# T. Rowe Price Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/t-rowe-price-group-inc-401k-plan

> T. Rowe Price Group, INC.&#39;s 401(k) plan: 6,820 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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)

- **Total Participants:** 6,820

- **Total Assets:** $4.9B

## 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.|

| 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|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GRANT THORNTON LLP](https://planprovider.pro/provider/grant-thornton-llp) — Auditor

## 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|

| 2024|—|—|—|—|—|

| 2023|-$14,733|—|—|-$14,733|—|

| 2022|-$27,600|—|—|—|—|

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