newportgroup.com The information contained herein is for informational purposes only and does not constitute legal or tax advice. © 2016 Newport Group, Inc. All Rights Reserved. N401D-112316 CLIENT CASE STUDY Streamlined Plan Delivers Success After declines in participation rates, Newport Group and its advisor partner help a cabinet manufacturer build a better 401(k) Profit Sharing Plan. Situation After freezing its pension plans, a leading cabinet manufacturer found that participation rates in its 401(k) Profit Sharing Plan were on the decline. A survey of plan participants revealed that many started enrollment, but failed to follow through to completion. These employees said they were confused with the plan’s 30+ investment choices. Most plan participants were also

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