Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
T. Rowe Price Associates, Inc.
Most often reported for investment advisory and management
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
T. Rowe Price Associates, Inc. is named as a service provider on the Schedule C of 34 retirement plans with 100 or more participants for plan year 2024, covering 1,967,614 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $35.8M. Per plan, the median was $25.77 per participant, with the middle half of plans between $8.21 and $53.37. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New York (7), Illinois (3) and Virginia (3).
In 2009 it appeared on 75 such filings; in 2024, 39 (down 48%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $8.21 | $25.77 | $53.37 |
| Compensation as a share of plan net assets | 0.01% | 0.01% | 0.03% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| JPMorgan Chase 401(k) Savings Plan | JPMorgan Chase Bank, National Association | NJ | 300,272 | $52.4B | $2.2M |
| United Association National Pension Fund | B/o/t United Association National Pension Fund | VA | 196,837 | $7.70B | $683K |
| National Electrical Annuity Plan | Trustees of the National Electrical Annuity Plan | MD | 182,716 | $16.8B | $732K |
| The Bank of America Pension Plan | Bank of America Corporation | RI | 168,197 | $17.6B | $2.1M |
| Wells Fargo & Company Cash Balance Plan | Wells Fargo & Company | MN | 165,927 | $8.25B | $706K |
| Citi Retirement Savings Plan | Citigroup Inc. | CT | 121,279 | $23.2B | $780K |
| Mayo Pension Plan | Mayo Clinic | MN | 93,747 | $11.7B | $341K |
| Morgan Stanley 401(k) Plan | Morgan Stanley Domestic Holdings, LLC | NY | 80,789 | $22.0B | $3.8M |
| 401(k) Pension Plan | National Rural Electric Cooperative Association | VA | 80,475 | $16.7B | $5.1M |
| Retirement Security Plan | National Rural Electric Cooperative Association | VA | 75,823 | $11.5B | $1.1M |
| Cox Enterprises, Inc. 401(k) Plan | Cox Enterprises, Inc. | GA | 62,062 | $8.13B | $2.2M |
| The Southern Company Pension Plan | Southern Company Services, Inc. | GA | 58,166 | $15.0B | $1.7M |
| Pfizer Savings Plan | Pfizer Inc. | NY | 57,113 | $22.0B | $819K |
| Cox Enterprises, Inc. Pension Plan | Cox Enterprises, Inc. | GA | 51,142 | $7.13B | $2.2M |
| Mid-America Carpenters Regional Council Pension Fund | Board of Trustees of Mid-America Carpenters Regional Council Pension F | IL | 37,623 | $6.30B | $818K |
| UBS 401(k) Plan Trust | UBS AG | NJ | 34,848 | $10.2B | $2.0M |
| The Hartford Investment and Savings Plan | Hartford Fire Insurance Company | CT | 31,062 | $7.18B | $481K |
| Nextera Energy, Inc. Employee Pension Plan | Nextera Energy, Inc. | FL | 29,209 | $5.11B | $1.9M |
| Sony USA 401(k) Plan | Sony Corporation of America | NY | 25,938 | $6.21B | $869K |
| Ohio Operating Engineers Pension Plan | Ohio Operating Engineers Pension Plan | OH | 20,036 | $3.74B | $1.0M |
| Edison 401(k) Savings Plan | Southern California Edison Company | CA | 16,852 | $6.31B | $833K |
| Alight Solutions LLC 401(k) Plan (Fka Hewitt Associates LLC 401(k) Plan) | Alight Solutions LLC | IL | 12,483 | $2.45B | $120K |
| Centerpoint Energy Savings Plan | Centerpoint Energy, Inc. | TX | 11,962 | $2.88B | $883K |
| Usg Corporation Retirement Plan | Usg Corporation | IL | 9,208 | $612M | $19K |
| Colgate-Palmolive Company Employees Savings & Investment Plan | Colgate-Palmolive Company | NY | 8,882 | $3.27B | $989K |
| Hanford Multi-Employer Pension Plan | Hanford Pension & Savings Plans Committee | WA | 7,714 | $1.22B | $512K |
| Eastman Kodak Employees' Savings and Investment Plan | Eastman Kodak Company | NY | 7,352 | $2.15B | $11 |
| The General Pension Plan of the International Union of Operating Engineers | Pension BD of the General Pension Plan of the Int'l Union of Operating | DC | 6,844 | $1.21B | $484K |
| Kaman Corporation Employees' Pension Plan | Kaman Corporation | CT | 6,461 | $521M | $124K |
| Carefirst, Inc. Retirement Plan | Carefirst, Inc. | MD | 4,512 | $545M | $290K |
| Pension Program for Employees of Olean General Hospital | Olean General Hospital | NY | 809 | $20.0M | $0 |
| Bradford Hospital Retirement Plan | Olean General Hospital | NY | 695 | $24.8M | $0 |
| Valley Health Partners Community Health Center 403(b) Savings Plan | Valley Health Partners Community Health Center | PA | 326 | $3.3M | $12K |
| Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees | Kennametal Inc. | SC | 253 | $17.2M | $2,154 |
Questions and answers
How many plans does T. Rowe Price Associates, Inc. serve?
34 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay T. Rowe Price Associates, Inc.?
The median plan reported $25.77 per participant in direct and indirect compensation (32 plans reporting an amount), or 0.01% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Investment management (27 plans), Recordkeeping and information management (2 plans), Trustee (bank, trust company, or similar financial institution) (1 plans) and Trustee (discretionary) (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.