Plan Snapshot
- Plan Sponsor: T. Rowe Price Group, INC.
- Sponsor EIN: 522264646
- Sponsor Address: 4555 PAINTERS MILL RD, OWINGS MILLS, MD, 211174903
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 12,005
- Total Assets: $5.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 12,005 | $5.6B | $0 | $0 |
| 2024 | 6,820 | $4.9B | $137.7M | $87.6M |
| 2023 | 5,901 | $4.4B | $134.1M | $83.2M |
| 2022 | 6,292 | $3.7B | $113.9M | $73.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $361,290,576 | — | — | — | — |
| 2024 | — | — | — | — | — |
| 2023 | -$14,733 | — | — | -$14,733 | — |
| 2022 | -$27,600 | — | — | — | — |