For new players I prefer T5 based tournaments, as you get a lot of chips for limping, and the blind structure moves slowly for the first hour - when people are still figuring out if a straight or a flush is better.
T5 x15
T25 x13
T100 x6
T500 and T1000 varies depending on how late you are targeting the night to last.
Some people like tournaments that start with the 5value, others start with 25value, others 100....and so on. To each their own, I personally like the 25/100/500/1000/5000 value allocation for tournaments.
Was about to write the same thing. New players will make mistakes and will still want to keep playing. A starting stack of ~5000 in chip value starting 25/50 blinds increasing per typical multiples with rebuys until a the 100/200 or 200/400 level will keep everyone playing for at least a hour or so.
Here is my plan with
HSI chips for 5k starting stacks. You could +/- the 500 and 1000 value chips to come to the same value. If you are buying in once without any rebuys or have friends with a large amount of patience and or a love for poker then 10,000+ starting stacks could be used with the same starting blinds. If playing just one table I would suggest more 1k chips and less 500's like in my picture.
Also consider colour up chips....all of the 25 ,100 and even potentially 500 chips could be rounded up later in the game to same real estate space on the table as the chips pile up. A few high value chips will take care of this easily.
You could go with the breakdowns as above..... the one on the left is probably something you could consider if you want to use less overall chips. My preferred starting stack is the 12/12/5/1 which could also be 12/12/3/2 multiply the # of starting stacks plus the 25 & 100 value (could also include 500 value) in extra 1000 and/or 5000 value chips to cover the colour ups.....plus additional chips can be added for rebuys.
In my set above rebuys for 5k would be 0/0/4/3.
60-25
60-100
45-500
30-1000
5-5000
200 chips should get you done for 5 people