401(k) · DOL Form 5500 · 2024

T. Rowe Price Group, Inc. 401(k) Plan

Data updated 2026-08-25

$4.9B
Total assets Very large vs avg
6,639
Participants Above avg headcount
100th
Percentile by assets National rank
$745,366
Avg per participant High balance/head
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Official DOL plan name: T. Rowe Price U.S. Retirement Program · Sponsored by T. Rowe Price Group, Inc. · Maryland · Finance & Insurance

$4.9B in assets, 6,639 participants

T. Rowe Price Group, Inc.'s T. Rowe Price U.S. Retirement Program reported $4.9B in total assets and 6,639 participants in its 2024 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.

  • #8,497 in Finance & Insurance (8,549 peers)

Coverage in Maryland

T. Rowe Price U.S. Retirement Program covers 6,639 participants in Maryland, 7.1x the typical Maryland plan (state average ~929 per filing). Assets: $4.9B.

#8,497
in Finance & Insurance (8,549 peers)
+13.6%
assets growth YoY
50×
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 2024 · DOL Form 5500

$4,948,487,009 Highest reported value at or above every one of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

T. Rowe Price U.S. Retirement Program's large-plan peer group by participant headcount

Plan-year 2024 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 (6,639 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • T. Rowe Price U.S. Retirement Program reported net income fell from $706M in the plan year 2023 filing to $591M in the plan year 2024 filing.
  • T. Rowe Price U.S. Retirement Program end-of-year assets rose from $4.4B in the plan year 2023 filing to $4.9B in the plan year 2024 filing.
  • T. Rowe Price U.S. Retirement Program reported participants rose from 6,292 in the plan year 2023 filing to 6,639 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 522264646 · T. Rowe Price Group, Inc. PY 2024 · 401(k)

T. Rowe Price U.S. Retirement Program · $4.9B · 6,639 · 100th

  • EOY $4.9B
  • 5500 6,639
  • ASSETS 100th
  • PCT 401(k)
  • EIN near Chubb US 401(k) Plan
  • RANK ind #8497

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

Pg&e Corp. Retirement Savings Plan for Union-Represented EmployeesPg&e Corp. Retirement Saving…$5.0BBmo 401(k) Savings Plan$5.0BT. Rowe Price U.S. Retirement ProgramT. Rowe Price U.S. Retiremen…$4.9BChubb US 401(k) Plan$5.0BHsbc - North America (U. S.) Tax Reduction Investment PlanHsbc - North America (U. S.)…$4.9B
End-of-year total assets ($B) among T. Rowe Price U.S. Retirement Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$4.4B
Net Assets (End of Year)$4.9B
Net Income$591M
Employer EIN522264646
Plan Effective Date1997-01-01
Filing StatusFILING 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
$3.5B$4B$4.5B$5B$5.5B 202220232024 $3.65B $4.95B ▲ +35.6%
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.

T. Rowe Price U.S. Retirement Program vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants T. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining EmployeesSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.445442054 · Participants: 86365Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
T. Rowe Price U.S. Retirement Program vs. nearby 401(k) plans in Maryland, assets vs. participants

Scale composition for T. Rowe Price U.S. Retirement Program

T. Rowe Price U.S. Retirement Program reports $4.9B in end-of-year assets across 6,639 participants (0.040% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $745,366 per participant (5.4x the national average assets-per-participant) . Net income for plan year 2024 was $591M.

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 Open filing
2024 · index core 6,639 $4.9B This page

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 ($5.0B); by covered participants it is Crescent Hotels & Resorts 401(k) Plan in VA (6,641 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,639 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did T. Rowe Price U.S. Retirement Program assets move in 2024?
T. Rowe Price U.S. Retirement Program grew at a solid clip - up 13.6% during 2024, from $4.4B to $4.9B. Reported net income was $591M.
How have T. Rowe Price Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), T. Rowe Price Group, Inc.'s sponsor-wide assets grew 35.5%, from $3.7B to $4.9B.
Where does T. Rowe Price U.S. Retirement Program rank by assets among Form 5500 filers?
T. Rowe Price U.S. Retirement Program ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to T. Rowe Price U.S. Retirement Program?
Among 401(k) plans in other states, the closest by assets is Chubb US 401(k) Plan in PA ($5.0B, 15,396 participants).
Which 401(k) plans cover a similar participant headcount to T. Rowe Price U.S. Retirement Program?
Among 401(k) plans in other states, the closest by covered participants is Crescent Hotels & Resorts 401(k) Plan in VA (6,641 participants, $102M in assets).