the newport group - corporate overview
DESCRIPTION
Corporate Overview of the Newport Group.TRANSCRIPT
Looking at Your Organization From a New Perspective
C O R P O R A T E O V E R V I E W
Contents:
On Vision 2
Total Plan Management 3
Qualified Plan Services 4
Non-Qualified Deferred Compensation Plans 4
Investment Consulting Services 5
Visionary Technology 6
How We Do Business 8
From Vision to Value
the newport difference
Customized
Comprehensive
Proactive
Unbiased
Expert
Customized solutions for every client
Unbiased and objective investment advice
Comprehensive retirement programs
Expert resources across all disciplines
Proactiveclient service
ounded in 1984, The Newport Group is a leading
retirement services and asset management firm—
specializing in the creative design, funding, and
administration of qualified and non-qualified
retirement plans, as well as co-fiduciary investment
consulting services. 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.
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from vision to value. Whatever your vision, Newport can help transform it into real value for your organization. We are industry leaders, with offices across the nation and clients in all major industries. As a full-service provider of both qualified and non-qualified plans, we can deliver integrated solutions with our Total Plan ManagementSM approach. And our open architecture platform allows us to provide unbiased advice that gives our clients the freedom to choose the investments that are right for them.
complex problems, one simple solution. At Newport, we strive to understand a company’s specific goals. Our extensive experience allows us to find efficient solutions for unique plan requirements and complex funding scenarios. The result is that we design and deliver a customized solution for every client.
In the pages that follow, you will learn more about our services, our people and our philosophy. We look forward to working with you and helping you take your goals from vision to value.
t Newport, we believe vision is your most sustainable competitive asset. Products may come and go. Suppliers and partners may change. Entire marketplaces may shift. But vision is your anchor. Year after year, a consistent vision can help your organization navigate changing times and diverse market conditions.
the very essence of leadership is that you have to have a vision –Theodore Hesburgh (President Emeritus, University of Notre Dame)
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Four disciplines for mastering every phase of a company’s plans.
consultingExpert advice across plan design and implementation, encompassing a range of disciplines that address both qualified and non-qualified programs.
asset managementTotal flexibility to choose investments that maximize returns while minimizing risks, with unbiased recommendations to enable sound choices.
communication & educationCustom communication and education programs to reach employees through out their employment cycle, using a multimedia approach.
administrationFully integrated systems supported by a multi-disciplinary team, accessible via a single point of contact.
newport’stotal plan management SM
Consulting
Administration Asset Management
Communication & Education
Total PlanManagement
®
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non-qualified deferred compensation plansNewport’s deferred compensation programs can be a valuable supplement to a company’s 401(k) and other retirement plans—giving employers an edge in recruiting and retaining valuable executive leadership.
These state-of-the-art programs provide key executives with assistance in building wealth and a tax-efficient way to supplement their retirement.
We can evaluate the critical aspects of an existing plan and make recommendations on how to enhance it to help better meet the needs of plan sponsors and participants. Our extensive compensation, benefits and legal staff can custom-design a program that fits a sponsor’s
specific objectives. And we manage assets and benefit liabilities to neutralize potential volatility and negative impact on the balance sheet and P&L.
As with our qualified retirement plans, Newport offers an open architecture approach to investment choices and provides customized participant communication and education.
Helping company leaders reach their financial goals
Newport provides a full array of 401(k), 403(b), 457 and other defined contribution and defined benefit plans. We can reduce the administrative burden on the plan sponsor with a proven record of accuracy, timeliness, proactive client service, and state-of-the-art technology. And we have been recognized by Plansponsor magazine for the fairness of our fees and our fee disclosure.
As an investment consultant, we have no proprietary investment managers and our plans are not subject to any pre-determined proprietary fund requirements. This open architecture approach allows sponsors the flexibility to choose the investments that best suit the plan and its participants.
Newport plan participants receive superior communications and education that help inform and motivate them, creating a sense of excitement about the plan—not just during enrollment but throughout the employment cycle. Our goal is to increase participation and help employees reach their financial destinations.
Providing retirement solutions to plan sponsors and participants
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investment consulting servicesAs investment consultants, we believe that following a consistent, rigorous and disciplined investment process is the key to fulfilling a plan sponsor’s fiduciary obligations. The foundation of our investment process is original research, and we rely on our own in-house research staff and capabilities.
for qualified plans: We provide independent objective co-fiduciary investment consulting services for qualified retirement plans (both participant directed and company directed), including the development of a comprehensive written investment policy statement. We provide advice based on forward-looking market assumptions, as well as ongoing manager selection and monitoring. In addition, Newport acts as co-fiduciary for the investment consulting services we provide to these plans, sharing fiduciary responsibility with the sponsor.
for non-qualified plans: We target the specific objectives of both plan sponsors and participants. For sponsors, we provide sophisticated hedging strategies designed to better match assets and liabilities. As with our qualified plans, we provide an open-architecture, best-in-class investment menu.
independent investment consulting: Newport also provides objective, fee-based investment consulting services to a wide variety of investment portfolios including endowments, foundations and corporate operating funds for both for-profit and non-profit organizations.
