401(k) · DOL Form 5500 · 2023
T. Rowe Price Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $4.4B
- Total assets Very large vs avg
- 6,292
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $692,521
- Avg per participant High balance/head
Official DOL plan name: T. Rowe Price U.S. Retirement Program · Sponsored by T. Rowe Price Group, Inc. · Maryland · Finance & Insurance
$4.4B in assets, 6,292 participants
T. Rowe Price Group, Inc.'s T. Rowe Price U.S. Retirement Program reported $4.4B in total assets and 6,292 participants in its 2023 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,812 in Finance & Insurance (8,869 peers)
Coverage in Maryland
T. Rowe Price U.S. Retirement Program covers 6,292 participants in Maryland, 6.8x the typical Maryland plan (state average ~929 per filing). Assets: $4.4B.
- #8,812
- in Finance & Insurance (8,869 peers)
- +19.3%
- assets growth YoY
- 44×
- vs typical plan assets (national mean)
T. Rowe Price U.S. Retirement Program's outsized position by total assets
T. Rowe Price U.S. Retirement Program vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,357,344,903 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
T. Rowe Price U.S. Retirement Program's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. T. Rowe Price U.S. Retirement Program lands in the large band (6,292 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- T. Rowe Price U.S. Retirement Program reported net income rose from -$869M in the plan year 2022 filing to $706M in the plan year 2023 filing.
- T. Rowe Price U.S. Retirement Program end-of-year assets rose from $3.7B in the plan year 2022 filing to $4.4B in the plan year 2023 filing.
- T. Rowe Price U.S. Retirement Program reported participants rose from 6,107 in the plan year 2022 filing to 6,292 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 522264646 · T. Rowe Price Group, Inc. PY 2023 · 401(k)
T. Rowe Price U.S. Retirement Program · $4.4B · 6,292 · 100th
- 5500 $4.4B
- 5500 6,292
- 5500 100th
- 5500 401(k)
- 5500 near Chubb US 401(k) Plan
- 5500 ind #8812
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Maryland →
T. Rowe Price U.S. Retirement Program in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $4.4B |
| Net Income | $706M |
| Employer EIN | 522264646 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (T. Rowe Price Group, Inc.)
Sponsor-wide plan assets over time
All T. Rowe Price Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.9B 35.534874017959275% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,107 | $3.7B |
| 2023 | 1 | 6,292 | $4.4B |
| 2024 | 1 | 6,639 | $4.9B |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
- Marriott Retirement Savings Plan $10.2B · 96,415
- Nfl Player Second Career Savings Plan $4.0B · 2,767
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees $2.2B · 12,688
Scale composition for T. Rowe Price U.S. Retirement Program
T. Rowe Price U.S. Retirement Program reports $4.4B in end-of-year assets across 6,292 participants (0.035% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $692,521 per participant (5.0x the national average assets-per-participant) . Net income for plan year 2023 was $706M.
This plan identity (EIN 522264646, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $4.9B (+35.5%) while covered participants moved from 6,107 to 6,639 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,107 | $3.7B | Open filing |
| 2023 | 6,292 | $4.4B | This page |
| 2024 · index core | 6,639 | $4.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- T. Rowe Price U.S. Retirement Program (401(k), $4.9B, 6,639 participants)
T. Rowe Price U.S. Retirement Program's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Chubb US 401(k) Plan in PA ($4.4B); by covered participants it is North Memorial Health Care 401(k) Plan in MN (6,291 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.4B here).
- Chubb US 401(k) Plan (PA) $4.4B · 15,407
- American International Group, Inc. Incentive Savings Plan (NY) $4.4B · 8,139
- Georgia-Pacific LLC 401(k) Retirement Savings Plan (GA) $4.4B · 15,180
- Pg&e Corp. Retirement Savings Plan for Union-Represented Employees (CA) $4.4B · 15,679
Similar participant headcount
Nearest other-state filings by covered participants (6,292 participants); asset peers above are excluded.
- North Memorial Health Care 401(k) Plan (MN) 6,291 · 1 off
- Valmont Employee Retirement Savings Plan (NE) 6,294 · 2 off
- Eyecare Partners 401(k) Plan (MO) 6,287 · 5 off
- The Goodyear Tire & Rubber Company Employee Savings Plan for Bargaining Unit Employees (OH) 6,286 · 6 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.