benefit plans with outstanding service, each and every day.”
About The Newport Group
Founded in 1984, The Newport Group is a leading retirement services firm—specializing in the creative design and administration of retirement and executive benefit plans. Through its innovative and customized solutions, Newport is uniquely positioned to satisfy the distinct financial needs of employers and employees, and has done so for hundreds of the country’s largest and best-known companies.
Newport is headquartered in Heathrow (Orlando) FL, with service centers in Charlotte NC, Dallas TX, Greensboro NC, La Crosse WI, Los Angeles CA, Orlando, FL, Richmond VA, and St. Petersburg FL. Newport also has offices in Atlanta, Boston, Chicago, Cleveland, Denver, Nashville, New York NY, San Francisco, and St. Louis. For more information, visit www.newportgroup.com.
PLANSPONSOR magazine, an Asset International, Inc. publication, is the USA's leading authority on retirement issues and benefits programs. PLANSPONSOR.com provides comprehensive news and commerce services dedicated solely to helping employers and financial advisers navigate the complex world of retirement plans and benefit programs on behalf of their employees or clients. For more information, see www.plansponsor.com.
About Asset International
Asset International is a privately-held provider of information and technology to global pension funds, asset managers, financial advisers, banking service providers, and other financial institutions in the private and public sector. Its industry-leading brands include Strategic Insight, Simfund, Plan For Life, Chief Investment Officer, PLANSPONSOR, PLANSPONSOR Europe, PLANADVISER, aiCIO, Global Custodian, and The Trade. The company has offices in New York, London, Stamford CT, Hong Kong, Melbourne, Boston, Toronto and soon, the San Francisco Bay Area, and is backed by Genstar Capital.