Improving the quality of the sponsor’s investment program
Model Portfolio [sample](Moderate Allocation)
Style Allocation % Cash 8 Bonds 28 Absolute Return 10 Large Cap 27 Mid Cap 10 Small Cap 3 International 14
To help participants in Newport
qualified and non-qualified plans with
asset allocation decisions, Newport
constructs five asset allocation
strategies that span the risk spectrum
from conservative to aggressive.
Custom-designed for each plan we
administer, these model portfolios use
the actual funds contained within the
plan and include exposure to all major
investment styles.
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visionary technology Newport’s continuing investment in the latest technology puts us at the forefront of our industry, allowing us to streamline virtually every aspect of plan administration, recordkeeping, accounting, implementation and conversion.
In addition, our state-of-the-art website plandestination.com makes plan and account management less burdensome for sponsors and more convenient for participants. Sponsors have continuous access to customizable reports and accurate, up-to-the-minute plan and participant information. Participants can enroll online, check their balances, view personal performance, perform transactions, access advice and planning tools, download forms, and check the latest market news. And for those who have multiple plans with Newport, a single login allows them to view all of their plans.
client service center When plan participants need one-on-one support, Newport Client Service Center representatives are available to answer questions, perform transaction requests and provide investment information. Our professional staff includes benefit and investment specialists able to respond to specific inquiries. Representatives can be reached toll-free Monday through Friday, 8:30 a.m. to 8 p.m. ET.
Compliance
ParticipantCall Center
Accuracy and Clarity of Participant Statements
Range of Investment Options
Reporting Timeliness
Form 5500
Turnaround on Loans
Reporting
Fee Fairness
Staff Responsiveness
Internet Services for plan sponsors
Knowledge of Account Representatives
Regulation Updates
Staff Consistency
Once again, newpOrt has received top honors in
Plansponsor magazine’s survey of defined contribution
providers. Each year, the magazine polls plan
sponsors to determine their level of satisfaction with
their providers’ services.
Newport’s true open architecture, Client Service Center,
high-touch client service, fairness of fees, and plan
administration services—the things that matter most to
plan sponsors—were all highly rated again this year.
We thank our plan sponsors for participating in this survey,
and look forward to continuing to help take them and their
participants from vision to value.
“The Newport Group has built a unique platform and service model
for both non-qualified and
qualified retirement plans.”
—Plansponsor magazine
“Best in Class” service to plan sponsors and participants.
Year after year.
“Excellent website.”
“Timely, accurate and thorough.”
“Very responsive.”
“We could not ask any more from them.”
BEST IN CLASS
PLANSPONSOR
DC SURVEYBEST IN CLASS
• BE
ST
IN C
LA
SS • BEST IN CLASS •
BE
ST
IN
CL
AS
S •
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how we do businessSince its inception, Newport has built its client base in conjunction with strategic alliances and joint ventures with other firms in the financial services arena. These include accounting firms, property and casualty organizations, investment advisory firms, benefit consulting organizations, investment and securities firms, and other financial institutions.
Newport provides a breadth and depth of services in the asset management and retirement services arena that materially broadens and deepens the product and service offerings of those with whom we have strategic alliances. The quality, integrity and dependability of Newport’s services are the reasons our alliance partners trust us with their most important asset: their clients.
Newport’s ClientsNewport has more than 2,100 qualified and non-qualified plan clients, including
many Fortune 1000 companies. With total client assets of more than $30
billion*, Newport serves virtually every sector of American business, including:
• Airline and Travel
• Apparel and Fashion
• Automotive
• Banking
• Chemicals
• Insurance and Financial
Services
• Medical Services and
Physicians Groups
• Public Utilities
• Real Estate
• Restaurants and Food Service
• Retail
• Technology
*as of 12/31/10
For More Information
We have designed our comprehensive suite of services with the needs of plan sponsors and participants in mind—and our talented, experienced professionals can help you create customized solutions to meet your specific goals. To learn more about how Newport can help take you from vision to value, call 800-230-3907 or visit us online at www.newportgroup.com.
9
300 International Parkway, Suite 270
Heathrow, Florida 32746
p 407-333-2905 f 407-333-2815
www.newportgroup.com
Securities and investment advisory services are offeredthrough Newport Group Securities, Inc., a registered
investment adviser and Member, FINRA.
© 2011 the newport group
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