Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
Newport Trust Company
Most often reported for trustee and custodial
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 169 retirement plans with 100 or more participants reported paying Newport Trust Company $5,000 or more. Those plans cover 797,650 participant records, and the service most often reported is trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $4.2M. Per plan, the median was $22.25 per participant, with the middle half of plans between $10.11 and $36.56. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (23), Ohio (15) and Pennsylvania (15).
In 2012 it appeared on 7 such filings; in 2024, 171. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $10.11 | $22.25 | $36.56 |
| Compensation as a share of plan net assets | 0.02% | 0.03% | 0.04% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Best Buy Retirement Savings Plan | Best Buy Enterprise Services, Inc. | MN | 108,948 | $3.13B | $83K |
| Capital One Financial Corporation Associate Savings Plan | Capital One Financial Corporation | VA | 68,906 | $12.0B | $135K |
| General Dynamics Corporation 401(k) Plan 6.0 | General Dynamics Corporation | VA | 68,452 | $12.4B | $95K |
| Disney Associated Companies' Retirement Plan | TWDC Enterprises 18 Corp. | CA | 53,294 | $1.83B | $8,345 |
| General Dynamics Corporation 401(k) Qaca Plan | General Dynamics Corporation | VA | 45,227 | $7.91B | $69K |
| Dillard's, Inc. Investment & Employee Stock Ownership Plan | Dillard's, Inc. | AR | 44,726 | $3.00B | $200K |
| Sentara 403(b) Savings Plan | Sentara Health | VA | 43,573 | $3.74B | $910 |
| 3M Voluntary Investment Plan and Employee Stock Ownership Plan | 3M Company | MN | 40,574 | $10.6B | $223K |
| Disney Salaried Pension Plan D | TWDC Enterprises 18 Corp. | CA | 34,883 | $10.4B | $46K |
| AT&T Savings and Security Plan | AT&T Inc. | TX | 27,558 | $2.26B | $60K |
| Savewisetm Pooled Employer Plan | Newport Group, Inc. | CA | 26,638 | $431M | $81K |
| General Dynamics Corporation 401(k) Plan for Represented Employees | General Dynamics Corporation | VA | 22,405 | $2.09B | $82K |
| Disney Salaried Pension Plan a | TWDC Enterprises 18 Corp. | CA | 18,186 | $4.20B | $19K |
| Bellsouth Savings and Security Plan | Bellsouth, LLC | TX | 15,110 | $2.53B | $24K |
| Savings Plan of Entergy Corporation and Subsidiaries | Entergy Corporation | LA | 13,114 | $4.36B | $134K |
| Ascensus Secure Retirement Pooled Employer Plan | Newport Group, Inc. | CA | 12,631 | $206M | $40K |
| Flex-N-Gate Corporation 401(k) Plan | Flex-N-Gate LLC | IL | 9,802 | $405M | $112K |
| General Dynamics Corporation 401(k) Plan 3.0 | General Dynamics Corporation | VA | 8,963 | $1.48B | $20K |
| Medisys Health Network, Inc. 403(b) Plan | Medisys Health Network, Inc. | NY | 7,694 | $387M | $79K |
| Lutz Financial Pooled Employer Plan | Newport Group, Inc. | CA | 6,072 | $369M | $80K |
| Simmons First National Corporation 401(k) Plan | Simmons First National Corporation | AR | 4,362 | $285M | $38K |
| Bank Ozk 401(k) Retirement Savings Plan | Bank Ozk | AR | 3,750 | $294M | $13K |
| New Seasons Market LLC 401(k) Plan | New Seasons Market LLC | OR | 3,579 | $69.5M | $20K |
| Larkin Community Hospital 401(k) Plan | Larkin Community Hospital, Inc. | FL | 3,331 | $16.7M | $14K |
| Savings Plan of Entergy Corporation and Subsidiaries Viii | Entergy Corporation | LA | 2,894 | $112M | $30K |
| Propharma Group 401(k) Plan | Propharma Group | NC | 2,785 | $105M | $29K |
| Tfo Advantage Pooled Employer Plan | Newport Group, Inc. | CA | 2,627 | $131M | $23K |
| 403(b) Thrift Plan for CW Group, Inc. | CW Resources, Inc. | CT | 2,573 | $20.7M | $5,533 |
| 3M Savings Plan | 3M Company | MN | 2,330 | $285M | $6,049 |
| Mypath 401(k) Retirement Plan | Oconomowoc Residential Programs, Inc. | WI | 2,210 | $39.3M | $11K |
| Phynet Dermatology, LLC 401(k) Plan | Phynet Dermatology, LLC | TN | 2,158 | $54.6M | $25K |
| The Danella Companies 401(k) Plan | Danella Companies, Inc. | PA | 2,053 | $20.0M | $5,585 |
| Freeland Group Restaurants 401(k) Plan | Freeland Group Restaurants, Inc. | IN | 2,037 | $21.5M | $10K |
| R.B. Pamplin Corporation and Subsidiaries Pension Plan and Trust | R. B. Pamplin Corporation | OR | 1,950 | $118M | $69K |
| Morley Companies, Inc. 401(k) Profit Sharing Plan & Trust | Morley Companies, Inc. | MI | 1,924 | $46.8M | $18K |
| Noms 401(k) Profit Sharing Plan | Northern Ohio Medical Specialists, LLC | OH | 1,831 | $117M | $27K |
| Connectiverx Retirement Savings Plan | PSKW, LLC | NJ | 1,831 | $75.0M | $19K |
| Pentagon Technologies Group, Inc. 401(k) Profit Sharing Plan | Pentagon Technologies Group, Inc. | CA | 1,759 | $31.1M | $10K |
| Sheet Metal Workers Local Pension Plan | Board of Trustees Sheet Metal Workers Local Pension Plan | OH | 1,705 | $80.4M | $10K |
| MMHR 401(k) Pooled Employer Plan | Newport Group, Inc. | CA | 1,660 | $37.0M | $7,922 |
Questions and answers
How many plans does Newport Trust Company serve?
169 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Newport Trust Company?
The median plan reported $22.25 per participant in direct and indirect compensation (166 plans reporting an amount), or 0.03% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Trustee (bank, trust company, or similar financial institution) (132 plans), Trustee (directed) (74 plans), Custodial (securities) (19 plans) and Claims processing (17 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.